The city of Staunton, VA is an attractive place to live for many reasons. One of the most notable aspects of Staunton is its housing market. The median value of a house in Staunton is around $260,600, which compares favorably to the US House Median Value of $338,100. That's not all; the 1 year appreciation rate of houses in Staunton is an impressive 12.12%, much higher than the US rate of 8.27%. This combination makes Staunton an attractive place to buy a home and surely contributes to its growing population.
The median home cost in Staunton is $260,600. Home appreciation the last 10 years has been 54.3%. Home Appreciation in Staunton is up 14.6%.
Average Age of Homes
- The median age of Staunton real estate is 52 years old
The Rental Market in Staunton
- Renters make up 37.7% of the Staunton population
- 2.3% of houses and apartments in Staunton, 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.