Housing in Grundy, VA (zip code 24614) is significantly lower in value than the US average. The median value of housing in Grundy is $91,400 compared to the US median value of $338,100. Despite this lower median value, housing in Grundy has experienced a larger appreciation rate than the US average, with a 1-year appreciation rate of 13.65%, compared to 8.27% nationwide. This indicates that housing prices are increasing faster in Grundy, VA than the overall US market and could be an attractive option for potential homebuyers looking for affordable housing options.
The median home cost in Grundy (zip 24614) is $91,400. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Grundy (zip 24614) is up 16.2%.
Average Age of Homes
- The median age of Grundy (zip 24614) real estate is 40 years old
The Rental Market in Grundy (zip 24614)
- Renters make up 16.6% of the Grundy (zip 24614) population
- 3.3% of houses and apartments in Grundy (zip 24614), 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.