Southern Gateway, VA Housing

The housing in Southern Gateway, VA is a great investment. The median value of houses in the area is $261,000, which is much lower than the national median value of $338,100. Additionally, the one year appreciation rate is higher than the national average at 10.11%, making it a great option for anyone looking to invest in the housing market. With its relatively low median value and high appreciation rate, Southern Gateway, VA is an ideal place to purchase a home.

The median home cost in Southern Gateway is $261,000. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Southern Gateway is up 9.8%.

Average Age of Homes

- The median age of Southern Gateway real estate is 22 years old

The Rental Market in Southern Gateway

- Renters make up 67.0% of the Southern Gateway population
- 2.9% of houses and apartments in Southern Gateway, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Southern Gateway, Virginia	United States
	1,329.0	139,647,020.0
	27	42
	$261,000	$338,100
	9.8%	16.6%
	45.4%	57.0%
	70.1%	101.1%
	$8.48	$10.98
	$2,007	$2,690
	27.2%	57.4%
	5.3%	11.2%
	67.5%	31.4%
Vacant Housing
	2.9%	1.9%
	1.5%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	4.4%	11.3%
	12.5%	13.0%
	64.8%	20.1%
	9.4%	13.6%
	8.9%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.4%	13.6%
	8.4%	13.6%
	62.6%	13.6%
	18.3%	13.2%
	3.8%	14.8%
	62.6%	13.6%
	0.0%	10.0%
	2.0%	4.7%
	0.0%	12.2%

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