The housing market in 23924 Chase City, VA is especially strong. The median value of a home in this area is $109,300, which is much lower than the US median house value of $338,100. Additionally, houses in this area have appreciated significantly over the last year with an appreciation rate of 13.65%, far higher than the US average of 8.27%. Because of these two factors, this area offers a great opportunity for potential buyers looking to get into a home at an affordable price that will appreciate quickly in value over time.
The median home cost in Chase City (zip 23924) is $109,300. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Chase City (zip 23924) is up 16.2%.
Average Age of Homes
- The median age of Chase City (zip 23924) real estate is 54 years old
The Rental Market in Chase City (zip 23924)
- Renters make up 21.3% of the Chase City (zip 23924) population
- 1.4% of houses and apartments in Chase City (zip 23924), 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.