The housing market in Urbanna, VA is thriving. The median value of homes in the area is currently $355,100 compared to the national median value of $338,100. This means that the cost of living in Urbanna is slightly higher than the national average. What's more, over the past year home values have appreciated by 11.54%, significantly higher than the US average of 8.27%. Ultimately, it's a great time to invest in property in Urbanna as its strong housing market offers excellent returns on investment.
The median home cost in Urbanna is $355,100. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Urbanna is up 15.6%.
Average Age of Homes
- The median age of Urbanna real estate is 44 years old
The Rental Market in Urbanna
- Renters make up 17.4% of the Urbanna population
- 1.7% of houses and apartments in Urbanna, 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.