Millboro, VA is an attractive residential area due to its housing median value of $189,000, which is much lower than the US House Median Value of $338,100. Additionally, the house 1 year appreciation in Millboro is 12.12%, which is higher than the 8.27% US House Appreciation. This makes Millboro a great option for those looking to invest in a home that will appreciate in value over time! With these favorable conditions and its reasonable cost of living, it’s no wonder why so many people are choosing to move to this charming town!
The median home cost in Millboro (zip 24460) is $189,000. Home appreciation the last 10 years has been 54.3%. Home Appreciation in Millboro (zip 24460) is up 14.6%.
Average Age of Homes
- The median age of Millboro (zip 24460) real estate is 28 years old
The Rental Market in Millboro (zip 24460)
- Renters make up 5.8% of the Millboro (zip 24460) population
- 0.0% of houses and apartments in Millboro (zip 24460), 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.