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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Goochland, VA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Goochland, VA Housing Market Trends

With 899 people, 306 houses or apartments, and a median cost of homes of $407,911, Goochland real estate prices are well above average cost compared to national prices.

Goochland is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Goochland 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 Goochland. Owner-occupied housing accounts for 91.64% of Goochland's homes, and 63.07% have either three or four bedrooms, which is average sized relative to America.

Goochland homes and real estate are some of the newest in America. 73.86% of Goochland's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Goochland real estate market has to offer. Quite a bit of the housing here was also built between 1940-1969 ( 25.16%), and between 1970-1999 ( 0.98%).

Goochland Home Appreciation Rates

Real estate appreciation rates in Goochland's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.08% during the period.

Appreciation rates are so strong in Goochland that despite a nationwide downturn in the housing market, Goochland real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Goochland appreciation rates continue to be some of the highest in America, at 7.76%, which is higher than appreciation rates in 83.57% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Goochland. Goochland appreciation rates in the latest quarter were at 1.23%, which equates to an annual appreciation rate of 5.03%.

Relative to Virginia, our data show that Goochland's latest annual appreciation rate is higher than 80% of the other cities and towns in Virginia.

Average Home Values

Median Home Value

$407,911

Goochland, VA Home Prices
> $1,326,000
$995,001 - $1,326,000
$663,001 - $995,000
$531,001 - $663,000
$398,001 - $531,000
$265,001 - $398,000
$133,001 - $265,000
$66,001 - $133,000
$0 - $66,000
2.4%
2.4%
0.0%
0.0%
17.2%
17.2%
16.5%
16.5%
16.8%
16.8%
33.3%
33.3%
10.3%
10.3%
1.0%
1.0%
2.6%
2.6%
0% 100.0%
% of Homes
High

for Virginia

High

for nation

Number of Homes And Apartments:

306

Goochland Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,848 / per month

Homeownership Rate

Owners
Renters
91.6%
91.6%
8.4%
8.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
0.0%
0.0%
100.0%
100.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
73.9%
73.9%
1.0%
1.0%
25.2%
25.2%
0.0%
0.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
90.2%
90.2%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
9.8%
9.8%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
0.0%
0.0%
9.8%
9.8%
35.0%
35.0%
28.1%
28.1%
27.1%
27.1%
0% 100.0%
% of Homes