The housing market in 22623 Chester Gap, VA is quite strong compared to the US median value of $338,100. The median value of housing in the area is $281,500 and has appreciated 8.08% in the last year. Although the appreciation rate is slightly lower than the US average of 8.27%, it still represents an impressive return on investment for homeowners in 22623 Chester Gap, VA. In addition to a strong housing market, this area also offers excellent nearby amenities, making it an ideal place to live and invest.
The median home cost in Chester Gap (zip 22623) is $281,500. Home appreciation the last 10 years has been 81.1%. Home Appreciation in Chester Gap (zip 22623) is up 13.9%.
Average Age of Homes
- The median age of Chester Gap (zip 22623) real estate is 35 years old
The Rental Market in Chester Gap (zip 22623)
- Renters make up 14.4% of the Chester Gap (zip 22623) population
- 0.0% of houses and apartments in Chester Gap (zip 22623), 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.