The housing market in Mecklenburg, VA County is performing well above the national average. The median value of homes in this county is $151,700, which is much lower than the US median value of $338,100. In terms of house appreciation over the past year, Mecklenburg has seen a 14.43% increase compared to the 8.27% increase across the nation. This indicates that people are investing in real estate in this county at a higher rate than elsewhere in the US.
The median home cost in Mecklenburg County is $151,700. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Mecklenburg County is up 16.3%.
Average Age of Homes
- The median age of Mecklenburg County real estate is 38 years old
The Rental Market in Mecklenburg County
- Renters make up 18.5% of the Mecklenburg County population
- 0.6% of houses and apartments in Mecklenburg 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.