The housing market in Lake Wilderness, VA is thriving. The median value for a house is $307,300, which is below the US House Median Value of $338,100. However, the 1 year appreciation rate for houses in Lake Wilderness has been 13.12%, significantly higher than the national average of 8.27%. This shows that demand and interest in the housing market in Lake Wilderness have been strong. With such an impressive rate of growth, it makes sense that people are eager to invest in this area.
The median home cost in Lake Wilderness is $307,300. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Lake Wilderness is up 15.5%.
Average Age of Homes
- The median age of Lake Wilderness real estate is 19 years old
The Rental Market in Lake Wilderness
- Renters make up 10.0% of the Lake Wilderness population
- 0.0% of houses and apartments in Lake Wilderness, 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.