The housing market in 24571 Lynch Station, VA has been doing particularly well compared to the US as a whole. The median value of homes here is $180,900, which is significantly lower than the national median home value of $338,100. Furthermore, the one year appreciation rate for homes in 24571 Lynch Station stands at 14.49%, more than double the 8.27% appreciation rate nationwide. This makes it an attractive option for potential buyers and investors who want to benefit from strong returns on their investments without paying sky-high prices.
The median home cost in Lynch Station (zip 24571) is $180,900. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Lynch Station (zip 24571) is up 17.9%.
Average Age of Homes
- The median age of Lynch Station (zip 24571) real estate is 39 years old
The Rental Market in Lynch Station (zip 24571)
- Renters make up 13.1% of the Lynch Station (zip 24571) population
- 0.0% of houses and apartments in Lynch Station (zip 24571), 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.