Welcome to our 23089 real estate data hub, tailored for investors in Lanexa, VA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 23089 in Lanexa, VA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in NEW KENT COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Lanexa, VA real estate investing. Uncover the wealth of information available, and position yourself for success in the Lanexa property market.
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Location Overview
- Zip Code: 23089
- City: Lanexa
- State: VA
- Metro Area: Richmond, VA
- County Name: NEW KENT COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $369,950
- Average Home Price (Single Family Homes): $370,358
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: 1.5%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,250
- Average 3 Bedroom Section 8 Rental Rates: $1,650
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 24.66
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 18.68
- Number of Units Offered in Section 8 in the County: 8764
- Number of Occupied Units in Section 8 in the County: 8255
- Percentage of Section 8 Units Occupied in the County: 94.19999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 130.66
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.52%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.3%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 30.56%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.05%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 66.21%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 48.55%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 125.3%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%