The housing market in 22740 Sperryville, VA is experiencing a healthy appreciation rate. The median value for homes in this area is $466,800, which is significantly higher than the US median of $338,100. In fact, over the last year the appreciation rate has been 9.06%, higher than the national average of 8.27%. This is good news for those looking to invest in property in this area as it suggests that their investments could increase in value at a greater than usual rate.
The median home cost in Sperryville (zip 22740) is $466,800. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Sperryville (zip 22740) is up 15.4%.
Average Age of Homes
- The median age of Sperryville (zip 22740) real estate is 59 years old
The Rental Market in Sperryville (zip 22740)
- Renters make up 13.8% of the Sperryville (zip 22740) population
- 3.1% of houses and apartments in Sperryville (zip 22740), 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.