Housing in 23963 Red House, VA is quite favorable compared to the US median value. In this area, the median value of homes is $130,300 which is significantly lower than the US median of $338,100. However, appreciation rates for houses in this area are quite high with a 1 year appreciation rate of 13.65%, much higher than the national average of 8.27%. Therefore, anyone looking to purchase a home in this area would be getting a quality housing option at an affordable cost with good potential for future growth and appreciation.
The median home cost in Red House (zip 23963) is $130,300. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Red House (zip 23963) is up 16.2%.
Average Age of Homes
- The median age of Red House (zip 23963) real estate is 44 years old
The Rental Market in Red House (zip 23963)
- Renters make up 4.2% of the Red House (zip 23963) population
- 0.0% of houses and apartments in Red House (zip 23963), 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.