Housing in 23059 Glen Allen, VA is significantly higher than the US median value, with homes being valued at $501,500. This is over 50% more expensive than the US median value of $338,100. The 1 year house appreciation rate in this area is also significantly higher than the national average, with a rate of 13.79%, compared to 8.27%. These figures demonstrate that investment in real estate in 23059 Glen Allen, VA is lucrative and should be considered by those looking to purchase property.
The median home cost in Glen Allen (zip 23059) is $501,500. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Glen Allen (zip 23059) is up 13.8%.
Average Age of Homes
- The median age of Glen Allen (zip 23059) real estate is 16 years old
The Rental Market in Glen Allen (zip 23059)
- Renters make up 24.5% of the Glen Allen (zip 23059) population
- 0.4% of houses and apartments in Glen Allen (zip 23059), 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.