The housing market in Modest Town, VA is booming. The median value of housing is $420,700 which is significantly higher than the US House Median Value of $338,100. Furthermore, over the past year, the US House Appreciation rate was 8.27%, while the House appreciation rate in Modest Town was 12.33%. This indicates that there is strong demand for real estate in this town and that it is a great place to invest in property.
The median home cost in Modest Town is $420,700. Home appreciation the last 10 years has been 59.0%. Home Appreciation in Modest Town is up 13.0%.
Average Age of Homes
- The median age of Modest Town real estate is 78 years old
The Rental Market in Modest Town
- Renters make up 0.0% of the Modest Town population
- 0.0% of houses and apartments in Modest Town, 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.