Vinton, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Vinton Neighborhoods Since 2000




Vinton, 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

Vinton Housing Market Information

With a population of 8,231, 3,309 total housing units (homes and apartments), and a median house value of $151,687, Vinton real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Vinton, accounting for 63.96% of the town's housing units. Other types of housing that are prevalent in Vinton include large apartment complexes or high rise apartments ( 19.78%), duplexes, homes converted to apartments or other small apartment buildings ( 10.02%), and a few row houses and other attached homes ( 5.22%).

The most prevalent building size and type in Vinton are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 55.70% owning and 44.30% renting.

There is a lot of housing in Vinton 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 Vinton built between 1940-1969 ( 36.53%). A lesser amount of the housing stock also hails from before 1939 ( 12.00%). There's also some housing in Vinton built between 2000 and later ( 7.51%).

Vinton Home Appreciation Rates

Real estate appreciation rates in Vinton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.31% during the period.

NeighborhoodScout's data show that during the latest twelve months, Vinton's appreciation rate, at 5.41%, has been at or slightly above the national average. In the latest quarter, Vinton's appreciation rate has been 0.07%, which annualizes to a rate of 0.28%.

Relative to Virginia, our data show that Vinton's latest annual appreciation rate is higher than 80% 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 Vinton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Vinton - 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 Vinton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$151,687

Vinton, VA HOME PRICES

Value Range
> $1,059,000 0.0
$794,001 - $1,059,000 0.0
$529,001 - $794,000 2.1
$424,001 - $529,000 1.5
$318,001 - $424,000 1.1
$212,001 - $318,000 14.3
$106,001 - $212,000 60.6
$53,001 - $106,000 16.6
$0 - $53,000 3.9

Low for VA
Average for Nation

Value Relative to Nation Value Relative to State
49.2616899097621 63.7119113573407

Number Of Homes And Apartments:
3,309

Vinton 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
38.77% 1.92% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$889 / per month

Homeownership Rate

Homeownership
Owners 55.70
Renters 44.30
Vacant 8.69

Housing Market Details

 

Age of Homes

AGE OF Vinton HOMES
2000 or Newer 7.5
1970 - 1999 44.0
1940 - 1969 36.5
1939 or Older 12.0

Types of Homes

TYPE OF Vinton HOMES
Single-Family 64.0
Townhomes 5.2
Small Apt. Buildings 10.0
Apt. Complexes 19.8
Mobile Homes 0.4
Other 0.6

Home Size

SIZE OF Vinton HOMES
No Bedroom 2.43
1 Bedroom 9.22
2 Bedrooms 33.66
3 Bedrooms 40.89
4 Bedrooms 12.17
5 or more bedrooms 1.63