The housing in Buchanan, VA County is relatively affordable compared to the US median value of $338,100. The median house value in the county is $70,500 and has seen a large appreciation rate of 13.79%, much higher than the national average of 8.27%. This makes Buchanan an attractive option for those looking to purchase property or invest in real estate. It's also great for people who already own property in the county since they'll likely benefit from the increase in house values.
The median home cost in Buchanan County is $70,500. Home appreciation the last 10 years has been 57.4%. Home Appreciation in Buchanan County is up 16.3%.
Average Age of Homes
- The median age of Buchanan County real estate is 39 years old
The Rental Market in Buchanan County
- Renters make up 15.9% of the Buchanan County population
- 2.0% of houses and apartments in Buchanan County, 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.