The housing in 22538 Rappahannock Academy, VA is a desirable location due to its competitive median value of $291,300. This is significantly lower than the US House Median Value of $338,100. The appreciation value for houses in this area has been particularly notable over the last year with a 13.12% increase compared to 8.27% nationally. This makes Rappahannock Academy an appealing option for prospective homeowners looking to invest in their property and reap the rewards of high appreciation rates.
The median home cost in Rappahannock Academy (zip 22538) is $291,300. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Rappahannock Academy (zip 22538) is up 15.5%.
Average Age of Homes
- The median age of Rappahannock Academy (zip 22538) real estate is 50 years old
The Rental Market in Rappahannock Academy (zip 22538)
- Renters make up 0.0% of the Rappahannock Academy (zip 22538) population
- 0.0% of houses and apartments in Rappahannock Academy (zip 22538), 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.