Real Estate Market Update for Winchester, VA
Welcome to March's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 11% from one year earlier, and up 4% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 270-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 16%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 190-thousand dollars. The number of units sold increased 5% year-over-year, and increased 26% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Winchester, VA
Area Information for Winchester, VA
  • Population: 26,756
  • Median Age: 34.75 yr
  • Median Commute Time: 13.63 mins
  • Educational Climate*: 5
  • Sales Tax: 5%
  • Population Density: 2,898/sq mi
  • Population Change Since 2000: 13.44%
  • Closest Airport: Washington Dulles International
  • Closest College: Shenandoah University
  • Closest Jr. College: Lord Fairfax Community College
  • Median Household Income: $44,324
  • Annual Residential Turnover: 22.53%
  • Median Years in Residence: 2.89 yr
  • Median Home Sales Price: $150,000
  • Closest Major Sports Team: Washington Capitals
  • Change Avg. Household Income Since 2000: 29%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Winchester, VA
Median Age: 34.75 Married: 25% Number of Households: 11,072 Households with Children: 3,308
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Winchester, VA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      James Wood High School 2.6 mi Public 9-12 2-5 4
      Gainesboro Elementary School 2.7 mi Public K-5 2-5 4
      Apple Pie Ridge Elementary School 2.7 mi Public K-5 2 4
      Lighthouse Baptist Academy 3.2 mi Private K-12 0 4
      Frederick County Middle School 3.4 mi Public 6-8 2 4
      Indian Hollow Elementary School 3.5 mi Public K-5 1 4
      Sacred Heart Academy 3.7 mi Catholic PRESCHOOL-8 0 5
      James Wood Middle School 3.8 mi Public 6-8 3 4
      John Kerr Elementary School 4.6 mi Public K-4 2-5 0
      Winchester Academy 4.7 mi Private PRESCHOOL-12 0 5
      John Handley High School 4.8 mi Public 9-12 2 4
      Virginia Ave. Charlotte Dehart Elementary School 4.9 mi Public PRESCHOOL-4 1 4
      Garland R. Quarles Elementary School 5.2 mi Public PRESCHOOL-4 1 3
      Grafton School 5.4 mi Private K-12 0 0
      Daniel Morgan Middle School 5.4 mi Public 5-8 2-5 3
      Frederick Douglass Elementary School 6.4 mi Public K-4 2-5 4
      Millbrook High School 6.4 mi Public 9-12 3 4
      Redbud Run Elementary School 6.5 mi Public K-5 1 4
      Sharon's Centre 7.0 mi Private PRESCHOOL-K 0 0
      Greenwood Mill Elementary School 7.7 mi Public K-5 2-5 4
      Orchard View Elementary School 8.0 mi Public K-5 2-5 5
      Evendale Elementary School 8.6 mi Public K-5 3 4
      Admiral Richard E. Byrd Middle School 8.6 mi Public 6-8 3-5 4
      Mountain View Christian Academy 8.6 mi Private K-12 0 5
      Armel Elementary School 10.0 mi Public K-5 3-5 4
      Winchester Montessori School 10.5 mi Private PRESCHOOL-6 0 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Winchester, VA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.