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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.



Nokesville, 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

Nokesville, VA Housing Market Trends

With a population of 1,619, 607 total housing units (homes and apartments), and a median house value of $832,814, Nokesville house prices are not only among the most expensive in Virginia, Nokesville real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Nokesville, accounting for 90.62% of the town's housing units. Other types of housing that are prevalent in Nokesville include duplexes, homes converted to apartments or other small apartment buildings ( 9.38%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Nokesville. Owner-occupied housing accounts for 75.29% of Nokesville's homes, and 71.28% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Nokesville 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 Nokesville built between 1940-1969 ( 25.40%). A lesser amount of the housing stock also hails from before 1939 ( 24.39%). There's also some housing in Nokesville built between 2000 and later ( 7.94%).

Vacant housing appears to be an issue in Nokesville. Fully 12.41% of the housing stock is classified as vacant. Left unchecked, vacant Nokesville homes and apartments can be a drag on the real estate market, holding Nokesville 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.

Nokesville Home Appreciation Rates

Nokesville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Nokesville during the period has been just 4.76%, which is lower than 80% of US communities.

Over the last year, Nokesville appreciation rates have trailed the rest of the nation. In the last twelve months, Nokesville's appreciation rate has been 4.68%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Nokesville were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

Median Home Value

$832,814

Nokesville, VA Home Prices
> $1,265,000
$948,001 - $1,265,000
$632,001 - $948,000
$506,001 - $632,000
$379,001 - $506,000
$253,001 - $379,000
$126,001 - $253,000
$63,001 - $126,000
$0 - $63,000
10.5%
10.5%
16.9%
16.9%
51.1%
51.1%
14.7%
14.7%
4.3%
4.3%
1.6%
1.6%
0.2%
0.2%
0.0%
0.0%
0.8%
0.8%
0% 100.0%
% of Homes
Very High

for Virginia

Very High

for nation

Number of Homes And Apartments:

607

Nokesville Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,213 / per month

Homeownership Rate

Owners
Renters
75.3%
75.3%
24.7%
24.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
12.4%
12.4%
87.6%
87.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.9%
7.9%
42.3%
42.3%
25.4%
25.4%
24.4%
24.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
90.6%
90.6%
0.0%
0.0%
9.4%
9.4%
0.0%
0.0%
0.0%
0.0%
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%
11.1%
11.1%
9.5%
9.5%
40.8%
40.8%
30.4%
30.4%
8.1%
8.1%
0% 100.0%
% of Homes