In 2017, the median housing value in McNair, VA was $720,500. This was significantly higher than the national median value of $338,100 at the same time. The appreciation rate for homes in this area was 7.46%, slightly lower than the 8.27% seen nationally. Home prices continued to rise steadily in McNair throughout 2017, demonstrating that it is a great place to invest in residential real estate.
The median home cost in McNair (zip 20171) is $720,500. Home appreciation the last 10 years has been 66.4%. Home Appreciation in McNair (zip 20171) is up 8.1%.
Average Age of Homes
- The median age of McNair (zip 20171) real estate is 23 years old
The Rental Market in McNair (zip 20171)
- Renters make up 35.9% of the McNair (zip 20171) population
- 1.1% of houses and apartments in McNair (zip 20171), 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.