The housing market in 23175 Urbanna, VA looks very promising. The median value of homes in this area is $355,500, which is higher than the US median value of $338,100. Furthermore, the appreciation rate for homes in Urbanna over the past year has been 11.54%, which is higher than the national average of 8.27%. This indicates that housing values are rising quickly and can be expected to continue to do so in the future. With its increasing home values and potential for continued growth, purchasing a property in Urbanna would be a wise investment opportunity.
The median home cost in Urbanna (zip 23175) is $355,500. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Urbanna (zip 23175) is up 15.6%.
Average Age of Homes
- The median age of Urbanna (zip 23175) real estate is 43 years old
The Rental Market in Urbanna (zip 23175)
- Renters make up 16.9% of the Urbanna (zip 23175) population
- 0.5% of houses and apartments in Urbanna (zip 23175), 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.