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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 1,113, 254 total housing units (homes and apartments), and a median house value of $189,326, Amelia Court House real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Amelia Court House, accounting for 67.01% of the town's housing units. Other types of housing that are prevalent in Amelia Court House include mobile homes or trailers ( 14.07%), large apartment complexes or high rise apartments ( 13.81%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.12%).
Renters dominate Amelia Court House's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Amelia Court House's housing was primarily built during this period, from the '40s through the '60s. A full 34.53% of the town's housing hails from this era. Other housing ages represented in Amelia Court House include homes built between 1970-1999 ( 32.48%) and housing constructed before 1939 ( 18.93%). There's also some housing in Amelia Court House built between 2000 and later ( 14.07%).
Vacant housing appears to be an issue in Amelia Court House. Fully 35.04% of the housing stock is classified as vacant. Left unchecked, vacant Amelia Court House homes and apartments can be a drag on the real estate market, holding Amelia Court House real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Amelia Court House's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Amelia Court House during the period has been just -1.52%, which is lower than 80% of US communities.
Over the last year, Amelia Court House appreciation rates have trailed the rest of the nation. In the last twelve months, Amelia Court House's appreciation rate has been 0.17%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Amelia Court House were at 1.35%, which equates to an annual appreciation rate of 5.51%.
Relative to Virginia, our data show that Amelia Court House's latest annual appreciation rate is lower than 70% of the other cities and towns in Virginia.
|$786,001 - $1,047,000||0.0|
|$524,001 - $786,000||3.3|
|$419,001 - $524,000||7.0|
|$314,001 - $419,000||9.2|
|$210,001 - $314,000||22.2|
|$105,001 - $210,000||41.2|
|$52,001 - $105,000||7.8|
|$0 - $52,000||8.7|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Amelia Court House HOMES|
|2000 or Newer||14.1|
|1970 - 1999||32.5|
|1940 - 1969||34.5|
|1939 or Older||18.9|
|TYPE OF Amelia Court House HOMES|
|Small Apt. Buildings||5.1|
|SIZE OF Amelia Court House HOMES|
|5 or more bedrooms||5.37|