Staunton Metro Area, VA Housing

The housing market in the Staunton-Waynesboro, VA Metro Area is strong, with the median value of homes at $270,300 compared to the US median value of $338,100. In addition, the appreciation rate for houses in this area has been 11.32%, which is higher than the national average of 8.27%. This shows that property values are increasing and suggests a positive outlook for those investing in housing in this area.

The median home cost in Staunton Metro Area is $270,300. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Staunton Metro Area is up 14.7%.

Average Age of Homes

- The median age of Staunton Metro Area real estate is 41 years old

The Rental Market in Staunton Metro Area

- Renters make up 25.4% of the Staunton Metro Area population
- 1.7% of houses and apartments in Staunton Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Staunton, Virginia	United States
	54,967.0	139,647,020.0
	42	42
	$270,300	$338,100
	14.7%	16.6%
	45.7%	57.0%
	58.5%	101.1%
	$6.28	$10.98
	$1,311	$2,690
	64.8%	57.4%
	8.3%	11.2%
	26.9%	31.4%
Vacant Housing
	1.7%	1.9%
	0.3%	0.4%
	1.0%	0.7%
	0.1%	0.4%
	1.9%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	0.9%	2.4%
	1.0%	2.8%
	1.1%	3.9%
	3.2%	4.5%
	15.2%	11.3%
	21.8%	13.0%
	29.1%	20.1%
	14.0%	13.6%
	5.3%	8.3%
	3.9%	9.7%
	1.1%	3.9%
	0.6%	2.2%
	0.1%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	14.1%	13.6%
	14.1%	13.6%
	16.2%	13.6%
	12.5%	13.2%
	11.3%	14.8%
	16.2%	13.6%
	10.5%	10.0%
	4.8%	4.7%
	12.6%	12.2%

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