The real estate market in 23422 Pungoteague, VA is thriving. The median value of a home here is currently $195,100 – well below the national median value of $338,100. However, Pungoteague’s housing market has seen higher appreciation than the national average over the past year, with an 11.30% increase compared to an 8.27% increase nationally. This makes it a great location for buying and investing in property due to its lower cost and high potential for return on investment.
The median home cost in Pungoteague (zip 23422) is $195,100. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Pungoteague (zip 23422) is up 13.1%.
Average Age of Homes
- The median age of Pungoteague (zip 23422) real estate is 78 years old
The Rental Market in Pungoteague (zip 23422)
- Renters make up 13.8% of the Pungoteague (zip 23422) population
- 0.0% of houses and apartments in Pungoteague (zip 23422), 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.