The housing market in 24351 Lambsburg, VA is quite strong compared to the rest of the United States. The median value of houses in Lambsburg is $131,200, which is significantly lower than the US median value of $338,100. However, while the US House Appreciation rate is only 8.27% over the past year, Lambsburg's rate has been 13.65%, indicating that Lambsburg's housing market is growing much faster than average. This makes it a great place for both buying and investing in property.
The median home cost in Lambsburg (zip 24351) is $131,200. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Lambsburg (zip 24351) is up 16.2%.
Average Age of Homes
- The median age of Lambsburg (zip 24351) real estate is 32 years old
The Rental Market in Lambsburg (zip 24351)
- Renters make up 37.8% of the Lambsburg (zip 24351) population
- 0.0% of houses and apartments in Lambsburg (zip 24351), 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.