Housing in 24078 Collinsville, VA is relatively affordable when compared to the national median of $338,100. The median value for housing in the area is $130,400 which is significantly lower than the national median. Additionally, the one year house appreciation rate in this area is 11.69%, which is higher than the national appreciation rate of 8.27%. This indicates that housing prices in 24078 Collinsville, VA are increasing at a faster pace than average. In summary, for those looking to purchase a home in this area will be able to do so at an affordable price and benefit from potential future appreciation.
The median home cost in Collinsville (zip 24078) is $130,400. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Collinsville (zip 24078) is up 17.1%.
Average Age of Homes
- The median age of Collinsville (zip 24078) real estate is 45 years old
The Rental Market in Collinsville (zip 24078)
- Renters make up 32.8% of the Collinsville (zip 24078) population
- 8.3% of houses and apartments in Collinsville (zip 24078), 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.