The housing market in 22432 Burgess, VA is above the national average. According to the data, the median value of houses in this area is $257,400, which is higher than the US House Median Value of $338,100. Furthermore, house appreciation has risen by 10.11% in this area within the last year compared to 8.27% nationally. This suggests that overall, housing prices are increasing faster than the rest of the country and making it a desirable place for potential homeowners to invest.
The median home cost in Burgess (zip 22432) is $257,400. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Burgess (zip 22432) is up 9.8%.
Average Age of Homes
- The median age of Burgess (zip 22432) real estate is 36 years old
The Rental Market in Burgess (zip 22432)
- Renters make up 34.0% of the Burgess (zip 22432) population
- 0.0% of houses and apartments in Burgess (zip 22432), 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.