The housing market in 22508 Lake of the Woods, VA is showing strong appreciation. The median value of homes in 22508 Lake of the Woods, VA stands at $381,700 while the US median house value is significantly lower at $338,100. Additionally, the US one year house appreciation rate is 8.27%, while in 22508 Lake of the Woods, VA it is even higher at 13.12%. This indicates a robust housing market in this area and may provide an excellent opportunity for home buyers or real estate investors.
The median home cost in Lake of the Woods (zip 22508) is $381,700. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Lake of the Woods (zip 22508) is up 15.5%.
Average Age of Homes
- The median age of Lake of the Woods (zip 22508) real estate is 21 years old
The Rental Market in Lake of the Woods (zip 22508)
- Renters make up 11.9% of the Lake of the Woods (zip 22508) population
- 0.0% of houses and apartments in Lake of the Woods (zip 22508), 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.