Rockwood, VA is an attractive place for those looking to invest in real estate, as the median house value is substantially lower than the national average. Additionally, in the last year Rockwood has experienced a 13.65% increase in house appreciation compared to 8.27% nationwide. This makes it an attractive option for people looking for an area with strong potential for return on investment. With its lower than average median housing prices and higher than average appreciation rate, Rockwood is an ideal spot for anyone interested in making a real estate investment.
The median home cost in Rockwood is $277,300. Home appreciation the last 10 years has been 94.1%. Home Appreciation in Rockwood is up 15.2%.
Average Age of Homes
- The median age of Rockwood real estate is 33 years old
The Rental Market in Rockwood
- Renters make up 9.2% of the Rockwood population
- 0.0% of houses and apartments in Rockwood, 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.