The housing market in Pungoteague, VA is currently experiencing growth. The median value of homes in the area is $148,600, which is much lower than the US median value of $338,100. However, the house appreciation for Pungoteague over the last year has been 11.30%, which is higher than the US 1 year house appreciation rate of 8.27%. This suggests that housing values may continue to increase in the future and that the area could be a good investment opportunity.
The median home cost in Pungoteague is $148,600. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Pungoteague is up 13.1%.
Average Age of Homes
- The median age of Pungoteague real estate is 36 years old
The Rental Market in Pungoteague
- Renters make up 55.6% of the Pungoteague population
- 7.5% of houses and apartments in Pungoteague, 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.