The housing market in Mountain Road, VA is thriving. The median value of a house in Mountain Road is $126,400, which is much lower than the US median value of $338,100. However, the 1 year appreciation rate of houses in Mountain Road is 14.49%, higher than the US average of 8.27%, indicative of a strong real estate market. With its attractive rates and strong growth potential it's no wonder that many people are looking to invest or live in Mountain Road, VA.
The median home cost in Mountain Road is $126,400. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Mountain Road is up 17.9%.
Average Age of Homes
- The median age of Mountain Road real estate is 38 years old
The Rental Market in Mountain Road
- Renters make up 20.5% of the Mountain Road population
- 0.0% of houses and apartments in Mountain Road, 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.