The housing market in 22509 Loretto, VA is an excellent investment. The median value of housing in this area is $109,800 which is much lower than the US median value of $338,100. This offers potential buyers great value for their money when making an investment. Furthermore, this area has seen a strong appreciation rate of 13.12%, higher than the US average of 8.27%. This means that real estate investments made in 22509 Loretto, VA are likely to gain significant value over time. Investing in the housing market here could be an excellent option for those looking to maximize their financial return on investment.
The median home cost in Loretto (zip 22509) is $109,800. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Loretto (zip 22509) is up 15.5%.
Average Age of Homes
- The median age of Loretto (zip 22509) real estate is 37 years old
The Rental Market in Loretto (zip 22509)
- Renters make up 0.0% of the Loretto (zip 22509) population
- 0.0% of houses and apartments in Loretto (zip 22509), 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.