The housing in 23407 Nelsonia, VA is quite affordable compared to the national average. With a median home value of $97,600, it is significantly lower than the US median home value of $338,100. The US has seen a one-year appreciation rate of 8.27% for homes, but Nelsonia has seen an even higher appreciation rate of 11.30%. This higher rate of housing appreciation in this area makes it an attractive place to invest for those looking to buy a home or rental property.
The median home cost in Nelsonia (zip 23407) is $97,600. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Nelsonia (zip 23407) is up 13.1%.
Average Age of Homes
- The median age of Nelsonia (zip 23407) real estate is 24 years old
The Rental Market in Nelsonia (zip 23407)
- Renters make up 27.7% of the Nelsonia (zip 23407) population
- 0.0% of houses and apartments in Nelsonia (zip 23407), 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.