In 2011, Manassas Park, VA had a median housing value of $438,200, which was significantly higher than the US median value of $338,100. Despite this discrepancy, the one-year house appreciation rate in Manassas Park was relatively similar to that of the US as a whole at 7.46%, just slightly lower than the 8.27% seen nationally. With values continuing to increase year-over-year and such a high median housing price in comparison to the rest of the country, Manassas Park is proving to be an attractive option for homeowners seeking a safe investment in real estate.
The median home cost in Manassas Park (zip 20111) is $438,200. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Manassas Park (zip 20111) is up 8.1%.
Average Age of Homes
- The median age of Manassas Park (zip 20111) real estate is 31 years old
The Rental Market in Manassas Park (zip 20111)
- Renters make up 27.0% of the Manassas Park (zip 20111) population
- 0.7% of houses and apartments in Manassas Park (zip 20111), 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.