The housing market in 23845 Ebony, VA is showing strong growth compared to the national average. The median value of homes in this area is $240,100, which is much lower than the US median value of $338,100. However, that gap has been narrowing over the last year due to strong appreciation in home values. The US 1-year house appreciation rate is 8.27%, but homes in Ebony have seen a 12.84% increase over the same period. This indicates a healthy and growing real estate market within Ebony and offers potential buyers and investors an opportunity to capitalize on their investment.
The median home cost in Ebony (zip 23845) is $240,100. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Ebony (zip 23845) is up 18.6%.
Average Age of Homes
- The median age of Ebony (zip 23845) real estate is 35 years old
The Rental Market in Ebony (zip 23845)
- Renters make up 4.6% of the Ebony (zip 23845) population
- 0.0% of houses and apartments in Ebony (zip 23845), 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.