Herndon, VA is an affluent suburb of Washington D.C. and has a median housing value of $644,800, which is nearly double the US House median value of $338,100. Over the past year, the US house appreciation rate was 8.27%, while Herndon's appreciation rate was slightly lower at 7.46%. This shows that Herndon remains an attractive and desirable area for those looking to invest in property or make a home purchase. It is clear that housing prices in Herndon are on the rise and continues to be a great place to live or buy property.
The median home cost in Herndon is $644,800. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Herndon is up 8.1%.
Average Age of Homes
- The median age of Herndon real estate is 34 years old
The Rental Market in Herndon
- Renters make up 37.5% of the Herndon population
- 1.7% of houses and apartments in Herndon, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.