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 373 people, 266 houses or apartments, and a median cost of homes of $402,081, Disputanta real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Disputanta, 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 Disputanta. Owner-occupied housing accounts for 100.00% of Disputanta's homes, and 75.63% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Disputanta's housing was primarily built during this period, from the '40s through the '60s. A full 41.18% of the town's housing hails from this era. Other housing ages represented in Disputanta include homes built between 1970-1999 ( 39.22%) and housing constructed between 2000 and later ( 19.61%).
Vacant housing appears to be an issue in Disputanta. Fully 25.49% of the housing stock is classified as vacant. Left unchecked, vacant Disputanta homes and apartments can be a drag on the real estate market, holding Disputanta real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Disputanta have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.59%, which ranks in the top 50% nationwide. This equates to an annual average Disputanta house appreciation rate of 6.83%.
NeighborhoodScout's data show that during the latest twelve months, Disputanta's appreciation rate, at 4.33%, has been at or slightly above the national average. In the latest quarter, Disputanta's appreciation rate has been 3.05%, which annualizes to a rate of 12.76%.
Importantly, this makes Disputanta one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Virginia, our data show that Disputanta's latest annual appreciation rate is lower than 60% of the other cities and towns in Virginia.
$402,081
for Virginia
for nation
266
$1,820 / per month