The housing market in 23890 Waverly, VA is performing better than the national average. The median value of houses in 23890 Waverly, VA is $164,600, which is significantly lower than the US House Median Value of $338,100. However, what makes this area stand out compared to the rest of the nation is that it has achieved a 1 year House Appreciation rate of 12.84%, which is much higher than the US 1 year House Appreciation rate of 8.27%. This shows that investing in property in 23890 Waverly, VA can be a great option for those looking for an appreciating asset.
The median home cost in Waverly (zip 23890) is $164,600. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Waverly (zip 23890) is up 18.6%.
Average Age of Homes
- The median age of Waverly (zip 23890) real estate is 41 years old
The Rental Market in Waverly (zip 23890)
- Renters make up 27.7% of the Waverly (zip 23890) population
- 3.2% of houses and apartments in Waverly (zip 23890), 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.