The housing market in 24175 Troutville, VA is booming. The median value of a house in the area is $267,100, comparatively lower than the national median value of $338,100. Despite the difference in median values, the 1 year appreciation rate for houses in Troutville was 15.80%, much higher than the national rate of 8.27%. This increase in value their homes makes Troutville an attractive location for potential homebuyers looking to invest.
The median home cost in Troutville (zip 24175) is $267,100. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Troutville (zip 24175) is up 15.8%.
Average Age of Homes
- The median age of Troutville (zip 24175) real estate is 30 years old
The Rental Market in Troutville (zip 24175)
- Renters make up 8.7% of the Troutville (zip 24175) population
- 2.5% of houses and apartments in Troutville (zip 24175), 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.