The median value of housing in 22482 Kilmarnock, VA is $321,100, which is slightly below the US median of $338,100. However, the appreciation rate of houses in Kilmarnock is higher than that of the US overall; over the course of one year, house prices in Kilmarnock have increased by 10.11%, compared to 8.27% across the country. This could be attributed to the fact that Kilmarnock is located near several popular beach resorts and other tourist attractions on Virginia's Eastern Shore. The area has become increasingly attractive to potential homeowners looking for a rural lifestyle with access to amenities and entertainment options.
The median home cost in Kilmarnock (zip 22482) is $321,100. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Kilmarnock (zip 22482) is up 9.8%.
Average Age of Homes
- The median age of Kilmarnock (zip 22482) real estate is 26 years old
The Rental Market in Kilmarnock (zip 22482)
- Renters make up 18.8% of the Kilmarnock (zip 22482) population
- 0.8% of houses and apartments in Kilmarnock (zip 22482), 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.