Housing in New Baltimore, VA is considerably more expensive than the US median, with a median value of $554,100 compared to the US median of $338,100. Despite being more expensive than the national average, the rate of appreciation over the past year has been lower than average at 7.46%, as compared to 8.27% nationally. This could indicate that while housing prices have risen in New Baltimore, they have not been rising as quickly as elsewhere across the country.
The median home cost in New Baltimore is $554,100. Home appreciation the last 10 years has been 66.4%. Home Appreciation in New Baltimore is up 8.1%.
Average Age of Homes
- The median age of New Baltimore real estate is 26 years old
The Rental Market in New Baltimore
- Renters make up 9.1% of the New Baltimore population
- 0.4% of houses and apartments in New Baltimore, 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.