City:

Hume, VA

Hume is a city in the state of virginia with a population of roughly 544. It is in Fauquier County, Virginia the Washington-Arlington-Alexandria, DC-VA-MD-WV core-based statistical areas (CBSA), and the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA combined statistical area (CSA).Its Zip codes include 22639 .

Trends in Home Prices in Hume, VA

Hume, VA is a small town located in the Shenandoah Valley of Virginia. The population is just over 2,000 people and the median household income is just over $60,000. Hume has a strong agricultural economy and is home to several wineries. However, the town's real estate market has been experiencing rapid growth in recent years as more and more people are looking for affordable homes in close proximity to major cities.

The Hume real estate market is dominated by single-family homes and condos. The average price of a single-family home in Hume was $269,500 in 2017 and the average price of a condo was $163,500. The majority of homes in Hume are owned by individuals or families who live there full-time. There are also a few rental properties available in Hume but they tend to be much more expensive than regular homes.

The main reason why the Hume real estate market has been growing so rapidly is because it offers great value for money compared to other areas of Virginia. The cost of living in Hume is relatively low compared to other major cities such as Washington D.C., Baltimore, or Richmond which means that homeowners can get an affordable home that's close to all the amenities they need without having to spend too much money on rent or mortgage payments each month. Additionally, there are plenty of schools and businesses located within easy reach of Hume which makes it an ideal place to raise children or start a business career.

Price Index: Washington-Arlington-Alexandria, DC-VA-MD-WV (MSAD)

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