The housing market in Northumberland, VA County is thriving. According to recent data, the median value of homes is $297,800. This is significantly lower than the US House Median Value of $338,100. Yet despite this difference, homes in Northumberland are appreciating more quickly than their counterparts across the country. In fact, house appreciation in Northumberland rose by 13.04% over the last year compared to a national average of 8.27%. This trend suggests that Northumberland's housing market will continue to be a desirable investment option for potential buyers and sellers alike.
The median home cost in Northumberland County is $297,800. Home appreciation the last 10 years has been 71.6%. Home Appreciation in Northumberland County is up 11.4%.
Average Age of Homes
- The median age of Northumberland County real estate is 31 years old
The Rental Market in Northumberland County
- Renters make up 10.4% of the Northumberland County population
- 0.7% of houses and apartments in Northumberland 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.