23899, Claremont, VA

The 23899 zip code of Claremont, VA has a median home value of $236,000 and a median home equity value of $130,000. These values are higher than the statewide median home value of $181,600 and the statewide median home equity value of $119,200. The 23899 zip code also has a higher than average percentage of homes with mortgages at 84%. This is higher than the statewide mortgage rate of 72%.

There are many factors that contribute to the high values in the 23899 zip code. Claremont is located in Northern Virginia and has a high population density. This means that there are many homes for sale and buyers have an abundance of choices when it comes to purchasing a home. Additionally, Claremont is close to major cities such as Washington D.C., Alexandria, and Arlington which increases demand for housing. Finally, Claremont has experienced strong economic growth over the past few years which has led to an increase in home prices.