The housing market in Port Royal, VA is performing well above the national average. The median value of a house in Port Royal is $296,100, while the US House Median Value is $338,100. In the last year, the US 1 year House Appreciation was 8.27%, while the House 1 year appreciation in Port Royal was 13.12%. This is an indication that there is significant demand for housing and real estate investments in Port Royal are likely to provide good returns over time. Additionally, with a median value of just under $300k, it may be more affordable to purchase here than other parts of the country. Overall, Port Royal seems like an ideal destination for those looking to invest in real estate or find a place to call home.
The median home cost in Port Royal is $296,100. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Port Royal is up 15.5%.
Average Age of Homes
- The median age of Port Royal real estate is 45 years old
The Rental Market in Port Royal
- Renters make up 23.6% of the Port Royal population
- 0.0% of houses and apartments in Port Royal, 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.