22973, Stanardsville, VA

The 22973 zip code of Stanardsville, VA is located in the Shenandoah Valley region of Virginia. The median home value in this zip code is $158,900 and the median home equity value is $87,600. The average home size in this zip code is 2 bedrooms and 1 bathroom. This area has a population of about 9,000 people.

There has been an increase in home values over the past few years in Stanardsville. In 2012, the median home value was $146,500 and by 2016 that had increased to $158,900. This increase can likely be attributed to a number of factors including an improving economy and low interest rates. Additionally, Stanardsville has a low unemployment rate which may also contribute to higher home values.

One potential downside to increased home values in Stanardsville could be that it could lead to increased competition for homes among buyers who are looking for affordable housing options. Additionally, if interest rates rise then homeowners who have high levels of equity in their homes may find themselves struggling to maintain their property values if they need to sell soon.