The housing in 24148 Ridgeway, VA is more attractive compared to the national median value. According to the data presented, the median value of a house in 24148 Ridgeway is $117,100 while the US median value is $338,100. This means that a person can purchase a house in this area at almost a third of the cost as compared to what it would cost them nationally. Additionally, this area has shown higher appreciation for homes within the past year; 15.80% compared to the national average of 8.27%. This suggests that purchasing property in this region could be an excellent investment opportunity for anyone looking to invest in real estate.
The median home cost in Ridgeway (zip 24148) is $117,100. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Ridgeway (zip 24148) is up 15.8%.
Average Age of Homes
- The median age of Ridgeway (zip 24148) real estate is 39 years old
The Rental Market in Ridgeway (zip 24148)
- Renters make up 20.0% of the Ridgeway (zip 24148) population
- 0.2% of houses and apartments in Ridgeway (zip 24148), 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.