The housing market in 23452 Virginia Beach, VA is thriving. The median value of homes in this area is $321,500, which is lower than the US median value of $338,100. Despite being lower than the US median value, the 1 year house appreciation rate in 23452 Virginia Beach, VA is 11.30%, significantly higher than the US 1 year house appreciation rate of 8.27%. This indicates that there has been a steady rise in property values over the past year and shows that the area is a great investment opportunity for potential buyers.
The median home cost in Virginia Beach (zip 23452) is $321,500. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Virginia Beach (zip 23452) is up 13.1%.
Average Age of Homes
- The median age of Virginia Beach (zip 23452) real estate is 44 years old
The Rental Market in Virginia Beach (zip 23452)
- Renters make up 34.8% of the Virginia Beach (zip 23452) population
- 1.2% of houses and apartments in Virginia Beach (zip 23452), 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.