Trend of Rental Yield in Buchanan County, Virginia

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

  1. Median Gross Rent
  2. Median Home Value

 

Our key findings

CountyBuchanan County
Population 201523,486
Population 200923,584
Population % change-0.4
Population change rank compared to US2,234
Population change rank compared to Virginia89
Median Gross Rent 2015637
Median Gross Rent 2009465
Median Gross Rent % change37.0
Median Gross Rent change rank compared to US171
Median Gross Rent change rank compared to Virginia6
Home Value 201571,500
Home Value 200963,200
Home Value % change13.1
Home Value change rank compared to US1,032
Home Value change rank compared to Virginia26
Rental Yield 201510.7
Rental Yield 20098.8
Rental Yield % change21.1
Rental Yield change rank compared to US609
Rental Yield change rank compared to Virginia35