Chantilly, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Chantilly Neighborhoods Since 2000




Chantilly, 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

Chantilly Housing Market Information

With 24,225 people, 7,326 houses or apartments, and a median cost of homes of $416,266, Chantilly house prices are not only among the most expensive in Virginia, Chantilly real estate also is some of the most expensive in all of America.

Chantilly is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Chantilly than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chantilly. Owner-occupied housing accounts for 80.38% of Chantilly's homes, and 69.44% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Chantilly 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 Chantilly built between 2000 and later ( 15.19%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.53%).

Chantilly Home Appreciation Rates

Chantilly's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Chantilly during the period has been just -0.87%, which is lower than 70% of US communities.

Over the last year, Chantilly appreciation rates have trailed the rest of the nation. In the last twelve months, Chantilly's appreciation rate has been 1.78%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Chantilly were at -0.17%, which equates to an annual appreciation rate of -0.70%.

Relative to Virginia, our data show that Chantilly's latest annual appreciation rate is higher than 50% 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 Chantilly differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Chantilly - 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 Chantilly real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$416,266

Chantilly, VA HOME PRICES

Value Range
> $1,108,000 0.9
$831,001 - $1,108,000 7.3
$554,001 - $831,000 34.7
$443,001 - $554,000 16.0
$333,001 - $443,000 19.4
$222,001 - $333,000 14.2
$111,001 - $222,000 3.3
$56,001 - $111,000 1.6
$0 - $56,000 2.7

Very High for VA
Very High for Nation

Value Relative to Nation Value Relative to State
8.67807336224071 11.0803324099723

Number Of Homes And Apartments:
7,326

Chantilly 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
92.31% 3.86% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,364 / per month

Homeownership Rate

Homeownership
Owners 80.38
Renters 19.62
Vacant 2.71

Housing Market Details

 

Age of Homes

AGE OF Chantilly HOMES
2000 or Newer 15.2
1970 - 1999 76.0
1940 - 1969 8.5
1939 or Older 0.3

Types of Homes

TYPE OF Chantilly HOMES
Single-Family 61.2
Townhomes 24.9
Small Apt. Buildings 0.7
Apt. Complexes 6.6
Mobile Homes 6.6
Other 0.0

Home Size

SIZE OF Chantilly HOMES
No Bedroom 0.08
1 Bedroom 1.27
2 Bedrooms 15.66
3 Bedrooms 30.80
4 Bedrooms 38.65
5 or more bedrooms 13.55