The housing in 23316 Cheriton, VA is quite desirable. The median house value for the area is $243,100, which is significantly lower than the US median at $338,100. This makes housing in this area more affordable compared to the rest of the country. Additionally, houses in this area have appreciated by 12.33% over the past year, which is much higher than the national average of 8.27%. This shows that this area is a great option for those looking for an attractive and affordable place to live.
The median home cost in Cheriton (zip 23316) is $243,100. Home appreciation the last 10 years has been 59.0%. Home Appreciation in Cheriton (zip 23316) is up 13.0%.
Average Age of Homes
- The median age of Cheriton (zip 23316) real estate is 17 years old
The Rental Market in Cheriton (zip 23316)
- Renters make up 36.3% of the Cheriton (zip 23316) population
- 0.0% of houses and apartments in Cheriton (zip 23316), 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.