New River, VA is becoming a popular area for many to make a home. The median value for housing in this area has risen significantly higher than the national median value over the past year, with a 15.80 percent increase. This is more than double the US house appreciation rate of 8.27 percent. With housing prices climbing at an unprecedented rate in New River, it's no wonder that so many are choosing to call this place home.
The median home cost in New River is $200,800. Home appreciation the last 10 years has been 55.9%. Home Appreciation in New River is up 15.8%.
Average Age of Homes
- The median age of New River real estate is 50 years old
The Rental Market in New River
- Renters make up 0.0% of the New River population
- 0.0% of houses and apartments in New River, 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.