The housing market in 23970 South Hill, VA is strong and growing. According to the data provided, the median value of a house in this area is $156,300 while the median value for houses across the US is $338,100. In addition, the US house appreciation rate over one year was 8.27%, but in South Hill it was 13.65%. This indicates that not only are properties valuable in this area, but they are also increasing at a faster rate than other areas of the US. Therefore, those looking to invest in real estate opportunities should definitely consider 23970 South Hill, VA as their destination of choice.
The median home cost in South Hill (zip 23970) is $156,300. Home appreciation the last 10 years has been 57.2%. Home Appreciation in South Hill (zip 23970) is up 16.2%.
Average Age of Homes
- The median age of South Hill (zip 23970) real estate is 44 years old
The Rental Market in South Hill (zip 23970)
- Renters make up 30.6% of the South Hill (zip 23970) population
- 0.0% of houses and apartments in South Hill (zip 23970), 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.