Woodburn, VA is a small town located in Fairfax County with a population of just under 1,000. The median value of housing in the area is $703,800, which is significantly higher than the overall US median house value of $338,100. Despite the high house prices in Woodburn, VA, the one year appreciation rate for houses was only 3.59%, much lower than the 8.27% appreciation rate across the US. This slower appreciation could indicate that despite its high prices, Woodburn's housing market may offer more stability and less risk to investors than other areas around the country.
The median home cost in Woodburn is $703,800. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Woodburn is up 8.6%.
Average Age of Homes
- The median age of Woodburn real estate is 47 years old
The Rental Market in Woodburn
- Renters make up 34.9% of the Woodburn population
- 4.7% of houses and apartments in Woodburn, 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.