The median value of housing in 24150 Ripplemead, VA is $144,600, which is significantly lower than the US median house value of $338,100. Despite this difference, the 1 year appreciation rate of housing in 24150 Ripplemead, VA is actually higher than the US average by a margin of 7.53%, measuring 15.80% appreciation in the area over the past year. This shows that while 24150 Ripplemead may not have as high a median value as other places, it could still be a wise investment due to its strong growth and potential for even greater returns in coming years.
The median home cost in Ripplemead (zip 24150) is $144,600. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Ripplemead (zip 24150) is up 15.8%.
Average Age of Homes
- The median age of Ripplemead (zip 24150) real estate is 47 years old
The Rental Market in Ripplemead (zip 24150)
- Renters make up 9.8% of the Ripplemead (zip 24150) population
- 0.0% of houses and apartments in Ripplemead (zip 24150), 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.