Annandale, VA is known for its high housing values. The median housing value in Annandale is $639,800 which is almost double the US House Median Value of $338,100. While the US has seen a 1 year house appreciation rate of 8.27%, Annandale's has only been 3.61%. Despite the lower appreciation rate, Annandale remains a desirable place to live due to its affluent reputation and close proximity to Washington DC.
The median home cost in Annandale is $639,800. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Annandale is up 8.6%.
Average Age of Homes
- The median age of Annandale real estate is 49 years old
The Rental Market in Annandale
- Renters make up 39.5% of the Annandale population
- 1.1% of houses and apartments in Annandale, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.