The housing market in Dendron, VA is performing well above the national average, as evidenced by the median value of homes in Dendron being significantly lower than the US median value at $182,200. Not only is this number lower, but it is also appreciating faster than the nation average with a 1 year appreciation rate of 12.84%, compared to 8.27% nationally. This means that if someone were to purchase a home here they could expect to see a return on their investment relatively quickly.
The median home cost in Dendron is $182,200. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Dendron is up 18.6%.
Average Age of Homes
- The median age of Dendron real estate is 41 years old
The Rental Market in Dendron
- Renters make up 24.4% of the Dendron population
- 2.2% of houses and apartments in Dendron, 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.