Scotland, VA is a great place to live for anyone seeking a safe and comfortable home. The median value of housing in the area is $277,100, which is significantly lower than the US median house value of $338,100. In addition, the one year house appreciation for Scotland, VA is 12.84%, which is higher than the national average of 8.27%. This makes Scotland, VA an attractive area for people looking to invest in property for their own use or as an investment opportunity. With its low median value and high appreciation rate, Scotland, VA offers a great opportunity to own a home without breaking the bank.
The median home cost in Scotland is $277,100. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Scotland is up 18.6%.
Average Age of Homes
- The median age of Scotland real estate is 36 years old
The Rental Market in Scotland
- Renters make up 31.6% of the Scotland population
- 0.0% of houses and apartments in Scotland, 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.