The housing market in Vienna, VA is substantially higher than the US median value, with a median home price of $941,100. Despite this difference, Vienna homes have appreciated more slowly than the national average over the last year, growing at just 4.61%. Those looking for an investment opportunity should be aware that while Vienna has a higher cost of living and entry point into the real estate market, it may not offer the same level of appreciation seen elsewhere in the country.
The median home cost in Vienna is $941,100. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Vienna is up 11.4%.
Average Age of Homes
- The median age of Vienna real estate is 51 years old
The Rental Market in Vienna
- Renters make up 19.8% of the Vienna population
- 0.9% of houses and apartments in Vienna, 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.