Dumfries, VA is an area with a higher median housing value than the US average. The median housing value in Dumfries is $525,500 compared to the national average of $338,100. Although house appreciation has been positive and consistent throughout the US this past year at 8.27%, it hasn't been as high in Dumfries with only a 3.73% increase in value. Despite this, Dumfries still remains one of the more desirable places to live in Virginia with its high median housing values.
The median home cost in Dumfries is $525,500. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Dumfries is up 9.0%.
Average Age of Homes
- The median age of Dumfries real estate is 37 years old
The Rental Market in Dumfries
- Renters make up 37.6% of the Dumfries population
- 3.4% of houses and apartments in Dumfries, 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.