Nokesville, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Nokesville, VA Real Estate Data


Nokesville Housing Market Information

With 1,504 people, 520 houses or apartments, and a median cost of homes of $499,974, 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 -1.40%, 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 2.74%, 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 0.71%, which equates to an annual appreciation rate of 2.86%.

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

Average Home Values

 

Median Home Value:
$499,974

Nokesville, VA HOME PRICES

Value Range
> $1,135,000 0.7
$851,001 - $1,135,000 11.4
$567,001 - $851,000 22.9
$454,001 - $567,000 19.6
$340,001 - $454,000 21.3
$227,001 - $340,000 15.4
$113,001 - $227,000 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
5.79514824797844 5.26315789473684

Number Of Homes And Apartments:
520

Rent & Ownership

 

Average Market Rent:
$1,382 / 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

Nokesville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VA*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
78.95% 3.43% 9 9
* 10 is highest

Popular Neighborhoods in Nokesville

Zip Codes in Nokesville, VA