The housing market in the zip code of 22942 Gordonsville, VA is thriving. The median value of homes within this area is $296,300 - significantly less than the US median value of $338,100. Despite having a lower median value than the national average, this area has seen a higher one-year appreciation rate of 14.98%, compared to 8.27% across the USA as a whole. This suggests that now may be an ideal time to purchase property in Gordonsville for those looking to invest in real estate.
The median home cost in Gordonsville (zip 22942) is $296,300. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Gordonsville (zip 22942) is up 14.9%.
Average Age of Homes
- The median age of Gordonsville (zip 22942) real estate is 26 years old
The Rental Market in Gordonsville (zip 22942)
- Renters make up 19.6% of the Gordonsville (zip 22942) population
- 1.2% of houses and apartments in Gordonsville (zip 22942), 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.