The housing market in 24131 Paint Bank, VA is experiencing rapid growth. The median value of a house in the area is $195,700, which is significantly lower than the US median value of $338,100. Additionally, while the US has experienced an 8.27% increase in home appreciation over the last year, Paint Bank has experienced an impressive 15.80%, indicating that housing prices are increasing rapidly here. This data suggests that Paint Bank is a great place to invest in real estate and take advantage of the growing market.
The median home cost in Paint Bank (zip 24131) is $195,700. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Paint Bank (zip 24131) is up 15.8%.
Average Age of Homes
- The median age of Paint Bank (zip 24131) real estate is 51 years old
The Rental Market in Paint Bank (zip 24131)
- Renters make up 52.9% of the Paint Bank (zip 24131) population
- 0.0% of houses and apartments in Paint Bank (zip 24131), 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.