Appomattox, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Appomattox, VA Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Appomattox Housing Market Information

With 1,759 people, 905 houses or apartments, and a median cost of homes of $167,739, Appomattox real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Appomattox, accounting for 68.16% of the town's housing units. Other types of housing that are prevalent in Appomattox include large apartment complexes or high rise apartments ( 15.82%), mobile homes or trailers ( 12.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.09%).

The most prevalent building size and type in Appomattox are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 57.38% owning and 42.62% renting.

There is a lot of housing in Appomattox built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Appomattox built between 1940-1969 ( 35.92%). A lesser amount of the housing stock also hails from before 1939 ( 13.93%). There's also some housing in Appomattox built between 2000 and later ( 13.63%).

Appomattox Home Appreciation Rates

Appreciation rates for homes in Appomattox have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.49%, which ranks in the top 40% nationwide. This equates to an annual average Appomattox house appreciation rate of 0.44%.

Over the last year, Appomattox appreciation rates have trailed the rest of the nation. In the last twelve months, Appomattox's appreciation rate has been 2.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Appomattox were at 0.50%, which equates to an annual appreciation rate of 2.02%.

Relative to Virginia, our data show that Appomattox's latest annual appreciation rate is higher than 50% of the other cities and towns in Virginia.

Average Home Values

 

Median Home Value:
$167,739

Appomattox, VA HOME PRICES

Value Range
> $1,047,000 0.0
$785,001 - $1,047,000 0.0
$524,001 - $785,000 1.6
$419,001 - $524,000 1.5
$314,001 - $419,000 8.4
$209,001 - $314,000 18.3
$105,001 - $209,000 39.4
$53,001 - $105,000 21.6
$0 - $53,000 9.2

Average for VA
Average for Nation

Value Relative to Nation Value Relative to State
42.5172858314778 58.4487534626039

Number Of Homes And Apartments:
905

Appomattox Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VA*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
49.28% 2.35% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$880 / per month

Homeownership Rate

Homeownership
Owners 57.38
Renters 42.62
Vacant 9.95

Housing Market Details

 

Age of Homes

AGE OF Appomattox HOMES
2000 or Newer 13.6
1970 - 1999 36.5
1940 - 1969 35.9
1939 or Older 13.9

Types of Homes

TYPE OF Appomattox HOMES
Single-Family 68.2
Townhomes 1.0
Small Apt. Buildings 2.1
Apt. Complexes 15.8
Mobile Homes 12.9
Other 0.0

Home Size

SIZE OF Appomattox HOMES
No Bedroom 0.50
1 Bedroom 8.16
2 Bedrooms 35.02
3 Bedrooms 43.28
4 Bedrooms 8.86
5 or more bedrooms 4.18

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Zip Codes in Appomattox, VA