Median price for residential apartments in Annandale, VA as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
183 Annandale, VA, USA apartments for sale
Annandale
According to statistics, the population in Annandale, VA amounts to 44,504, which shows growth 3% compared to the previous year. The median age of the city’s residents is 38. The average household income is $84,007, shifting growth 4% from the past year, and the average property value in Annandale, VA growth 4% to $462,800 throughout the year.
| Population | 44,504 |
| Median Age | 38 |
| Poverty Rate | 12% |
| Household Income | $84,007 |
| Number Of Employees | 24,322 |
| Median Property Value | $462,800 |
Household Income
The average household income in Annandale, VA grew from $80,717 to $84,007 in the past year. This data is an estimate based upon 13,950 households in Annandale, VA . The chart below presents how household income is distributed in Annandale, VA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Annandale, VA shifted from $445,300 to $462,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Annandale, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Annandale, VA properties falls in the '$500,000 to $749,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Annandale, VA compared to median property taxes around the country. The prevalent amount of property taxes in Annandale, VA equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Annandale, VA, USA
Average apartment sale in Annandale: $696,502 (-4.1%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $541,300 | +96.8% |
| 1-bed apartments | $207,452 | +1.2% |
| 2-bed apartments | $320,764 | +15.9% |
| 3-bed apartments | $487,406 | -7.1% |
| 4+ bed apartments | $868,015 | -4.2% |
During Nov 2022, the average price for an apartment in/near Annandale, VA decreased by 4.1% to $696,502.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 1.2% to $207,452. Asking price for 2-bed apartment also increased by 15.9% and a place of this size will now cost you $320,764. A 3-bed apartment goes for $487,406, it decreased by 7.1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 4.2% and made it down to $868,015.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $844,431 | -3.2% |
| Lofts for sale | $1,197,499 | -24.9% |
| Land for sale | $512,450 | +86.3% |
| Townhouses for sale | $523,330 | -2.4% |
| Condos for sale | $326,142 | -16.8% |
Price reports demonstrate that house price decreased by 3.2% this month making it up to $844,431. Condos faced an upward trend these days. The median price for a condo decreased by 16.8%, it’s now available for $326,142. The price dynamics of lofts changed, it decreased by 24.9%, the price tag now starts at $1,197,499. The property value of townhouses decreased by 2.4%, you’ll have to spend around $523,330 to get one.