The housing market in West Springfield, VA (zip code 22152) is relatively expensive compared to the national average. According to recent data, the median value of a house in West Springfield is $602,500 which is nearly 80% higher than the US house median value of $338,100. However, while the 1 year US house appreciation rate is 8.27%, appreciation in West Springfield is 4.61%. This suggests that although property prices are high in West Springfield, they may not be rising as quickly as other parts of the country.
The median home cost in West Springfield (zip 22152) is $602,500. Home appreciation the last 10 years has been 63.1%. Home Appreciation in West Springfield (zip 22152) is up 11.4%.
Average Age of Homes
- The median age of West Springfield (zip 22152) real estate is 44 years old
The Rental Market in West Springfield (zip 22152)
- Renters make up 18.1% of the West Springfield (zip 22152) population
- 0.4% of houses and apartments in West Springfield (zip 22152), 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.