The housing market in 23801 Fort Lee, VA is thriving. The median value of homes in the area is $354,100, which is significantly higher than the national median value of $338,100. Moreover, the one-year appreciation rate for housing in Fort Lee is 12.84%, much greater than the national one-year appreciation rate of 8.27%. This indicates that investing in a home in this area may be a great decision for potential homeowners looking to take advantage of a rapidly appreciating market.
The median home cost in Fort Lee (zip 23801) is $354,100. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Fort Lee (zip 23801) is up 18.6%.
Average Age of Homes
- The median age of Fort Lee (zip 23801) real estate is 9 years old
The Rental Market in Fort Lee (zip 23801)
- Renters make up 84.8% of the Fort Lee (zip 23801) population
- 2.7% of houses and apartments in Fort Lee (zip 23801), 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.