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 7,083, 3,045 total housing units (homes and apartments), and a median house value of $299,580, Dry Fork real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Dry Fork, accounting for 84.75% of the town's housing units. Other types of housing that are prevalent in Dry Fork include mobile homes or trailers ( 13.71%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dry Fork. Owner-occupied housing accounts for 85.25% of Dry Fork's homes, and 76.72% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Dry Fork 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 Dry Fork built between 1940-1969 ( 16.96%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.92%). There's also some housing in Dry Fork built before 1939 ( 4.58%).
Real estate appreciation rates in Dry Fork's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.11% during the period.
Over the last year, Dry Fork appreciation rates have trailed the rest of the nation. In the last twelve months, Dry Fork's appreciation rate has been 6.78%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dry Fork were at -1.03%, which equates to an annual appreciation rate of -4.05%.
Notably, Dry Fork's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Virginia, our data show that Dry Fork's latest annual appreciation rate is lower than 90% of the other cities and towns in Virginia.
$299,580
for Virginia
for nation
3,045
$1,788 / per month