Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 1,570, 503 total housing units (homes and apartments), and a median house value of $670,505, Haymarket house prices are not only among the most expensive in Virginia, Haymarket real estate also is some of the most expensive in all of America.
Haymarket is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Haymarket than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Haymarket. Owner-occupied housing accounts for 92.06% of Haymarket's homes, and 83.33% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Haymarket built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Haymarket built between 2000 and later ( 38.04%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.94%). There's also some housing in Haymarket built before 1939 ( 1.96%).
Real estate appreciation rates in Haymarket's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.16% during the period.
Appreciation rates are so strong in Haymarket that despite a nationwide downturn in the housing market, Haymarket real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Haymarket appreciation rates continue to be some of the highest in America, at 5.05%, which is higher than appreciation rates in 72.17% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Haymarket. Haymarket appreciation rates in the latest quarter were at 0.87%, which equates to an annual appreciation rate of 3.52%.
Relative to Virginia, our data show that Haymarket's latest annual appreciation rate is lower than 50% of the other cities and towns in Virginia.
$670,505
for Virginia
for nation
503
$3,859 / per month