Dayton, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Dayton, VA Real Estate Data


Dayton Housing Market Information

With a population of 1,588, 729 total housing units (homes and apartments), and a median house value of $267,885, Dayton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Dayton, accounting for 74.06% of the town's housing units. Other types of housing that are prevalent in Dayton include large apartment complexes or high rise apartments ( 14.01%), duplexes, homes converted to apartments or other small apartment buildings ( 8.17%), and a few row houses and other attached homes ( 1.95%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dayton. Owner-occupied housing accounts for 65.16% of Dayton's homes, and 51.88% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Dayton's housing was primarily built during this period, from the '40s through the '60s. A full 33.59% of the town's housing hails from this era. Other housing ages represented in Dayton include homes built between 1970-1999 ( 29.31%) and housing constructed before 1939 ( 29.18%). There's also some housing in Dayton built between 2000 and later ( 7.91%).

Dayton Home Appreciation Rates

Dayton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dayton during the period has been just -0.78%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Dayton's appreciation rate, at 4.43%, has been at or slightly above the national average. In the latest quarter, Dayton's appreciation rate has been 1.00%, which annualizes to a rate of 4.08%.

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

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

Average Home Values

 

Median Home Value:
$267,885

Dayton, VA HOME PRICES

Value Range
> $1,048,000 0.2
$786,001 - $1,048,000 0.9
$524,001 - $786,000 0.9
$419,001 - $524,000 10.2
$314,001 - $419,000 18.4
$209,001 - $314,000 38.8
$104,001 - $209,000 21.9
$52,001 - $104,000 1.0
$0 - $52,000 7.8

High for VA
High for Nation

Value Relative to Nation Value Relative to State
20.5422498096855 26.8698060941828

Number Of Homes And Apartments:
729

Rent & Ownership

 

Average Market Rent:
$770 / per month

Homeownership Rate

Homeownership
Owners 65.16
Renters 34.84
Vacant 5.45

Housing Market Details

 

Age of Homes

AGE OF Dayton HOMES
2000 or Newer 7.9
1970 - 1999 29.3
1940 - 1969 33.6
1939 or Older 29.2

Types of Homes

TYPE OF Dayton HOMES
Single-Family 74.1
Townhomes 1.9
Small Apt. Buildings 8.2
Apt. Complexes 14.0
Mobile Homes 1.8
Other 0.0

Home Size

SIZE OF Dayton HOMES
No Bedroom 0.52
1 Bedroom 4.28
2 Bedrooms 36.06
3 Bedrooms 36.32
4 Bedrooms 15.56
5 or more bedrooms 7.26

Dayton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
53.03% 2.53% 5 6
* 10 is highest