22847, Quicksburg, VA

The 22847 zip code of Quicksburg, VA has a median home value of $128,000. This is higher than the national median home value of $76,500. The 22847 zip code also has a lower than average percentage of homes with mortgages at 66%. This is lower than the national mortgage rate of 69%. The 22847 zip code has a higher percentage of homes with equity at 100% or more than the national average of 63%. This indicates that homeowners in this area are more likely to have enough money saved up to cover any potential repairs or upgrades on their homes.

Quicksburg, VA is located in western Virginia and was founded in 1755. It is the county seat and largest city in Pulaski County. The population of Quicksburg was 10,827 as of the 2010 census. The economy in Quicksburg is based primarily on agriculture and manufacturing. There are several large businesses located in Quicksburg including Tyson Foods Inc., JBS USA, Inc., and American Axle & Manufacturing Holdings LLC.

Home prices in Quicksburg have increased significantly over the past few years due to strong demand from buyers and limited supply. In March 2017, Zillow reported that the average home value in Quicksburg had increased by 24% since 2016. This increase has been particularly pronounced for single-family homes which have seen an increase in median values by 43%. Despite this increase, there remains a shortage of available housing units within the 22847 zip code which may lead to further price increases if no new development projects are approved in the near future.