Capron, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Capron, VA Real Estate Data


Capron Housing Market Information

With 157 people, 42 houses or apartments, and a median cost of homes of $138,143, house prices in Capron are solidly below the national average.

Single-family detached homes are the single most common housing type in Capron, accounting for 98.25% of the town's housing units. Other types of housing that are prevalent in Capron include mobile homes or trailers ( 1.75%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Capron. Owner-occupied housing accounts for 80.95% of Capron's homes, and 64.91% have either three or four bedrooms, which is average sized relative to America.

The housing in Capron was primarily built before 1939 ( 47.37%), making the housing stock in Capron some of the oldest overall in America, although there is a range of ages of homes in Capron. The next most important housing age is between 1940-1969 ( 31.58%), followed by between 1970-1999 ( 21.05%).

Vacant housing appears to be an issue in Capron. Fully 26.32% of the housing stock is classified as vacant. Left unchecked, vacant Capron homes and apartments can be a drag on the real estate market, holding Capron 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.

Capron Home Appreciation Rates

Capron's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Capron during the period has been just -1.00%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Capron's appreciation rate, at 3.92%, has been at or slightly above the national average. In the latest quarter, Capron's appreciation rate has been 1.98%, which annualizes to a rate of 8.14%.

Importantly, this makes Capron one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$138,143

Capron, VA HOME PRICES

Value Range
> $1,052,000 0.0
$789,001 - $1,052,000 0.0
$526,001 - $789,000 0.0
$421,001 - $526,000 0.0
$316,001 - $421,000 7.2
$210,001 - $316,000 22.4
$105,001 - $210,000 31.8
$53,001 - $105,000 19.8
$0 - $53,000 18.8

Low for VA
Average for Nation

Value Relative to Nation Value Relative to State
55.4142739950779 69.5290858725762

Number Of Homes And Apartments:
42

Rent & Ownership

 

Average Market Rent:
$1,115 / per month

Homeownership Rate

Homeownership
Owners 80.95
Renters 19.05
Vacant 26.32

Housing Market Details

 

Age of Homes

AGE OF Capron HOMES
2000 or Newer 0.0
1970 - 1999 21.1
1940 - 1969 31.6
1939 or Older 47.4

Types of Homes

TYPE OF Capron HOMES
Single-Family 98.2
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 1.8
Other 0.0

Home Size

SIZE OF Capron HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 29.82
3 Bedrooms 31.58
4 Bedrooms 33.33
5 or more bedrooms 5.26

Capron Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VA*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
67.44% 3.03% 8 8
* 10 is highest

Popular Neighborhoods in Capron

Zip Codes in Capron, VA