The Plains, VA is a residential area with an impressive median house value of $849,500. This is more than double the national median house value of $338,100 and reflects the quality of living in this area. Over the last year, the appreciation rate for houses in The Plains was 7.46%, slightly lower than the national average of 8.27%. Despite this dip in appreciation rates, The Plains remains a desirable location to live and invest in real estate.
The median home cost in The Plains is $849,500. Home appreciation the last 10 years has been 66.4%. Home Appreciation in The Plains is up 8.1%.
Average Age of Homes
- The median age of The Plains real estate is 78 years old
The Rental Market in The Plains
- Renters make up 24.1% of the The Plains population
- 3.8% of houses and apartments in The Plains, 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.