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Virginia
Real Estate Appreciation & Housing Market Trends






Virginia Real Estate Market & Appreciation

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 Q4 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value

$375,821

Number Of Homes And Apartments:

3,248,528

Virginia Home Prices

> $1,276,403
$957,333 - $1,276,403
$638,261 - $957,332
$510,647 - $638,260
$382,823 - $510,646
$255,184 - $382,822
$127,527 - $255,183
$63,778 - $127,526
$0 - $63,777
3.2%
3.2%
5.4%
5.4%
13.9%
13.9%
10.7%
10.7%
15.5%
15.5%
21.1%
21.1%
20.4%
20.4%
5.9%
5.9%
4.0%
4.0%
0% 100.0%
% of Homes

Virginia Appreciation Rates

Rent & Homeownership

Average Market Rent:

$2,193 / per month

Homeownership Rate

Owners
Renters
Vacant
64.8%
64.8%
35.2%
35.2%
9.7%
9.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
22.9%
22.9%
46.8%
46.8%
23.2%
23.2%
7.2%
7.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
61.4%
61.4%
11.2%
11.2%
4.4%
4.4%
18.3%
18.3%
4.6%
4.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.7%
1.7%
8.5%
8.5%
22.8%
22.8%
38.7%
38.7%
21.1%
21.1%
7.2%
7.2%
0% 100.0%
% of Homes