24613 Falls Mills, VA has a housing median value of $89,300, which is significantly lower than the US housing median value of $338,100. Despite this disparity in price point, the US experienced an 8.27% increase in house appreciation over the past year while 24613 Falls Mills experienced an even higher 13.65% increase in house appreciation over the same period of time. This suggests that there is a high demand for housing in this area and that it may be a good investment opportunity for those looking to purchase a home.
The median home cost in Falls Mills (zip 24613) is $89,300. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Falls Mills (zip 24613) is up 16.2%.
Average Age of Homes
- The median age of Falls Mills (zip 24613) real estate is 43 years old
The Rental Market in Falls Mills (zip 24613)
- Renters make up 4.9% of the Falls Mills (zip 24613) population
- 0.0% of houses and apartments in Falls Mills (zip 24613), 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.