The housing market in 24448 Iron Gate, VA is a great place to invest. According to recent data, the median value of housing in this area is $91,000, significantly lower than the US house median value of $338,100. This lower cost combined with the higher one-year appreciation rate of 12.12% compared to the national average of 8.27% make investing in Iron Gate a great decision for those looking to grow their wealth. The high appreciation rate indicates that an investment now will likely see significant returns over time. Investing in Iron gate is a wise decision that can benefit both short and long term investors.
The median home cost in Iron Gate (zip 24448) is $91,000. Home appreciation the last 10 years has been 54.3%. Home Appreciation in Iron Gate (zip 24448) is up 14.6%.
Average Age of Homes
- The median age of Iron Gate (zip 24448) real estate is 69 years old
The Rental Market in Iron Gate (zip 24448)
- Renters make up 7.2% of the Iron Gate (zip 24448) population
- 0.0% of houses and apartments in Iron Gate (zip 24448), 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.