Atkins, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Atkins Neighborhoods Since 2000




Atkins, 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

Atkins Housing Market Information

With a population of 1,118, 437 total housing units (homes and apartments), and a median house value of $98,808, house prices in Atkins are solidly below the national average.

Mobile homes or trailers are the single most common housing type in Atkins, accounting for 49.04% of the town's housing units. Other types of housing that are prevalent in Atkins include single-family detached homes ( 45.00%), duplexes, homes converted to apartments or other small apartment buildings ( 5.00%).

Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Atkins. Owner-occupied housing accounts for 70.48% of Atkins's homes, and 50.96% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Atkins 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 Atkins built between 1940-1969 ( 30.77%). A lesser amount of the housing stock also hails from before 1939 ( 7.12%). There's also some housing in Atkins built between 2000 and later ( 1.15%).

Vacant housing appears to be an issue in Atkins. Fully 15.96% of the housing stock is classified as vacant. Left unchecked, vacant Atkins homes and apartments can be a drag on the real estate market, holding Atkins 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.

Atkins Home Appreciation Rates

Atkins's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Atkins during the period has been just -1.03%, which is lower than 70% of US communities.

Over the last year, Atkins appreciation rates have trailed the rest of the nation. In the last twelve months, Atkins's appreciation rate has been 0.94%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Atkins were at -1.60%, which equates to an annual appreciation rate of -6.23%.

Notably, Atkins's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$98,808

Atkins, VA HOME PRICES

Value Range
> $1,022,000 0.4
$766,001 - $1,022,000 0.0
$511,001 - $766,000 0.4
$409,001 - $511,000 1.7
$307,001 - $409,000 2.0
$204,001 - $307,000 11.8
$102,001 - $204,000 30.6
$51,001 - $102,000 28.1
$0 - $51,000 25.0

Very Low for VA
Low for Nation

Value Relative to Nation Value Relative to State
78.3429040196883 87.5346260387812

Number Of Homes And Apartments:
437

Atkins 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
37.79% 1.88% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$877 / per month

Homeownership Rate

Homeownership
Owners 70.48
Renters 29.52
Vacant 15.96

Housing Market Details

 

Age of Homes

AGE OF Atkins HOMES
2000 or Newer 1.2
1970 - 1999 61.0
1940 - 1969 30.8
1939 or Older 7.1

Types of Homes

TYPE OF Atkins HOMES
Single-Family 45.0
Townhomes 1.0
Small Apt. Buildings 5.0
Apt. Complexes 0.0
Mobile Homes 49.0
Other 0.0

Home Size

SIZE OF Atkins HOMES
No Bedroom 0.00
1 Bedroom 6.15
2 Bedrooms 41.92
3 Bedrooms 45.96
4 Bedrooms 5.00
5 or more bedrooms 0.96