The housing market in Strasburg, VA is an attractive option for potential homeowners. The median value of a house in Strasburg is $295,600, which is astonishingly lower than the US house median value of $338,100. Despite the lower median value, the appreciation rate for housing in Strasburg over the past year has been 8.08%, only slightly lower than the national appreciation rate of 8.27%. This makes Strasburg a great place to invest in real estate for people looking for both a strong market and an affordable option.
The median home cost in Strasburg is $295,600. Home appreciation the last 10 years has been 81.1%. Home Appreciation in Strasburg is up 13.9%.
Average Age of Homes
- The median age of Strasburg real estate is 24 years old
The Rental Market in Strasburg
- Renters make up 38.4% of the Strasburg population
- 4.2% of houses and apartments in Strasburg, 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.