The housing market in 20197 Waterford, VA is quite enviable. The median value of a home in this region is a staggering $1,059,100, which is more than three times the US median value of $338,100. In the past year alone, the US has experienced an 8.27% increase in home values, while homes in Waterford have seen a 7.46% appreciation rate鈥攐nly slightly lower than the national average. This suggests that Waterford remains an attractive area for prospective homeowners and investors alike due to its consistent demand and high value of homes.
The median home cost in Waterford (zip 20197) is $1,059,100. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Waterford (zip 20197) is up 8.1%.
Average Age of Homes
- The median age of Waterford (zip 20197) real estate is 17 years old
The Rental Market in Waterford (zip 20197)
- Renters make up 4.6% of the Waterford (zip 20197) population
- 0.0% of houses and apartments in Waterford (zip 20197), 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.