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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.



Appomattox, 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

Appomattox, VA Housing Market Trends

With a population of 1,981, 829 total housing units (homes and apartments), and a median house value of $177,036, house prices in Appomattox are solidly below the national average.

Single-family detached homes are the single most common housing type in Appomattox, accounting for 74.03% of the town's housing units. Other types of housing that are prevalent in Appomattox include large apartment complexes or high rise apartments ( 12.76%), mobile homes or trailers ( 8.66%), and a few row houses and other attached homes ( 3.42%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Appomattox. Owner-occupied housing accounts for 66.31% of Appomattox's homes, and 67.65% have either three or four bedrooms, which is average sized relative to America.

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. Appomattox's housing was primarily built during this period, from the '40s through the '60s. A full 40.21% of the town's housing hails from this era. Other housing ages represented in Appomattox include homes built between 1970-1999 ( 35.76%) and housing constructed between 2000 and later ( 12.64%). There's also some housing in Appomattox built before 1939 ( 11.39%).

Appomattox Home Appreciation Rates

Appomattox's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Appomattox during the period has been just 4.85%, which is lower than 70% of US communities.

Appreciation rates are so strong in Appomattox that despite a nationwide downturn in the housing market, Appomattox real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Appomattox appreciation rates continue to be some of the highest in America, at 8.38%, which is higher than appreciation rates in 88.55% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Appomattox. Appomattox appreciation rates in the latest quarter were at -0.20%, which equates to an annual appreciation rate of -0.78%.

Relative to Virginia, our data show that Appomattox's latest annual appreciation rate is higher than 90% of the other cities and towns in Virginia.

Average Home Values

Median Home Value

$177,036

Appomattox, VA Home Prices
> $1,195,000
$897,001 - $1,195,000
$598,001 - $897,000
$479,001 - $598,000
$358,001 - $479,000
$239,001 - $358,000
$120,001 - $239,000
$60,001 - $120,000
$0 - $60,000
0.0%
0.0%
0.0%
0.0%
2.5%
2.5%
2.0%
2.0%
5.2%
5.2%
27.6%
27.6%
51.1%
51.1%
5.9%
5.9%
5.7%
5.7%
0% 100.0%
% of Homes
Very Low

for Virginia

Low

for nation

Number of Homes And Apartments:

829

Appomattox Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,532 / per month

Homeownership Rate

Owners
Renters
66.3%
66.3%
33.7%
33.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.6%
5.6%
94.4%
94.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
12.6%
12.6%
35.8%
35.8%
40.2%
40.2%
11.4%
11.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
74.0%
74.0%
3.4%
3.4%
0.6%
0.6%
12.8%
12.8%
8.7%
8.7%
0.6%
0.6%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.9%
0.9%
5.1%
5.1%
23.0%
23.0%
56.2%
56.2%
11.5%
11.5%
3.3%
3.3%
0% 100.0%
% of Homes

Popular Neighborhoods in Appomattox

Popular Communities Near Appomattox, VA

Zip Codes in Appomattox, VA