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 12,142, 5,076 total housing units (homes and apartments), and a median house value of $397,087, Stuarts Draft real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Stuarts Draft, accounting for 75.17% of the town's housing units. Other types of housing that are prevalent in Stuarts Draft include large apartment complexes or high rise apartments ( 8.39%), mobile homes or trailers ( 6.03%), and a few row houses and other attached homes ( 5.86%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stuarts Draft. Owner-occupied housing accounts for 78.20% of Stuarts Draft's homes, and 74.90% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Stuarts Draft 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 Stuarts Draft built between 2000 and later ( 25.53%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.59%). There's also some housing in Stuarts Draft built before 1939 ( 3.56%).
Real estate appreciation rates in Stuarts Draft's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.09% during the period.
Over the last year, Stuarts Draft appreciation rates have trailed the rest of the nation. In the last twelve months, Stuarts Draft's appreciation rate has been -3.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Stuarts Draft were at -2.21%, which equates to an annual appreciation rate of -8.56%.
Notably, Stuarts Draft's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Virginia, our data show that Stuarts Draft's latest annual appreciation rate is lower than 90% of the other cities and towns in Virginia.
$397,087
for Virginia
for nation
5,076
$2,173 / per month