Essex, VA County has a median house value of $239,000 which is significantly lower than the US house median value of $338,100. In the last year alone, the appreciation rate for houses in Essex county was 9.85%, higher than the national average of 8.27%. This reflects an overall positive trend in growth for the real estate market in Essex county and makes it an attractive option for potential homeowners who are looking to take advantage of a reasonable housing market.
The median home cost in Essex County is $239,000. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Essex County is up 13.1%.
Average Age of Homes
- The median age of Essex County real estate is 37 years old
The Rental Market in Essex County
- Renters make up 19.1% of the Essex County population
- 1.5% of houses and apartments in Essex 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.