Stone Ridge, VA Real Estate Market

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Stone Ridge, VA Housing Market Trends

With a population of 15,039, 4,491 total housing units (homes and apartments), and a median house value of $605,909, Stone Ridge house prices are not only among the most expensive in Virginia, Stone Ridge 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 Stone Ridge, accounting for 49.99% of the town's housing units. Other types of housing that are prevalent in Stone Ridge include single-family detached homes ( 36.71%), large apartment complexes or high rise apartments ( 8.63%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.33%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

Owner-occupied, three and four bedroom dwellings, primarily in row houses and other attached homes are the most prevalent type of housing you will see in Stone Ridge. Owner-occupied housing accounts for 86.77% of Stone Ridge's homes, and 78.49% have either three or four bedrooms, which is average sized relative to America.

Stone Ridge homes and real estate are some of the newest in America. 94.85% of Stone Ridge's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Stone Ridge real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 4.31%), and before 1939 ( 0.84%).

Stone Ridge Home Appreciation Rates

Real estate appreciation rates in Stone Ridge's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 4.46% during the period.

Over the last year, Stone Ridge appreciation rates have trailed the rest of the nation. In the last twelve months, Stone Ridge's appreciation rate has been 15.45%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Stone Ridge were at 5.33%, which equates to an annual appreciation rate of 23.11%.

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

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

Average Home Values

 

Median Home Value:
$605,909

Stone Ridge, VA HOME PRICES

> $1,284,000
$963,001 - $1,284,000
$642,001 - $963,000
$514,001 - $642,000
$385,001 - $514,000
$257,001 - $385,000
$128,001 - $257,000
$64,001 - $128,000
$0 - $64,000
0.4%
0.4%
7.3%
7.3%
43.5%
43.5%
21.1%
21.1%
16.4%
16.4%
8.7%
8.7%
1.9%
1.9%
0.0%
0.0%
0.6%
0.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for VA

Value Relative To Nation

Number Of Homes And Apartments:
4,491

Stone Ridge Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VA*
Compared To
America*
Latest Quarter:
2021 Q3 - 2021 Q4
Last 12 Months:
2020 Q4 - 2021 Q4
Last 2 Years:
2019 Q4 - 2021 Q4
Last 5 Years:
2016 Q4 - 2021 Q4
Last 10 Years:
2011 Q4 - 2021 Q4
Since 2000:
2000 Q1 - 2021 Q4
127.82% 3.81%
8
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,191 / per month

Homeownership Rate

Owners
Renters
Vacant
86.8%
86.8%
13.2%
13.2%
0.3%
0.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
94.9%
94.9%
4.3%
4.3%
0.0%
0.0%
0.8%
0.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
36.7%
36.7%
50.0%
50.0%
3.3%
3.3%
8.6%
8.6%
1.3%
1.3%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
0.3%
0.3%
6.0%
6.0%
48.3%
48.3%
30.2%
30.2%
15.2%
15.2%
0.0% 100.0%
% OF HOMES