Prince George, VA County has seen a steady increase in housing values over the past year. The median value of homes in Prince George is $322,500, which is slightly lower than the national median of $338,100. However, the area has still experienced a 7.46% house appreciation rate over the course of this year, which is nearly as high as the 8.27% national average. This demonstrates that Prince George is still an attractive and growing market for buyers looking for their dream home or investors looking to cash in on the booming housing market.
The median home cost in Prince George County is $322,500. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Prince George County is up 18.6%.
Average Age of Homes
- The median age of Prince George County real estate is 27 years old
The Rental Market in Prince George County
- Renters make up 26.6% of the Prince George County population
- 2.1% of houses and apartments in Prince George 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.