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Real Estate Prices & Overview

Courthouse Woods median real estate price is $644,401, which is more expensive than 74.9% of the neighborhoods in Virginia and 77.3% of the neighborhoods in the U.S.

The average rental price in Courthouse Woods is currently $3,049, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.7% of the neighborhoods in Virginia.

Courthouse Woods is a rural neighborhood (based on population density) located in Virginia Beach, Virginia.

Courthouse Woods real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Courthouse Woods neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Courthouse Woods, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 81.3% of all neighborhoods in the U.S. This means that the housing supply in Courthouse Woods is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

Of note is NeighborhoodScout's research finding that the Courthouse Woods neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Courthouse Woods community truly stands out from the rest in this regard.

In addition, an interesting characteristic about the Courthouse Woods neighborhood is that there are more incarcerated people living here than 99.3% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

Real Estate

One way that the Courthouse Woods neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Occupations

The Courthouse Woods neighborhood stands out nationally for having a greater proportion of its residents active in the military than 99.0% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Courthouse Woods neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 35.6% of the households here have four, five, or more cars. That is more cars per household than in 96.4% of the neighborhoods in the nation.

Diversity

Significantly, 2.4% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 95.4% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Courthouse Woods neighborhood in Virginia Beach are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.3% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Courthouse Woods neighborhood, 60.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 17.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.5%), and 8.9% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Courthouse Woods neighborhood is English, spoken by 90.9% of households. Other important languages spoken here include Spanish and Vietnamese.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Courthouse Woods neighborhood in Virginia Beach, VA, residents most commonly identify their ethnicity or ancestry as English (17.5%). There are also a number of people of German ancestry (12.4%), and residents who report Irish roots (11.1%), and some of the residents are also of Italian ancestry (8.5%), along with some Asian ancestry residents (7.7%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Courthouse Woods neighborhood spend between 15 and 30 minutes commuting one-way to work (45.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (83.9%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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