The housing in 24350 Ivanhoe, VA is a great option for prospective buyers. The median value of homes in this area is $116,600, which is much lower than the national house median value of $338,100. Moreover, the 1 year appreciation rate for homes in this area has been 13.65%, significantly higher than the national average of 8.27%. Therefore, this area offers a great potential for investors and home buyers alike who want to benefit from an appreciating market while also taking advantage of more affordable prices compared to other areas.
The median home cost in Ivanhoe (zip 24350) is $116,600. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Ivanhoe (zip 24350) is up 16.2%.
Average Age of Homes
- The median age of Ivanhoe (zip 24350) real estate is 37 years old
The Rental Market in Ivanhoe (zip 24350)
- Renters make up 7.2% of the Ivanhoe (zip 24350) population
- 0.0% of houses and apartments in Ivanhoe (zip 24350), 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.