Stuarts Draft, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Stuarts Draft Neighborhoods Since 2000




Stuarts Draft, 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

Stuarts Draft Housing Market Information

With 9,249 people, 3,662 houses or apartments, and a median cost of homes of $212,090, Stuarts Draft real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Stuarts Draft, accounting for 70.34% of the town's housing units. Other types of housing that are prevalent in Stuarts Draft include large apartment complexes or high rise apartments ( 11.56%), mobile homes or trailers ( 9.31%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.32%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stuarts Draft. Owner-occupied housing accounts for 68.90% of Stuarts Draft's homes, and 72.19% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Stuarts Draft 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 Stuarts Draft built between 1940-1969 ( 14.40%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.75%). There's also some housing in Stuarts Draft built before 1939 ( 2.25%).

Stuarts Draft Home Appreciation Rates

Stuarts Draft's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Stuarts Draft during the period has been just -1.48%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Stuarts Draft's appreciation rate, at 4.67%, has been at or slightly above the national average. In the latest quarter, Stuarts Draft's appreciation rate has been -1.74%, which annualizes to a rate of -6.79%.

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

Relative to Virginia, our data show that Stuarts Draft's latest annual appreciation rate is higher than 80% of the other cities and towns in Virginia.

Average Home Values

 

Median Home Value:
$212,090

Stuarts Draft, VA HOME PRICES

Value Range
> $1,058,000 0.5
$794,001 - $1,058,000 0.3
$529,001 - $794,000 0.5
$423,001 - $529,000 0.4
$317,001 - $423,000 8.9
$212,001 - $317,000 32.4
$106,001 - $212,000 39.4
$53,001 - $106,000 6.6
$0 - $53,000 11.1

High for VA
High for Nation

Value Relative to Nation Value Relative to State
29.3976327200281 39.612188365651

Number Of Homes And Apartments:
3,662

Stuarts Draft 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
41.38% 2.03% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,185 / per month

Homeownership Rate

Homeownership
Owners 68.90
Renters 31.10
Vacant 8.59

Housing Market Details

 

Age of Homes

AGE OF Stuarts Draft HOMES
2000 or Newer 13.8
1970 - 1999 69.6
1940 - 1969 14.4
1939 or Older 2.2

Types of Homes

TYPE OF Stuarts Draft HOMES
Single-Family 70.3
Townhomes 2.5
Small Apt. Buildings 6.3
Apt. Complexes 11.6
Mobile Homes 9.3
Other 0.0

Home Size

SIZE OF Stuarts Draft HOMES
No Bedroom 1.20
1 Bedroom 4.34
2 Bedrooms 22.02
3 Bedrooms 58.94
4 Bedrooms 13.26
5 or more bedrooms 0.25

Popular Neighborhoods in Stuarts Draft

Zip Codes in Stuarts Draft, VA