Occoquan, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Occoquan Neighborhoods Since 2000




Occoquan, VA Real Estate Data


Occoquan Housing Market Information

With 1,025 people, 471 houses or apartments, and a median cost of homes of $288,703, 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 51.19% of the town's housing units. Other types of housing that are prevalent in Occoquan include large apartment complexes or high rise apartments ( 30.16%), single-family detached homes ( 14.88%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.77%). This particular housing mix is relatively uncommon and characteristic of towns that are compact and walkable, and which often have a lively downtown.

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 ( 17.46%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.48%). There's also some housing in Occoquan built before 1939 ( 8.53%).

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 -1.82%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Occoquan's appreciation rate, at 5.20%, has been at or slightly above the national average. In the latest quarter, Occoquan's appreciation rate has been 1.43%, which annualizes to a rate of 5.85%.

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

Average Home Values

 

Median Home Value:
$288,703

Occoquan, VA HOME PRICES

Value Range
> $1,201,000 0.5
$900,001 - $1,201,000 0.5
$600,001 - $900,000 3.2
$480,001 - $600,000 9.6
$360,001 - $480,000 17.9
$240,001 - $360,000 34.4
$120,001 - $240,000 25.3
$60,001 - $120,000 5.9
$0 - $60,000 2.8

High for VA
Very High for Nation

Value Relative to Nation Value Relative to State
18.0535222814312 22.7146814404432

Number Of Homes And Apartments:
471

Rent & Ownership

 

Average Market Rent:
$1,877 / per month

Homeownership Rate

Homeownership
Owners 59.66
Renters 40.34
Vacant 6.55

Housing Market Details

 

Age of Homes

AGE OF Occoquan HOMES
2000 or Newer 15.5
1970 - 1999 58.5
1940 - 1969 17.5
1939 or Older 8.5

Types of Homes

TYPE OF Occoquan HOMES
Single-Family 14.9
Townhomes 51.2
Small Apt. Buildings 3.8
Apt. Complexes 30.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Occoquan HOMES
No Bedroom 3.97
1 Bedroom 19.84
2 Bedrooms 32.34
3 Bedrooms 28.77
4 Bedrooms 12.90
5 or more bedrooms 2.18

Occoquan Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
95.58% 4.02% 10 10
* 10 is highest