Rich Creek, VA is a great place to consider investing in real estate. The median housing value is $134,700, which is significantly lower than the national average of $338,100. This makes Rich Creek appealing to those looking for an affordable option in the market. Furthermore, Rich Creek has seen a 1 year house appreciation of 15.80%, significantly higher than the US 1 year house appreciation of 8.27%. These figures make Rich Creek an attractive option for investors who are seeking a reliable and profitable return on their investments.
The median home cost in Rich Creek (zip 24147) is $134,700. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Rich Creek (zip 24147) is up 15.8%.
Average Age of Homes
- The median age of Rich Creek (zip 24147) real estate is 37 years old
The Rental Market in Rich Creek (zip 24147)
- Renters make up 18.4% of the Rich Creek (zip 24147) population
- 4.7% of houses and apartments in Rich Creek (zip 24147), 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.