24528 Brookneal, Virginia has a median housing value of $127,000, which is much lower than the US median housing value of $338,100. This past year, the US house appreciation rate was 8.27%, but 24528 Brookneal saw a much higher house appreciation rate of 14.49%. This spike in house appreciation shows that people are actively investing in the housing market in 24528 Brookneal and is indicative of economic growth and prosperity in this area.
The median home cost in Brookneal (zip 24528) is $127,000. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Brookneal (zip 24528) is up 17.9%.
Average Age of Homes
- The median age of Brookneal (zip 24528) real estate is 51 years old
The Rental Market in Brookneal (zip 24528)
- Renters make up 17.2% of the Brookneal (zip 24528) population
- 2.2% of houses and apartments in Brookneal (zip 24528), 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.