Reston, VA is an affluent area with a median housing value of $570,700. This is significantly higher than the US median house value of $338,100. Despite the high value, Reston has experienced a healthy appreciation over the past year with values increasing by 7.44% compared to the national average of 8.27%. This shows that the housing market in Reston is performing well and remains an attractive option for potential buyers looking for high quality homes in an affluent area.
The median home cost in Reston is $570,700. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Reston is up 8.1%.
Average Age of Homes
- The median age of Reston real estate is 36 years old
The Rental Market in Reston
- Renters make up 37.3% of the Reston population
- 2.0% of houses and apartments in Reston, 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.