Tappahannock, VA is an ideal place to invest in housing. According to the data, the median value of a house in Tappahannock is $249,500, lower than the US median value of $338,100. What makes Tappahannock an even more attractive place to invest in housing is that it has seen a 13.12% increase in housing values over the past year, compared to just 8.27% for the US as a whole. With such promising figures, investing in housing in Tappahannock could be a wise decision.
The median home cost in Tappahannock is $249,500. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Tappahannock is up 15.5%.
Average Age of Homes
- The median age of Tappahannock real estate is 37 years old
The Rental Market in Tappahannock
- Renters make up 41.3% of the Tappahannock population
- 4.6% of houses and apartments in Tappahannock, 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.