The housing market in 24550 Evington, VA is very strong. The median value of homes in the area is $240,700, which is significantly less than the US median house price of $338,100. Yet despite this lower price point, home appreciation in 24550 Evington has been strong with a 1 year appreciation rate of 14.49%, which is higher than the national average of 8.27%. This suggests that homes in the area are becoming more valuable at a faster rate than other areas around the country. Combined with low prices and high appreciation rates, 24550 Evington's housing market is an attractive option for potential buyers looking to invest in a place to call home.
The median home cost in Evington (zip 24550) is $240,700. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Evington (zip 24550) is up 17.9%.
Average Age of Homes
- The median age of Evington (zip 24550) real estate is 29 years old
The Rental Market in Evington (zip 24550)
- Renters make up 10.1% of the Evington (zip 24550) population
- 0.0% of houses and apartments in Evington (zip 24550), 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.