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Vienna, WV 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 Q2 2022. 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

Vienna, WV Housing Market Trends

With 10,652 people, 4,435 houses or apartments, and a median cost of homes of $219,759, Vienna real estate is some of the most expensive in West Virginia, although Vienna home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Vienna, accounting for 81.73% of the city's housing units. Other types of housing that are prevalent in Vienna include large apartment complexes or high rise apartments ( 9.63%), duplexes, homes converted to apartments or other small apartment buildings ( 6.52%), and a few mobile homes or trailers ( 1.95%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Vienna. Owner-occupied housing accounts for 74.68% of Vienna's homes, and 61.85% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Vienna's housing was primarily built during this period, from the '40s through the '60s. A full 49.49% of the city's housing hails from this era. Other housing ages represented in Vienna include homes built between 1970-1999 ( 37.18%) and housing constructed before 1939 ( 10.19%). There's also some housing in Vienna built between 2000 and later ( 3.15%).

Vienna Home Appreciation Rates

Vienna's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Vienna during the period has been just 3.44%, which is lower than 80% of US communities.

Over the last year, Vienna appreciation rates have trailed the rest of the nation. In the last twelve months, Vienna's appreciation rate has been 4.41%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vienna were at 0.91%, which equates to an annual appreciation rate of 3.69%.

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

Relative to West Virginia, our data show that Vienna's latest annual appreciation rate is lower than 90% of the other cities and towns in West Virginia.

Average Home Values

 

Median Home Value:
$219,759

Vienna, WV HOME PRICES

> $1,175,000
$882,001 - $1,175,000
$587,001 - $882,000
$470,001 - $587,000
$353,001 - $470,000
$235,001 - $353,000
$117,001 - $235,000
$59,001 - $117,000
$0 - $59,000
0.8%
0.8%
0.2%
0.2%
2.9%
2.9%
1.6%
1.6%
7.4%
7.4%
11.6%
11.6%
44.5%
44.5%
25.4%
25.4%
5.7%
5.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Very High for WV

Value Relative To Nation

Number Of Homes And Apartments:
4,435

Vienna Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WV*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
64.34% 2.23%
3
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,146 / per month

Homeownership Rate

Owners
Renters
Vacant
74.7%
74.7%
25.3%
25.3%
8.7%
8.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
3.1%
3.1%
37.2%
37.2%
49.5%
49.5%
10.2%
10.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
81.7%
81.7%
0.2%
0.2%
6.5%
6.5%
9.6%
9.6%
2.0%
2.0%
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
1.1%
1.1%
9.0%
9.0%
23.7%
23.7%
47.6%
47.6%
14.3%
14.3%
4.3%
4.3%
0.0% 100.0%
% OF HOMES