Occoquan, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Occoquan Neighborhoods Since 2000




Occoquan, 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

Occoquan Housing Market Information

With 1,025 people, 487 houses or apartments, and a median cost of homes of $262,152, Occoquan real estate prices are well above average cost compared to national prices.

Row houses and other attached homes are the single most common housing type in Occoquan, accounting for 49.90% of the town's housing units. Other types of housing that are prevalent in Occoquan include large apartment complexes or high rise apartments ( 31.41%), single-family detached homes ( 13.87%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.82%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

People in Occoquan primarily live in small (one, two or no bedroom) row houses and other attached homes. Occoquan has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Occoquan 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 Occoquan built between 1940-1969 ( 18.69%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.30%). There's also some housing in Occoquan built before 1939 ( 6.74%).

Occoquan Home Appreciation Rates

Occoquan's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Occoquan during the period has been just -1.95%, which is lower than 80% of US communities.

Over the last year, Occoquan appreciation rates have trailed the rest of the nation. In the last twelve months, Occoquan's appreciation rate has been 0.08%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Occoquan were at -0.17%, which equates to an annual appreciation rate of -0.70%.

Relative to Virginia, our data show that Occoquan's latest annual appreciation rate is lower than 70% of the other cities and towns in Virginia.

Average Home Values

 

Median Home Value:
$262,152

Occoquan, VA HOME PRICES

Value Range
> $1,100,000 0.2
$825,001 - $1,100,000 0.7
$550,001 - $825,000 5.2
$440,001 - $550,000 9.4
$330,001 - $440,000 19.7
$220,001 - $330,000 34.3
$110,001 - $220,000 21.2
$55,001 - $110,000 5.0
$0 - $55,000 4.3

High for VA
High for Nation

Value Relative to Nation Value Relative to State
20.7429977733505 24.9307479224377

Number Of Homes And Apartments:
487

Occoquan 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
86.09% 3.67% 10 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,815 / per month

Homeownership Rate

Homeownership
Owners 54.62
Renters 45.38
Vacant 6.17

Housing Market Details

 

Age of Homes

AGE OF Occoquan HOMES
2000 or Newer 18.3
1970 - 1999 56.3
1940 - 1969 18.7
1939 or Older 6.7

Types of Homes

TYPE OF Occoquan HOMES
Single-Family 13.9
Townhomes 49.9
Small Apt. Buildings 4.8
Apt. Complexes 31.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Occoquan HOMES
No Bedroom 6.36
1 Bedroom 17.92
2 Bedrooms 35.84
3 Bedrooms 23.89
4 Bedrooms 14.07
5 or more bedrooms 1.93