The housing market in Sanford, VA is doing very well, with the median value of homes being $246,800. This is significantly lower than the US median house value of $338,100. However, what it lacks in comparison to the national average it more than makes up for with its 1 year appreciation rate of 11.49%, which is much higher than the US average of 8.27%. This shows that Sanford, VA has a very healthy and thriving housing market and provides potential homeowners with excellent investment opportunities should they choose to purchase a home there.
The median home cost in Sanford is $246,800. Home appreciation the last 10 years has been 58.6%. Home Appreciation in Sanford is up 13.1%.
Average Age of Homes
- The median age of Sanford real estate is 56 years old
The Rental Market in Sanford
- Renters make up 31.5% of the Sanford population
- 0.0% of houses and apartments in Sanford, 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.