The housing market in 24245 Dungannon, VA is performing significantly better than the national average. The median house value in 24245 is $109,800, which is one-third of the US median value of $338,100. In addition to this discrepancy in values, the 1 year appreciation rate of houses in the US is 8.27%, while 24245 saw an impressive 18.69% increase in a single year - a 10% difference. This suggests that there is strong demand for housing and investment opportunity in this area.
The median home cost in Dungannon (zip 24245) is $109,800. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Dungannon (zip 24245) is up 22.5%.
Average Age of Homes
- The median age of Dungannon (zip 24245) real estate is 40 years old
The Rental Market in Dungannon (zip 24245)
- Renters make up 31.0% of the Dungannon (zip 24245) population
- 7.3% of houses and apartments in Dungannon (zip 24245), 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.