The housing market in Branchville, VA (23828) is thriving. The median value of housing in the area is $170,800, which is significantly lower than the US median value of $338,100. This makes home ownership more accessible for many families. Furthermore, the appreciation rate of homes in Branchville over the past year has been 12.84%, compared to only 8.27% across the United States in general - indicating a strong and consistent growth in value over time. All of this contributes to a strong and healthy housing market that could be an excellent investment for potential buyers.
The median home cost in Branchville (zip 23828) is $170,800. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Branchville (zip 23828) is up 18.6%.
Average Age of Homes
- The median age of Branchville (zip 23828) real estate is 39 years old
The Rental Market in Branchville (zip 23828)
- Renters make up 17.0% of the Branchville (zip 23828) population
- 1.2% of houses and apartments in Branchville (zip 23828), 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.