Weyers Cave, VA is a desirable place to live with its median house value reaching $293,300. This is significantly lower than the US median house value of $338,100. Despite lower values, the 1 year house appreciation rate in Weyers Cave is 12.12%, which is 4.85 points higher than the United States 1 year appreciation rate of 8.27%. This suggests that Weyers Cave has been experiencing an increase in housing prices and may be a good investment opportunity for potential homeowners.
The median home cost in Weyers Cave is $293,300. Home appreciation the last 10 years has been 54.3%. Home Appreciation in Weyers Cave is up 14.6%.
Average Age of Homes
- The median age of Weyers Cave real estate is 25 years old
The Rental Market in Weyers Cave
- Renters make up 24.6% of the Weyers Cave population
- 6.2% of houses and apartments in Weyers Cave, 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.