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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Poquoson, VA Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Poquoson, VA Housing Market Trends

With 12,582 people, 4,657 houses or apartments, and a median cost of homes of $573,207, Poquoson house prices are not only among the most expensive in Virginia, Poquoson real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Poquoson, accounting for 88.31% of the city's housing units. Other types of housing that are prevalent in Poquoson include row houses and other attached homes ( 4.18%), large apartment complexes or high rise apartments ( 3.69%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.72%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Poquoson. Owner-occupied housing accounts for 81.63% of Poquoson's homes, and 71.08% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Poquoson 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 Poquoson built between 1940-1969 ( 22.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.95%). There's also some housing in Poquoson built before 1939 ( 7.96%).

Poquoson Home Appreciation Rates

Poquoson's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Poquoson during the period has been just 4.89%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Poquoson's appreciation rate, at 7.49%, has been at or slightly above the national average. In the latest quarter, Poquoson's appreciation rate has been 2.22%, which annualizes to a rate of 9.17%.

Relative to Virginia, our data show that Poquoson's latest annual appreciation rate is higher than 80% of the other cities and towns in Virginia.

Average Home Values

Median Home Value

$573,207

Poquoson, VA Home Prices
> $1,376,000
$1,032,001 - $1,376,000
$687,001 - $1,032,000
$550,001 - $687,000
$413,001 - $550,000
$275,001 - $413,000
$137,001 - $275,000
$69,001 - $137,000
$0 - $69,000
2.4%
2.4%
4.1%
4.1%
19.2%
19.2%
26.3%
26.3%
25.3%
25.3%
15.0%
15.0%
7.2%
7.2%
0.5%
0.5%
0.1%
0.1%
0% 100.0%
% of Homes
Very High

for Virginia

Very High

for nation

Number of Homes And Apartments:

4,657

Poquoson Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,907 / per month

Homeownership Rate

Owners
Renters
81.6%
81.6%
18.4%
18.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.5%
5.5%
94.5%
94.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
12.9%
12.9%
56.6%
56.6%
22.5%
22.5%
8.0%
8.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
88.3%
88.3%
4.2%
4.2%
2.7%
2.7%
3.7%
3.7%
1.1%
1.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.5%
1.5%
0.0%
0.0%
16.1%
16.1%
37.5%
37.5%
33.6%
33.6%
11.3%
11.3%
0% 100.0%
% of Homes

Popular Neighborhoods in Poquoson

Zip Codes in Poquoson, VA