The housing market in Dunn Loring, VA is significantly more expensive than the US average, with a median value of $1,104,300 compared to an average of $338,100 across the country. Despite this disparity in prices, there has only been a 4.36% increase in the value of houses in Dunn Loring over the past year, which is much lower than the national appreciation rate of 8.27%. This suggests that while house prices may be high for Dunn Loring residents now, they are unlikely to rise too drastically in the near future.
The median home cost in Dunn Loring is $1,104,300. Home appreciation the last 10 years has been 61.2%. Home Appreciation in Dunn Loring is up 10.7%.
Average Age of Homes
- The median age of Dunn Loring real estate is 41 years old
The Rental Market in Dunn Loring
- Renters make up 11.4% of the Dunn Loring population
- 0.4% of houses and apartments in Dunn Loring, 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.