The housing market in Manassas Park, VA is thriving. The median value of homes is $401,500, which is higher than the US house median value of $338,100. In the last year, the US house appreciation rate was 8.27%, and the Manassas Park housing appreciation rate was 7.46%. This suggests that Manassas Park's housing market has remained stable even as other areas have seen significant increases in home values. As such, Manassas Park remains an attractive option for those looking to purchase a home or invest in real estate.
The median home cost in Manassas Park is $401,500. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Manassas Park is up 8.1%.
Average Age of Homes
- The median age of Manassas Park real estate is 25 years old
The Rental Market in Manassas Park
- Renters make up 33.4% of the Manassas Park population
- 1.2% of houses and apartments in Manassas Park, 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.