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 16,276 people, 5,418 houses or apartments, and a median cost of homes of $1,060,918, Vienna house prices are not only among the most expensive in Virginia, Vienna real estate also is some of the most expensive in all of America.
Vienna is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Vienna than is found in 98% of the communities in America.
The large homes that make up Vienna are primarily owner-occupied ( 84.92%).
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Vienna's housing was primarily built during this period, from the '40s through the '60s. A full 51.73% of the town's housing hails from this era. Other housing ages represented in Vienna include homes built between 1970-1999 ( 26.00%) and housing constructed between 2000 and later ( 21.64%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Vienna, where house values have increased just 44.39%, which is annualized rate of 3.74%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Vienna appreciation rates have trailed the rest of the nation. In the last twelve months, Vienna's appreciation rate has been 4.68%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vienna were at 0.00%, which equates to an annual appreciation rate of 0.00%.
Relative to Virginia, our data show that Vienna's latest annual appreciation rate is lower than 80% 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 Vienna differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Vienna - 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 Vienna real estate investment or home purchase decisions.
$1,060,918
for Virginia
for nation
5,418
$3,799 / per month