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 448, 170 total housing units (homes and apartments), and a median house value of $420,722, Mount Crawford real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Mount Crawford, accounting for 73.48% of the town's housing units. Other types of housing that are prevalent in Mount Crawford include row houses and other attached homes ( 12.15%), large apartment complexes or high rise apartments ( 9.39%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.97%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mount Crawford. Owner-occupied housing accounts for 72.35% of Mount Crawford's homes, and 77.35% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Mount Crawford 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 Mount Crawford built between 2000 and later ( 32.04%). A lesser amount of the housing stock also hails from before 1939 ( 25.97%). There's also some housing in Mount Crawford built between 1940-1969 ( 9.39%).
Real estate appreciation rates in Mount Crawford's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.85% during the period.
Appreciation rates are so strong in Mount Crawford that despite a nationwide downturn in the housing market, Mount Crawford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mount Crawford appreciation rates continue to be some of the highest in America, at 11.59%, which is higher than appreciation rates in 92.67% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mount Crawford. Mount Crawford appreciation rates in the latest quarter were at -0.90%, which equates to an annual appreciation rate of -3.54%.
Notably, Mount Crawford's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Virginia, our data show that Mount Crawford's latest annual appreciation rate is higher than 90% of the other cities and towns in Virginia.
$420,722
for Virginia
for nation
170
$1,446 / per month