Manassas, VA is a great place to live for those looking to invest in real estate. The median value of housing in Manassas is $491,500 which is significantly higher than the US House median value of $338,100. The one year house appreciation for Manassas is 7.46%, slightly lower than the US 1 year house appreciation of 8.27%. This means that the value of homes in Manassas are still rising and it's a good opportunity to invest in real estate while prices are still relatively low.
The median home cost in Manassas is $491,500. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Manassas is up 8.1%.
Average Age of Homes
- The median age of Manassas real estate is 33 years old
The Rental Market in Manassas
- Renters make up 32.8% of the Manassas population
- 1.3% of houses and apartments in Manassas, 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.