Occoquan, VA is a great place to live and invest in residential housing. The median housing value in Occoquan is $447,200 which is significantly higher than the US median value of $338,100. While the US house appreciation rate over the last year was 8.27%, in Occoquan it was slightly lower at 4.61%. This suggests that while home prices have been growing steadily overall in the US, they have been slightly slower overall in Occoquan during the same period. Despite this, Occoquan remains an attractive option for those looking to purchase or invest in residential housing due to its relative affordability and potential for future appreciation.
The median home cost in Occoquan is $447,200. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Occoquan is up 11.4%.
Average Age of Homes
- The median age of Occoquan real estate is 27 years old
The Rental Market in Occoquan
- Renters make up 37.7% of the Occoquan population
- 1.1% of houses and apartments in Occoquan, 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.