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- People have been moving from large to small metro areas since the beginning of the pandemic. In a reversal of longstanding demographic trends, people have been moving away from large metro areas.
- Rural counties across Virginia have seen an increased influx of population. Three out of four rural counties outside metro areas in Virginia had more people move into them than out in the period from 2020 through 2023.
- The migration trends that were fueled by the pandemic are expected to stay. While migration into rural counties and smaller cities has been on the upward trajectory, out-migration has dampened the growth and led to population decline in the largest localities in Virginia.
Jul 10, 2023 · The Virginia housing market is diverse with exposure to the Washington D.C. metro area, the coastal Hampton Roads metro area, Richmond in Central Virginia and Shenandoah Valley. Many of...
Mar 28, 2024 · Virginia REALTORS ® publishes economic, demographic, and housing market data for Virginia. Some information is published for metropolitan areas and counties/cities in Virginia. Data are available for download and are updated monthly.
- Virginia Housing Market Trends 2024
- Virginia Housing Market Forecast For 2024
- Will The Virginia Housing Market Crash?
- Regional Housing Market Forecast
Virginia's housing market, which surged at the start of 2024, appears to be experiencing a course correction. The latest Virginia Home Sales Report released by Virginia REALTORS® paints a picture of a market where sales activity is cooling despite stubbornly high home prices. This shift presents a unique set of challenges and opportunities for both...
As we look ahead to the year 2024, the Virginia housing market is poised for an interesting and potentially challenging journey. The Virginia REALTORS® association has released its 2024 Economic & Housing Market Forecast,shedding light on what we can expect in the coming year.
The Virginia housing market, like many across the nation, is at a crossroads. While home values have continued to climb, the pace of that growth is expected to slow down in 2024. Let's delve into the data and see what experts predict for Virginia's housing market.
Market Trends
1. Danville, VA:The Danville MSA is projected to experience steady growth in housing prices, with an increase from 1.1% in April 2024 to 4.5% by March 2025. This substantial rise indicates a robust demand for housing in the region, potentially driven by factors such as job growth and economic stability. 2. Bluefield, WV:Despite being located partially in West Virginia, the Bluefield MSA in Virginia is also expected to see significant appreciation in housing values. From 0.8% in April 2024, th...
- Great Falls. - Typical home value: $1,465,927. - 1-year price change: +4.1% - 5-year price change: +41.5% - Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV.
- McLean. - Typical home value: $1,246,592. - 1-year price change: +4.7% - 5-year price change: +31.8% - Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV.
- Upperville. - Typical home value: $1,186,392. - 1-year price change: +2.7% - 5-year price change: +40.0% - Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV.
- Waterford. - Typical home value: $1,141,216. - 1-year price change: +6.1% - 5-year price change: +55.7% - Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV.
Feb 18, 2022 · People who want to live near nature but in a big city are going to look at places like Denver and Salt Lake City. +It feels pretty isolated, it's not an easy drive to DC by any means. +The city isn't incredibly diverse, being over 80% white/black.
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Jun 5, 2019 · In Resonance Consultancy's annual quest to rank America's 50 best large cities, Houston rose to the top—well, at least toward the top—at No. 11.
