The housing market in Stuart, VA is on an upswing. With a median house value of $157,700 compared to the US average of $338,100, Stuart is significantly more affordable. In addition to being more cost-effective, the 1 year house appreciation rate in Stuart is 15.80%, which is significantly higher than the national average of 8.27%. This suggests that now may be a good time for potential homeowners to purchase property in this area as values are projected to continue rising in the coming years.
The median home cost in Stuart is $157,700. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Stuart is up 15.8%.
Average Age of Homes
- The median age of Stuart real estate is 46 years old
The Rental Market in Stuart
- Renters make up 43.3% of the Stuart population
- 1.7% of houses and apartments in Stuart, 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.