Blacksburg Virginia Real Estate
Based on the last 12 months, short-term real estate investors in Blacksburg have found their luck. Compared to Virginia, the data show that our recent annual rate of appreciation is 5.56%, which is above the national average of 4.5% and the second highest in the country. If you look only at the last 12 months, Blacksberg's appreciation rates remain among the highest in America, with a 3.7% growth rate last year - more than a year. In Blacksburg, this is evidence that our properties have continued to grow in value than most communities despite a nationwide downturn in housing markets.
This analysis is useful for understanding affordable housing and home ownership by excluding financing costs in the areas presented. It is also about 11.5% smaller relative to rental prices in Blacksburg than in Virginia, and provides a regional-wide frequency distribution of home prices, as well as useful for understanding affordable housing funds.
The next chart, Figure 12, shows the percentage of middle-class workers bringing home their income, and is therefore a valuable measure of affordable housing. This includes all costs related to mortgage interest, property taxes, insurance and other financing costs. It shows the percentage of owners who do not have a mortgage, as shown in Figure 10. The next chart shows the amount of homeownership as a share of the income earned by the median worker in Blacksburg, Virginia, the state of Virginia, and the United States. It is therefore an important indicator of the level of homeownership in the region and of measures to create affordable housing. And it provides a snapshot of a homeowner's income or the rate at which he or she absorbs his or her income.
It also shows the percentage of property taxes paid by homeowners in the region, and provides a snapshot of the share of property taxes paid as a share of income. Blacksburg is represented as a median of $298,400, which is above the median in most of the greater Blackburg area. It is also the number one, but it also has the highest median tax rate of any area in Virginia and the state of Virginia. This area has a high proportion of rented apartments and is ranked third, and also ranks first in terms of median rent per square metre of living space and the number of affordable housing units. And it was shown that one percent of income is between 40 and 50 percent, or 37 percent of the total.
Figure 11 shows the percentage of people who own a Blacksburg subway home, and it shows that it has a 9% "no mortgage," which is above the national average of 7.5% and the state median of 6.2%. Figure 19 looks at rental costs for rental properties, using the percentage of total household income as a valuable measure of an area's financial health.
Blacksburg's property-appreciation rate has been above the national average for three quarters, with a 3.5% increase in the last quarter of 2016. Blacksbury's valuation rate in the last quarter was 1.39%, an increase of 4.2% quarter-on-quarter and an increase of 2.7% quarter-on-quarter.
Blacksburg is 11.9% larger in terms of median real estate taxes paid, compared to the US average of $2,471, and is about one-fifth the size of residential units. Blacksburg's rental rate is 7.5% above the national average, with an increase of 2.2% in the quarter - the previous quarter and an increase of 4.7% in the previous quarter. In the last quarter of 2016, it was 1.1% above the US average for rental prices, which compares with the US average of 1,062, according to data from the Census Bureau.
Blacksburg, Virginia, has one of the highest median prices in the state, at $2,062 per square foot. Blacksburg has a median price of $1,072,000 and has seen a 4.2% increase in rental prices since the previous quarter, according to the Census Bureau.
Blacksburg has one of the state's highest median prices, at $2,062 per square foot, which is higher than the Plum Creek CDP shown in the cost. Blacksburg is also named the second most expensive city in Virginia and the fourth most expensive city in the state, behind Richmond, Virginia, with a median price of $1,072,000.
Blacksburg has one of the highest median prices in the state, at $2,062 per square foot, and has the second highest per capita property values in Virginia, after Richmond, Virginia. In terms of owners, Blacksburg is the most expensive city for real estate, with a median price of $1,072,000. It has the third highest percentage of single-family homes with more than one unit in a single-family home and the fourth highest number of multi-family homes per unit.
Blacksburg is presented as a $17,000 mortgage, which is small when you consider the cost, but it shows that the median cost ($1,166) is significantly higher than the federal average, $2,062 per square foot.