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.
With a population of 4,690, 1,040 total housing units (homes and apartments), and a median house value of $394,467, Stafford Courthouse house prices are not only among the most expensive in Virginia, Stafford Courthouse real estate also is some of the most expensive in all of America.
Row houses and other attached homes are the single most common housing type in Stafford Courthouse, accounting for 44.17% of the town's housing units. Other types of housing that are prevalent in Stafford Courthouse include single-family detached homes ( 28.10%), large apartment complexes or high rise apartments ( 23.34%), and a few mobile homes or trailers ( 4.40%). This particular housing mix is relatively uncommon and characteristic of towns that are compact and walkable, and which often have a lively downtown.
Renters dominate Stafford Courthouse's housing market, and most live in three of four bedroom dwellings, chiefly found in row houses and other attached homes.
There is a lot of housing in Stafford Courthouse 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 Stafford Courthouse built between 2000 and later ( 45.51%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.10%).
Homes have actually lost value in Stafford Courthouse over the last then years, as home values have seen a decline of 19.76% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Stafford Courthouse home appreciation rates at -0.17%, which equates to an annual appreciation rate of -0.70%.
Over the last year, Stafford Courthouse appreciation rates have trailed the rest of the nation. In the last twelve months, Stafford Courthouse's appreciation rate has been 1.65%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Stafford Courthouse were at -0.17%, which equates to an annual appreciation rate of -0.70%.
Relative to Virginia, our data show that Stafford Courthouse's latest annual appreciation rate is higher than 50% of the other cities and towns in Virginia.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Stafford Courthouse differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Stafford Courthouse - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Stafford Courthouse real estate investment or home purchase decisions.
|$845,001 - $1,127,000||0.8|
|$563,001 - $845,000||25.3|
|$451,001 - $563,000||22.1|
|$338,001 - $451,000||18.0|
|$225,001 - $338,000||23.4|
|$113,001 - $225,000||6.2|
|$56,001 - $113,000||0.4|
|$0 - $56,000||3.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Stafford Courthouse HOMES|
|2000 or Newer||45.5|
|1970 - 1999||47.7|
|1940 - 1969||6.1|
|1939 or Older||0.7|
|TYPE OF Stafford Courthouse HOMES|
|Small Apt. Buildings||0.0|
|SIZE OF Stafford Courthouse HOMES|
|5 or more bedrooms||18.31|