The housing market in 24484 Warm Springs, VA is quite robust. With a median value of $202,300, the housing costs are significantly lower than the US median value of $338,100. In addition to the lower cost of housing, the 1 year house appreciation rate in 24484 Warm Springs is 12.12%, which is greater than the US average of 8.27%. This indicates that investing in this location may be a wise decision for potential home buyers as it provides some financial stability and potential future returns on investment.
The median home cost in Warm Springs (zip 24484) is $202,300. Home appreciation the last 10 years has been 54.3%. Home Appreciation in Warm Springs (zip 24484) is up 14.6%.
Average Age of Homes
- The median age of Warm Springs (zip 24484) real estate is 37 years old
The Rental Market in Warm Springs (zip 24484)
- Renters make up 25.0% of the Warm Springs (zip 24484) population
- 0.0% of houses and apartments in Warm Springs (zip 24484), 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.