Short Pump First-Time Homebuyer Report for October

Short Pump is a city that is growing faster than others in Virginia at a 10-year growth rate of 51.2%. It also has a larger than average population of 24,729 people. With a median age of six years, homes in Short Pump tend to be quite new. Leading the list of top schools in the city are Short Pump Elementary School, Short Pump Middle School, and Deep Run High School.

Price Range

Short Pump has some of the more expensive homes in the state with a median home value of $337,900 and a current average list price of $581,796. The number of homes coming into the Short Pump market shrank to zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Short Pump:

$473K   $499K   $479K  

Typical Dwelling

A four-bedroom detached home valued around $556,235 is considered a typical dwelling in Short Pump. If a buyer was looking for a similar home, they would need good credit and a $111,247 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,629 and the property tax rate is $8.05 per $1,000 of taxable assessed value.

Get started right now by checking out Short Pump homes for sale or reviewing Short Pump real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Napier ERA
Snapped 18 homes in this area
Coldwell Banker Premier Properties
Snapped 1 home in this area
Keller Williams Capital Properties
Snapped 8 homes in this area

Agents that specialize in this area
1 snap in this area
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