Glade Spring, VA is an area with a relatively high median housing value of $164,800. This number is significantly lower than the U.S. house median value of $338,100 and it also has seen greater appreciation in the past year at 13.65%, compared to the U.S. 1 year house appreciation rate of 8.27%. This indicates that Glade Spring is an excellent option for those looking to invest in real estate with strong potential for growth and return on investment. Additionally, due to its lower median housing value, Glade Spring may be more accessible for those who are unable to purchase homes at the higher prices typically found elsewhere in the country.
The median home cost in Glade Spring is $164,800. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Glade Spring is up 16.2%.
Average Age of Homes
- The median age of Glade Spring real estate is 57 years old
The Rental Market in Glade Spring
- Renters make up 26.6% of the Glade Spring population
- 2.4% of houses and apartments in Glade Spring, 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.