Zip 23840 (DeWitt, VA) Housing

The median housing value in DeWitt, VA (23840) is $263,400, which is significantly lower than the US median of $338,100. However, DeWitt real estate has had an impressive 12.84% appreciation rate in the last year compared to the 8.27% national average. This makes DeWitt a great place to invest in housing and could be a great opportunity for those looking to buy property at bargain prices while still reaping the rewards of a healthy market appreciation rate.

The median home cost in DeWitt (zip 23840) is $263,400. Home appreciation the last 10 years has been 77.0%. Home Appreciation in DeWitt (zip 23840) is up 18.6%.

Average Age of Homes

- The median age of DeWitt (zip 23840) real estate is 26 years old

The Rental Market in DeWitt (zip 23840)

- Renters make up 17.1% of the DeWitt (zip 23840) population
- 0.0% of houses and apartments in DeWitt (zip 23840), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	DeWitt, Virginia	United States
	835.0	139,647,020.0
	36	42
	$263,400	$338,100
	18.6%	16.6%
	58.1%	57.0%
	77.0%	101.1%
	$8.44	$10.98
	$1,606	$2,690
	77.8%	57.4%
	9.6%	11.2%
	12.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	9.6%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	6.3%	2.4%
	4.2%	2.8%
	6.3%	3.9%
	2.2%	4.5%
	6.3%	11.3%
	29.5%	13.0%
	18.9%	20.1%
	15.5%	13.6%
	0.0%	8.3%
	10.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.0%	13.6%
	21.0%	13.6%
	19.3%	13.6%
	19.2%	13.2%
	14.6%	14.8%
	19.3%	13.6%
	5.3%	10.0%
	0.0%	4.7%
	13.4%	12.2%

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