The housing market in The Plains, VA in 2019 has seen strong growth. According to data from the US Census Bureau, the median value of homes is currently $829,100, which is higher than the national median value of $338,100. Furthermore, home values have increased by 7.46% over the past year in The Plains, compared to the national rate of 8.27%. This indicates a robust real estate market in The Plains and suggests that now may be a good time for those looking to invest in property there.
The median home cost in The Plains (zip 20198) is $829,100. Home appreciation the last 10 years has been 66.4%. Home Appreciation in The Plains (zip 20198) is up 8.1%.
Average Age of Homes
- The median age of The Plains (zip 20198) real estate is 44 years old
The Rental Market in The Plains (zip 20198)
- Renters make up 25.0% of the The Plains (zip 20198) population
- 0.4% of houses and apartments in The Plains (zip 20198), 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.