Poquoson, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Poquoson Neighborhoods Since 2000




Poquoson, 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

Poquoson Housing Market Information

With a population of 12,059, 4,642 total housing units (homes and apartments), and a median house value of $287,635, Poquoson real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Poquoson, accounting for 87.50% of the city's housing units. Other types of housing that are prevalent in Poquoson include large apartment complexes or high rise apartments ( 5.30%), row houses and other attached homes ( 3.89%), and a few mobile homes or trailers ( 1.52%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Poquoson. Owner-occupied housing accounts for 81.75% of Poquoson's homes, and 75.35% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Poquoson 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 Poquoson built between 1940-1969 ( 24.18%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.91%). There's also some housing in Poquoson built before 1939 ( 6.78%).

Poquoson Home Appreciation Rates

Poquoson's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Poquoson during the period has been just -1.36%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Poquoson's appreciation rate, at 3.80%, has been at or slightly above the national average. In the latest quarter, Poquoson's appreciation rate has been -0.63%, which annualizes to a rate of -2.48%.

Notably, Poquoson's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$287,635

Poquoson, VA HOME PRICES

Value Range
> $1,036,000 0.1
$777,001 - $1,036,000 3.0
$518,001 - $777,000 8.8
$414,001 - $518,000 14.8
$311,001 - $414,000 23.9
$207,001 - $311,000 29.2
$103,001 - $207,000 14.8
$52,001 - $103,000 0.9
$0 - $52,000 4.4

High for VA
Very High for Nation

Value Relative to Nation Value Relative to State
17.6081096917848 21.3296398891967

Number Of Homes And Apartments:
4,642

Poquoson 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
66.62% 3.00% 8 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,393 / per month

Homeownership Rate

Homeownership
Owners 81.75
Renters 18.25
Vacant 2.29

Housing Market Details

 

Age of Homes

AGE OF Poquoson HOMES
2000 or Newer 11.9
1970 - 1999 57.1
1940 - 1969 24.2
1939 or Older 6.8

Types of Homes

TYPE OF Poquoson HOMES
Single-Family 87.5
Townhomes 3.9
Small Apt. Buildings 1.5
Apt. Complexes 5.3
Mobile Homes 1.5
Other 0.3

Home Size

SIZE OF Poquoson HOMES
No Bedroom 1.81
1 Bedroom 3.12
2 Bedrooms 12.38
3 Bedrooms 44.12
4 Bedrooms 31.24
5 or more bedrooms 7.35

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Zip Codes in Poquoson, VA