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 99,841, 28,817 total housing units (homes and apartments), and a median house value of $590,692, Stafford house prices are not only among the most expensive in Virginia, Stafford real estate also is some of the most expensive in all of America.
Stafford is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Stafford 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 Stafford. Owner-occupied housing accounts for 76.31% of Stafford's homes, and 68.28% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Stafford 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 Stafford built between 2000 and later ( 39.62%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.02%). There's also some housing in Stafford built before 1939 ( 1.25%).
Real estate appreciation rates in Stafford's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.79% during the period.
NeighborhoodScout's data show that during the latest twelve months, Stafford's appreciation rate, at 6.21%, has been at or slightly above the national average. In the latest quarter, Stafford's appreciation rate has been 3.11%, which annualizes to a rate of 13.04%.
Importantly, this makes Stafford one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Virginia, our data show that Stafford's latest annual appreciation rate is lower than 50% of the other cities and towns in Virginia.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Stafford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Stafford - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Stafford real estate investment or home purchase decisions.
$590,692
for Virginia
for nation
28,817
$2,821 / per month