Speedwell, VA is a great place to purchase housing due to its high median value of $128,500. Although this is much lower than the US House median value of $338,100, it still provides good value for money and is likely to appreciate further in coming years. In fact, the 1 year house appreciation rate for Speedwell is 13.65%, which is higher than the US average of 8.27%. This makes Speedwell a desirable location for those looking to buy property and benefit from future price increases.
The median home cost in Speedwell (zip 24374) is $128,500. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Speedwell (zip 24374) is up 16.2%.
Average Age of Homes
- The median age of Speedwell (zip 24374) real estate is 43 years old
The Rental Market in Speedwell (zip 24374)
- Renters make up 21.1% of the Speedwell (zip 24374) population
- 0.0% of houses and apartments in Speedwell (zip 24374), 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.