Staunton, VA

Population: 24,350
Average annual home appreciation rate: 16.07%
Total of homes for sale in this market: 324
Median home price: $168,988
Median Rent: $947 per room
Home price range: 51.02% of homes are between $100,001 – $200,000
Median sales price: Still Computing
Number of homes: 17
Median foreclosure sales price: Still computing data
Foreclosure discount: Still computing data
Most common home type: 68.11% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 10.60%
Number of renters: 45.79%
Number of owner occupied: 54.21%
Number people living below poverty level: 17.99%
Unemployment rate: 4.20%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Staunton area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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