Housing in 22940 Free Union, VA is considered to be quite valuable, with its median value being $528,000. This is significantly higher than the US median house value of $338,100. In addition, this area has seen a 1 year house appreciation rate of 14.98% which is significantly higher than the US average of 8.27%. Therefore, 22940 Free Union, VA is a great place to invest in housing as it has seen strong returns over the past year and has maintained a high median value compared to the national average.
The median home cost in Free Union (zip 22940) is $528,000. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Free Union (zip 22940) is up 14.9%.
Average Age of Homes
- The median age of Free Union (zip 22940) real estate is 33 years old
The Rental Market in Free Union (zip 22940)
- Renters make up 28.9% of the Free Union (zip 22940) population
- 0.0% of houses and apartments in Free Union (zip 22940), 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.