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 136 people, 58 houses or apartments, and a median cost of homes of $332,089, Heathsville real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Heathsville, accounting for 100.00% of the town's housing units.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Heathsville. Owner-occupied housing accounts for 91.38% of Heathsville's homes, and 77.66% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Heathsville 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 Heathsville built between 1940-1969 ( 30.85%). A lesser amount of the housing stock also hails from before 1939 ( 24.47%).
A decent proportion of the Heathsville housing stock is seasonally occupied. That is, homes and condos in Heathsville are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Heathsville housing market speaks to its popularity as a vacation location of choice.
Heathsville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Heathsville during the period has been just 5.28%, which is lower than 70% of US communities.
Appreciation rates are so strong in Heathsville that despite a nationwide downturn in the housing market, Heathsville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Heathsville appreciation rates continue to be some of the highest in America, at 9.43%, which is higher than appreciation rates in 83.83% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Heathsville. Heathsville appreciation rates in the latest quarter were at 2.32%, which equates to an annual appreciation rate of 9.63%.
Relative to Virginia, our data show that Heathsville's latest annual appreciation rate is higher than 90% of the other cities and towns in Virginia.
$332,089
for Virginia
for nation
58
$1,107 / per month