The housing market in 23885 Sutherland, VA is booming. The median value of homes in the area is $295,100, which is significantly lower than the US median home value of $338,100. However, in the last year the appreciation rate for homes in Sutherland was 12.84%, much higher than the national rate at 8.27%. This proves that Sutherland is a very desirable place to live and is likely to keep increasing in value over time.
The median home cost in Sutherland (zip 23885) is $295,100. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Sutherland (zip 23885) is up 18.6%.
Average Age of Homes
- The median age of Sutherland (zip 23885) real estate is 32 years old
The Rental Market in Sutherland (zip 23885)
- Renters make up 15.2% of the Sutherland (zip 23885) population
- 3.0% of houses and apartments in Sutherland (zip 23885), 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.