Mount Crawford appreciation rates and housing market information

Mount Crawford housing market information

With 243 people, 109 houses or apartments, and a median cost of homes of $214,655, Mount Crawford real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Mount Crawford, accounting for 74.31% of the town's housing units. Other types of housing that are prevalent in Mount Crawford include large apartment complexes or high rise apartments (16.51%), row houses and other attached homes (6.42%), and a few duplexes, homes converted to apartments, or other small apartment buildings (2.75%).

The most prevalent building size and type in Mount Crawford are three and four bedroom single-family detached homes. The town has a mixture of owners and renters, with 42.20% owning, and 52.29% renting.

The housing in Mount Crawford was primarily built before 1939 (57.80%), making the housing stock in Mount Crawford some of the older overall in America, although there is a range of ages of homes in Mount Crawford. The next most important Mount Crawford housing age is 1940-1969 (19.26%), followed by 1970-1994 (18.35%). There's also some housing in Mount Crawford built between 1995 and later (4.59%).

Mount Crawford home appreciation rates

Appreciation rates for homes in Mount Crawford have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 90.97%, which ranks in the top 30% nationwide. This equates to an annual average Mount Crawford house appreciation rate of 9.09%.

Over the last year, Mount Crawford appreciation rates have trailed the rest of the nation. In the last twelve months, Mount Crawford's appreciation rate has been -0.78%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mount Crawford were at -0.58%, which equates to an annual appreciation rate of -2.32%.

Notably, Mount Crawford's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Virginia, our data show that Mount Crawford's latest annual appreciation rate is higher than 41% of the other cities and towns in Virginia.