The housing market in Chesterfield, VA County is strong and growing. The median value for a house in the area is $359,500, which is higher than the US median value of $338,100. Furthermore, the 1 year appreciation rate of houses in Chesterfield County has been 11.45%, which is more than double the US average rate 8.27%. This indicates that investing in real estate in this area may be a wise decision as property values are on an upward trajectory.
The median home cost in Chesterfield County is $359,500. Home appreciation the last 10 years has been 81.3%. Home Appreciation in Chesterfield County is up 16.4%.
Average Age of Homes
- The median age of Chesterfield County real estate is 30 years old
The Rental Market in Chesterfield County
- Renters make up 21.7% of the Chesterfield County population
- 1.0% of houses and apartments in Chesterfield 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.