The housing market in 24602 Bandy, VA is thriving. The median house value in the area is $81,200, which is significantly lower than the US median house value of $338,100. What's more, the one-year appreciation rate for houses in the area has been 13.65%, compared to 8.27% nationally. This makes Bandy an attractive place for potential buyers and investors looking to get a great deal on a property that will appreciate quickly.
The median home cost in Bandy (zip 24602) is $81,200. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Bandy (zip 24602) is up 16.2%.
Average Age of Homes
- The median age of Bandy (zip 24602) real estate is 50 years old
The Rental Market in Bandy (zip 24602)
- Renters make up 7.0% of the Bandy (zip 24602) population
- 1.6% of houses and apartments in Bandy (zip 24602), 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.