The housing market in 24328 Fancy Gap, VA has been growing rapidly recently. The median value for homes in the area is $183,900, significantly lower than the US House Median Value of $338,100. This affordability is likely contributing to the growth of the housing market, as it has appreciated 13.65% over the last year, much faster than the US 1 year House Appreciation rate of 8.27%. Moving to 24328 Fancy Gap provides an excellent opportunity for potential homeowners who are looking for an affordable option with a high potential for future appreciation.
The median home cost in Fancy Gap (zip 24328) is $183,900. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Fancy Gap (zip 24328) is up 16.2%.
Average Age of Homes
- The median age of Fancy Gap (zip 24328) real estate is 38 years old
The Rental Market in Fancy Gap (zip 24328)
- Renters make up 11.6% of the Fancy Gap (zip 24328) population
- 0.0% of houses and apartments in Fancy Gap (zip 24328), 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.