The housing market in Burkeville, VA is currently doing well. According to the provided data, the median value of housing in Burkeville stands at $141,200, which is significantly lower than the US House Median Value of $338,100. However, the city has seen an impressive 1 year house appreciation rate of 13.65%, which is higher than the US average of 8.27%. This suggests that there is high demand for property in Burkeville and that it is a good time to buy or invest in the area's real estate market.
The median home cost in Burkeville (zip 23922) is $141,200. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Burkeville (zip 23922) is up 16.2%.
Average Age of Homes
- The median age of Burkeville (zip 23922) real estate is 41 years old
The Rental Market in Burkeville (zip 23922)
- Renters make up 22.2% of the Burkeville (zip 23922) population
- 0.0% of houses and apartments in Burkeville (zip 23922), 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.