Zip 22971 (Shipman, VA) Housing

The housing in 22971 Shipman, VA is particularly desirable due to its median value of $254,200 which is significantly lower than the US House Median Value of $338,100. In addition, the 1 year house appreciation in Shipman has been 14.98%, which is nearly double the US average appreciation of 8.27%. These figures make it clear that investing in housing in this area can be a great choice for a potential homeowner or investor.

The median home cost in Shipman (zip 22971) is $254,200. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Shipman (zip 22971) is up 14.9%.

Average Age of Homes

- The median age of Shipman (zip 22971) real estate is 36 years old

The Rental Market in Shipman (zip 22971)

- Renters make up 25.3% of the Shipman (zip 22971) population
- 0.0% of houses and apartments in Shipman (zip 22971), 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	Shipman, Virginia	United States
	1,014.0	139,647,020.0
	35	42
	$254,200	$338,100
	14.9%	16.6%
	47.5%	57.0%
	68.6%	101.1%
	$5.71	$10.98
	$1,488	$2,690
	55.6%	57.4%
	27.4%	11.2%
	17.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	7.8%	3.6%
	19.6%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	8.2%	2.4%
	0.0%	2.8%
	5.9%	3.9%
	0.0%	4.5%
	10.5%	11.3%
	8.7%	13.0%
	31.9%	20.1%
	8.0%	13.6%
	15.4%	8.3%
	10.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.9%	13.6%
	10.9%	13.6%
	25.8%	13.6%
	17.4%	13.2%
	10.7%	14.8%
	25.8%	13.6%
	8.1%	10.0%
	1.2%	4.7%
	18.9%	12.2%

Reviews for Shipman

See all (0)

Write a Review

Start Your Review of Shipman

Commute

The premier source for comprehensive city data for over 30 years.

��