The housing market in Ivanhoe, VA is thriving. The median value of a house in Ivanhoe is $102,900, which is much lower than the US median value of $338,100. This makes it an attractive option for people who want to find affordable housing. Furthermore, the one-year appreciation of houses in Ivanhoe has been 13.65%, much higher than the 8.27% appreciation rate of the US as a whole. This suggests that investments in local real estate could yield high returns over time.
The median home cost in Ivanhoe is $102,900. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Ivanhoe is up 16.2%.
Average Age of Homes
- The median age of Ivanhoe real estate is 49 years old
The Rental Market in Ivanhoe
- Renters make up 7.9% of the Ivanhoe population
- 0.0% of houses and apartments in Ivanhoe, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.