The housing market in 22025 Montclair, VA is relatively healthy compared to the national median value. The median housing value in this area is $520,700 and while that is significantly higher than the US House Median Value of $338,100, the rate of appreciation over the past year has been much lower at 3.59% compared to 8.27%. Despite this slower growth rate, it is still worth considering investing in this area as it offers an opportunity for gain while still providing a safe and secure investment option.
The median home cost in Montclair (zip 22025) is $520,700. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Montclair (zip 22025) is up 8.6%.
Average Age of Homes
- The median age of Montclair (zip 22025) real estate is 26 years old
The Rental Market in Montclair (zip 22025)
- Renters make up 13.7% of the Montclair (zip 22025) population
- 0.5% of houses and apartments in Montclair (zip 22025), 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.