20115, Marshall, VA

The Marshall, VA zip code of 20115 has a median home value of $181,000 and a median home equity value of $112,000. This is significantly higher than the national median home value of $177,500 and the national median home equity value of $100,000. The Marshall zip code is also more expensive than the statewide median home value of Virginia of $157,800 and the statewide median home equity value of Virginia of $101,200.

There are several factors that contribute to the high prices in the Marshall zip code. First, Marshall is located in one of the most affluent areas in Virginia. Second, there is a large number of luxury homes and apartments available for sale in this area. Third, there has been an increase in demand for housing in this area over the past few years due to increasing wages and employment opportunities. Fourth, there has been an increase in investment activity related to the growth in technology companies located in this area. Fifth, there have been limited increases in housing stock available for purchase over the past few years which has driven up prices even further. Sixth, there are very few vacant homes available for sale or rent which has further increased prices within this zip code.

Despite these high prices however, it is important to keep in mind that not all homes within the Marshall zip code are worth more than their counterparts elsewhere in Virginia or across the United States. In fact, there are a significant number of homes within this zip code that are priced below average relative to other areas within Virginia or across America. Additionally, while it may be difficult to purchase a home within this zip code at current prices levels., if you are able to find a property that meets your needs and budget then it may be worth considering purchasing a home here."