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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Ruther Glen, VA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Ruther Glen, VA Housing Market Trends

With 20,396 people, 6,974 houses or apartments, and a median cost of homes of $347,451, Ruther Glen real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Ruther Glen, accounting for 87.54% of the town's housing units. Other types of housing that are prevalent in Ruther Glen include mobile homes or trailers ( 5.78%), row houses and other attached homes ( 5.64%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ruther Glen. Owner-occupied housing accounts for 85.36% of Ruther Glen's homes, and 77.12% have either three or four bedrooms, which is average sized relative to America.

Ruther Glen homes and real estate are some of the newest in America. 43.61% of Ruther Glen's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Ruther Glen real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 42.90%), and between 1940-1969 ( 11.88%). There's also some housing in Ruther Glen built before 1939 ( 1.62%).

Ruther Glen Home Appreciation Rates

Appreciation rates for homes in Ruther Glen have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 92.10%, which ranks in the top 40% nationwide. This equates to an annual average Ruther Glen house appreciation rate of 6.75%.

Appreciation rates are so strong in Ruther Glen that despite a nationwide downturn in the housing market, Ruther Glen real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ruther Glen appreciation rates continue to be some of the highest in America, at 7.71%, which is higher than appreciation rates in 81.22% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ruther Glen. Ruther Glen appreciation rates in the latest quarter were at 2.42%, which equates to an annual appreciation rate of 10.04%.

Importantly, this makes Ruther Glen one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Virginia, our data show that Ruther Glen's latest annual appreciation rate is higher than 60% of the other cities and towns in Virginia.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Ruther Glen differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ruther Glen - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Ruther Glen real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$347,451

Ruther Glen, VA Home Prices
> $1,310,000
$982,001 - $1,310,000
$655,001 - $982,000
$524,001 - $655,000
$393,001 - $524,000
$262,001 - $393,000
$131,001 - $262,000
$65,001 - $131,000
$0 - $65,000
0.1%
0.1%
0.5%
0.5%
6.2%
6.2%
4.0%
4.0%
23.5%
23.5%
36.5%
36.5%
22.1%
22.1%
3.5%
3.5%
3.6%
3.6%
0% 100.0%
% of Homes
Average

for Virginia

High

for nation

Number of Homes And Apartments:

6,974

Ruther Glen Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,277 / per month

Homeownership Rate

Owners
Renters
85.4%
85.4%
14.6%
14.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.8%
8.8%
91.2%
91.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
43.6%
43.6%
42.9%
42.9%
11.9%
11.9%
1.6%
1.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
87.5%
87.5%
5.6%
5.6%
0.0%
0.0%
0.7%
0.7%
5.8%
5.8%
0.3%
0.3%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.5%
0.5%
1.8%
1.8%
17.5%
17.5%
54.6%
54.6%
22.5%
22.5%
3.2%
3.2%
0% 100.0%
% of Homes