Rustburg, VA

Real estate in Rustburg, VA is a hot commodity. The town has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates.

The median home price in Rustburg was $269,900 as of September 2017, according to the Virginia Association of Realtors. This is up from $229,000 as of September 2016.

Rental rates also continue to rise in Rustburg. As of September 2017, the median rent for a one-bedroom apartment was $1,100 per month and for a two-bedroom apartment it was $1,300 per month.

There are many reasons why real estate prices and rental rates have increased so much in Rustburg over the past few years. First and foremost is the fact that the town has seen an influx of new residents and businesses. This has led to an increase in demand for housing and rental units.

Another reason why real estate prices have increased so much in Rustburg is because there are many available properties on the market. The town has seen a lot of growth over the past few years, which means that there are plenty of homes that are still available for purchase or rent.

Finally, people who live or work in Rustburg tend to be very affluent. This means that there is a high demand for luxury properties like apartments and homes on large lots.