The housing median value in 23409 Mears, VA is $209,500, which is significantly lower than the US House Median Value of $338,100. Despite this discrepancy in prices, the house appreciation rate for this area has outpaced that of the nation with a 1 year appreciation rate of 11.30%, whereas the US 1 year House Appreciation rate is only 8.27%. This speaks to the potential for investing in real estate in 23409 Mears, VA as it has higher rates of growth than the national average.
The median home cost in Mears (zip 23409) is $209,500. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Mears (zip 23409) is up 13.1%.
Average Age of Homes
- The median age of Mears (zip 23409) real estate is 21 years old
The Rental Market in Mears (zip 23409)
- Renters make up 36.2% of the Mears (zip 23409) population
- 0.0% of houses and apartments in Mears (zip 23409), 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.