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 9,589 people, 3,293 houses or apartments, and a median cost of homes of $777,459, Triangle house prices are not only among the most expensive in Virginia, Triangle real estate also is some of the most expensive in all of America.
Triangle is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Triangle 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 Triangle. Owner-occupied housing accounts for 65.07% of Triangle's homes, and 55.07% have either three or four bedrooms, which is average sized relative to America.
Triangle homes and real estate are some of the newest in America. 44.25% of Triangle's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Triangle real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 33.51%), and between 1940-1969 ( 17.98%). There's also some housing in Triangle built before 1939 ( 4.25%).
Real estate appreciation rates in Triangle's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.50% during the period.
Appreciation rates are so strong in Triangle that despite a nationwide downturn in the housing market, Triangle real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Triangle appreciation rates continue to be some of the highest in America, at 9.11%, which is higher than appreciation rates in 81.55% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Triangle. Triangle appreciation rates in the latest quarter were at 3.11%, which equates to an annual appreciation rate of 13.04%.
Importantly, this makes Triangle 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 Triangle's latest annual appreciation rate is higher than 90% of the other cities and towns in Virginia.
$777,459
for Virginia
for nation
3,293
$2,081 / per month