Ashburn, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Ashburn Neighborhoods Since 2000




Ashburn, 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

Ashburn Housing Market Information

With 50,598 people, 16,377 houses or apartments, and a median cost of homes of $491,144, Ashburn house prices are not only among the most expensive in Virginia, Ashburn real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Ashburn, accounting for 41.33% of the town's housing units. Other types of housing that are prevalent in Ashburn include row houses and other attached homes ( 34.20%), large apartment complexes or high rise apartments ( 22.82%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.29%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ashburn. Owner-occupied housing accounts for 72.03% of Ashburn's homes, and 59.10% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Ashburn 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 Ashburn built between 2000 and later ( 39.31%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.12%).

Ashburn Home Appreciation Rates

Ashburn's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Ashburn during the period has been just -0.96%, which is lower than 70% of US communities.

Over the last year, Ashburn appreciation rates have trailed the rest of the nation. In the last twelve months, Ashburn's appreciation rate has been -0.62%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ashburn were at -0.17%, which equates to an annual appreciation rate of -0.70%.

Relative to Virginia, our data show that Ashburn's latest annual appreciation rate is lower than 80% 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 Ashburn differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ashburn - 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 Ashburn real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$491,144

Ashburn, VA HOME PRICES

Value Range
> $1,064,000 0.8
$798,001 - $1,064,000 3.4
$532,001 - $798,000 36.0
$425,001 - $532,000 18.2
$319,001 - $425,000 24.1
$213,001 - $319,000 9.6
$106,001 - $213,000 5.0
$53,001 - $106,000 0.8
$0 - $53,000 2.1

Very High for VA
Very High for Nation

Value Relative to Nation Value Relative to State
6.16430329309739 5.54016620498615

Number Of Homes And Apartments:
16,377

Ashburn 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
75.07% 3.30% 9 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,245 / per month

Homeownership Rate

Homeownership
Owners 72.03
Renters 27.97
Vacant 2.89

Housing Market Details

 

Age of Homes

AGE OF Ashburn HOMES
2000 or Newer 39.3
1970 - 1999 58.0
1940 - 1969 2.1
1939 or Older 0.6

Types of Homes

TYPE OF Ashburn HOMES
Single-Family 41.3
Townhomes 34.2
Small Apt. Buildings 1.3
Apt. Complexes 22.8
Mobile Homes 0.1
Other 0.2

Home Size

SIZE OF Ashburn HOMES
No Bedroom 0.17
1 Bedroom 5.92
2 Bedrooms 23.58
3 Bedrooms 31.73
4 Bedrooms 27.37
5 or more bedrooms 11.23