The housing market in Radford city, VA County is currently doing very well. The median value of homes in the area is $209,100, significantly lower than the US median value of $338,100. Over the last year, homes have appreciated by 11.54%, which is greater than the US average appreciation rate of 8.27%. With this strong appreciation rate and relatively low median values compared to the rest of the country, it's clear that Radford city is a great place to consider investing in real estate.
The median home cost in Radford City County is $209,100. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Radford City County is up 15.8%.
Average Age of Homes
- The median age of Radford City County real estate is 46 years old
The Rental Market in Radford City County
- Renters make up 43.5% of the Radford City County population
- 2.7% of houses and apartments in Radford City 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.