Ruther Glen, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Ruther Glen, 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

Ruther Glen Housing Market Information

With a population of 18,486, 3,522 total housing units (homes and apartments), and a median house value of $210,761, Ruther Glen real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Ruther Glen, accounting for 85.20% of the town's housing units. Other types of housing that are prevalent in Ruther Glen include mobile homes or trailers ( 9.50%), row houses and other attached homes ( 4.10%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ruther Glen. Owner-occupied housing accounts for 82.58% of Ruther Glen's homes, and 82.11% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Ruther Glen 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 Ruther Glen built between 2000 and later ( 36.27%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.89%). There's also some housing in Ruther Glen built before 1939 ( 1.87%).

Ruther Glen Home Appreciation Rates

Homes have actually lost value in Ruther Glen over the last then years, as home values have seen a decline of 27.65% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Ruther Glen home appreciation rates at 1.35%, which equates to an annual appreciation rate of 5.51%.

Over the last year, Ruther Glen appreciation rates have trailed the rest of the nation. In the last twelve months, Ruther Glen's appreciation rate has been 0.36%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ruther Glen were at 1.35%, which equates to an annual appreciation rate of 5.51%.

Relative to Virginia, our data show that Ruther Glen's latest annual appreciation rate is lower than 60% of the other cities and towns in Virginia.

Average Home Values

 

Median Home Value:
$210,761

Ruther Glen, VA HOME PRICES

Value Range
> $1,116,000 0.3
$837,001 - $1,116,000 0.1
$558,001 - $837,000 1.4
$446,001 - $558,000 1.9
$335,001 - $446,000 9.5
$223,001 - $335,000 31.2
$112,001 - $223,000 41.9
$56,001 - $112,000 9.3
$0 - $56,000 4.2

High for VA
High for Nation

Value Relative to Nation Value Relative to State
29.7257705379116 39.8891966759003

Number Of Homes And Apartments:
3,522

Ruther Glen 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
49.71% 2.37% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,664 / per month

Homeownership Rate

Homeownership
Owners 82.58
Renters 17.42
Vacant 6.83

Housing Market Details

 

Age of Homes

AGE OF Ruther Glen HOMES
2000 or Newer 36.3
1970 - 1999 53.0
1940 - 1969 8.9
1939 or Older 1.9

Types of Homes

TYPE OF Ruther Glen HOMES
Single-Family 85.2
Townhomes 4.1
Small Apt. Buildings 0.5
Apt. Complexes 0.7
Mobile Homes 9.5
Other 0.0

Home Size

SIZE OF Ruther Glen HOMES
No Bedroom 0.21
1 Bedroom 1.12
2 Bedrooms 11.32
3 Bedrooms 63.55
4 Bedrooms 18.56
5 or more bedrooms 5.25

Popular Neighborhoods in Ruther Glen

Zip Codes in Ruther Glen, VA