The housing market in New Church, VA is strong with the median value being $134,000 and the US House median value being $338,100. The appreciation rate for housing in the US is 8.27%, while in New Church, VA it is 11.30%. This indicates that New Church is currently experiencing a higher appreciation rate than the national average which could lead to increased prices if this trend continues. In addition to this, real estate within the area offers great value for money as its median value is significantly less than other areas of the country providing an attractive option for those looking to buy into the area.
The median home cost in New Church is $134,000. Home appreciation the last 10 years has been 58.5%. Home Appreciation in New Church is up 13.1%.
Average Age of Homes
- The median age of New Church real estate is 16 years old
The Rental Market in New Church
- Renters make up 31.6% of the New Church population
- 0.0% of houses and apartments in New Church, 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.