Nokesville, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Nokesville Neighborhoods Since 2000




Nokesville, 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

Nokesville Housing Market Information

With a population of 1,504, 520 total housing units (homes and apartments), and a median house value of $498,881, 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.

Nokesville is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Nokesville 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 Nokesville. Owner-occupied housing accounts for 91.54% of Nokesville's homes, and 77.50% 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 ( 22.50%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.85%). There's also some housing in Nokesville built before 1939 ( 15.88%).

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 -1.31%, which is lower than 70% 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 2.18%, 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 -0.17%, which equates to an annual appreciation rate of -0.70%.

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

Average Home Values

 

Median Home Value:
$498,881

Nokesville, VA HOME PRICES

Value Range
> $1,133,000 2.1
$849,001 - $1,133,000 11.4
$566,001 - $849,000 22.9
$453,001 - $566,000 19.6
$340,001 - $453,000 21.3
$226,001 - $340,000 15.4
$113,001 - $226,000 3.1
$57,001 - $113,000 0.6
$0 - $57,000 3.6

Very High for VA
Very High for Nation

Value Relative to Nation Value Relative to State
5.9826555724833 5.26315789473684

Number Of Homes And Apartments:
520

Nokesville 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
78.66% 3.42% 9 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,426 / per month

Homeownership Rate

Homeownership
Owners 91.54
Renters 8.46
Vacant 1.70

Housing Market Details

 

Age of Homes

AGE OF Nokesville HOMES
2000 or Newer 19.8
1970 - 1999 41.8
1940 - 1969 22.5
1939 or Older 15.9

Types of Homes

TYPE OF Nokesville HOMES
Single-Family 96.2
Townhomes 2.1
Small Apt. Buildings 0.0
Apt. Complexes 1.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Nokesville HOMES
No Bedroom 0.00
1 Bedroom 1.70
2 Bedrooms 4.35
3 Bedrooms 37.62
4 Bedrooms 39.89
5 or more bedrooms 16.45

Popular Neighborhoods in Nokesville

Zip Codes in Nokesville, VA