Cana, VA is a great place to purchase a home given its low median value and high year-over-year appreciation rate. The housing median value in Cana, VA is $107,400 which is significantly lower than the US House Median Value of $338,100. Additionally, the one year house appreciation rate for Cana, VA is 13.65%, more than 5% higher than the US 1 year House Appreciation rate of 8.27%. This makes investing in or purchasing a home in Cana, VA an attractive option for potential homeowners looking for an affordable area with strong returns on their investment.
The median home cost in Cana is $107,400. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Cana is up 16.2%.
Average Age of Homes
- The median age of Cana real estate is 37 years old
The Rental Market in Cana
- Renters make up 19.4% of the Cana population
- 5.7% of houses and apartments in Cana, 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.