The housing market in Patrick, VA County is thriving. The median value of a house in this county is $142,000, which is significantly lower than the US median value of $338,100. Additionally, over the last year, houses in the county have appreciated by 12.66%, more than double the national appreciation rate of 8.27%. This means that now is a great time to buy property in Patrick County as real estate values are continuing to grow.
The median home cost in Patrick County is $142,000. Home appreciation the last 10 years has been 58.3%. Home Appreciation in Patrick County is up 16.1%.
Average Age of Homes
- The median age of Patrick County real estate is 38 years old
The Rental Market in Patrick County
- Renters make up 18.2% of the Patrick County population
- 1.0% of houses and apartments in Patrick County, 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.