The housing market in Virginia State is thriving with a median value of $343,200, which is slightly higher than the national median value of $338,100. In the past year, house appreciation in Virginia State has increased by 9.66%, exceeding the 8.27% U.S. average. This growth indicates that home buying and owning property in Virginia State is a great investment opportunity for those looking to secure their financial future.
The median home cost in Virginia is $343,200. Home appreciation the last 10 years has been 65.9%. Home Appreciation in Virginia is up 14.3%.
Average Age of Homes
- The median age of Virginia real estate is 36 years old
The Rental Market in Virginia
- Renters make up 29.8% of the Virginia population
- 1.7% of houses and apartments in Virginia, 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.