Winchester Metro Area, VA Housing

The Winchester, VA Metro Area is a great place to buy a home. With the median value of housing at $319,200, it is slightly below the US house median value of $338,100. The US 1 year house appreciation rate is 8.27%, however in the Winchester Metro area it is 12.23%. This indicates that housing in this area may be appreciating faster than many other areas throughout the country. Investing in property here could be a wise choice since homes are expected to increase in value over time.

The median home cost in Winchester Metro Area is $319,200. Home appreciation the last 10 years has been 73.3%. Home Appreciation in Winchester Metro Area is up 13.6%.

Average Age of Homes

- The median age of Winchester Metro Area real estate is 33 years old

The Rental Market in Winchester Metro Area

- Renters make up 30.0% of the Winchester Metro Area population
- 1.5% of houses and apartments in Winchester 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	Winchester, Virginia	United States
	60,200.0	139,647,020.0
	34	42
	$319,200	$338,100
	13.6%	16.6%
	45.9%	57.0%
	73.3%	101.1%
	$5.88	$10.98
	$1,464	$2,690
	60.3%	57.4%
	14.2%	11.2%
	25.5%	31.4%
Vacant Housing
	1.5%	1.9%
	0.3%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	6.4%	3.6%
	5.1%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	1.3%	2.4%
	1.0%	2.8%
	2.2%	3.9%
	2.4%	4.5%
	9.0%	11.3%
	13.5%	13.0%
	29.4%	20.1%
	20.4%	13.6%
	9.9%	8.3%
	6.6%	9.7%
	0.9%	3.9%
	0.3%	2.2%
	0.2%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	19.1%	13.6%
	19.1%	13.6%
	17.3%	13.6%
	18.9%	13.2%
	11.7%	14.8%
	17.3%	13.6%
	5.5%	10.0%
	3.4%	4.7%
	9.5%	12.2%

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