January's First-Time Homebuyer Report for Spotsylvania County

Spotsylvania County is a very affluent county in Virginia with a median income of $75,768 per household. The population is also considered much older than most with a median age of 36 years. The three zip codes with the largest populations are 22407, 22408, and 22551. Keep in mind, most people in Spotsylvania County own their homes, with a 73.6% ownership ratio. The best school in the county is Riverbend High School.

Price Range

The median value of homes in Spotsylvania County is $161,000, making the area almost identical to others in Virginia. At the same time, the average list price of available homes is presently $339,723. 22553, 23015, and 22407 are the least costliest places in the county.

Out of all the listings in Spotsylvania County, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$525K   $1.2M   $579K  

Typical Dwelling

A three-bedroom detached home valued around $248,547 is considered a typical dwelling in Spotsylvania County. If a buyer was looking for a similar home, they would need good credit and a $49,709 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,223 and the property tax rate is $8.90 per $1,000 of taxable assessed value.

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

Data reported through 1/5/2017


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Long & Foster Real Estate, Inc.
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EXP Realty, LLC.
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