Zip 23405 (MacHipongo, VA) Housing

The housing market in 23405 MacHipongo, VA is on the rise. The median housing value in this area is $316,600 and has seen an 11.3% appreciation rate in the last year, which is higher than the US-wide 8.27% appreciation rate. This indicates a strong and growing local real estate market. With its close proximity to major cities and towns, 23405 MacHipongo, VA offers a great investment opportunity with potential for future growth and appreciation.

The median home cost in MacHipongo (zip 23405) is $316,600. Home appreciation the last 10 years has been 58.5%. Home Appreciation in MacHipongo (zip 23405) is up 13.1%.

Average Age of Homes

- The median age of MacHipongo (zip 23405) real estate is 32 years old

The Rental Market in MacHipongo (zip 23405)

- Renters make up 5.4% of the MacHipongo (zip 23405) population
- 0.0% of houses and apartments in MacHipongo (zip 23405), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	MacHipongo, Virginia	United States
	577.0	139,647,020.0
	39	42
	$316,600	$338,100
	13.1%	16.6%
	42.0%	57.0%
	58.5%	101.1%
	$6.64	$10.98
	$2,039	$2,690
	74.5%	57.4%
	22.9%	11.2%
	2.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	5.4%	3.6%
	17.5%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	2.3%	2.4%
	2.1%	2.8%
	4.7%	3.9%
	13.0%	4.5%
	12.3%	11.3%
	2.6%	13.0%
	11.2%	20.1%
	25.3%	13.6%
	13.0%	8.3%
	8.6%	9.7%
	2.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	2.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	24.3%	13.6%
	24.3%	13.6%
	7.5%	13.6%
	21.8%	13.2%
	8.3%	14.8%
	7.5%	13.6%
	5.0%	10.0%
	5.0%	4.7%
	26.7%	12.2%

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