ABOUT REAL ESTATE IN PRINCE WILLIAM COUNTY, VIRGINIA
The low price is about $54,000, Manassas Fixer-Upper Town Home.
The high price is about $2,500,000, Luxury Home on 10 acre home site.
The average price is $312,000, includes all properties, condos, town homes and single family detached.
NEW CONSTRUCTION - Single Family Homes
The low price is about $304,990, Single Family in Woodbridge.
The high price is about $2,000,000, Single Family Waterfront in Woodbridge.
The average price for new construction in Prince William County is $596,610.
Prince William homes is the real estate of choice for home buyers interested in a direct commuting route to Washington, D.C., convenience to Ft. Belvoir and Quantico. Prince William County offers home buyers a significant saving over the cost of homes in Loudoun County or Fairfax County. The average cost of a 4 bedroom, 2 full bath, 2 car garage home in Prince William County less than 5 years old is approximately $610,000. The same home in Fairfax County would be $910,000 and the same home in Loudoun County would be approximately $670,000.
One of the most attractive place for visitors and residents alike is the Potomac Mills shopping center. With approximately 225 shops of all types of merchandise, price ranges and services, Potomac Mills is the last word in shopping for folks in Northern Virginia.
Prince William is also popular with employees commuting to the Pentagon and Washington, D.C. by way of the Virginia Rail Express with lines reaching as far as Fredericksburg on the Eastern line and Bristow on the Western line.
Prince William homes range from the popular starter homes in modest prices in communities like Dale City to the luxury home communities in Heymarket, Woodbridge, Manassas and Bristow. Price escalation has reached the Prince William real estate market, but not as rapidly as other areas in Northern Virginia.
Dating back to the 1730s, Prince William County has been settled and many of
the residents have been commuters to Washington, D.C. and the Pentagon.
Construction of the Shirley Highway, Route 95, in the early 1940s made a commute
from the eastern areas of Prince William reasonable.
The history of Prince William County centers around the battles of the civil war. The Battles of Manassas are represented by huge tracks of battlefield land available to tourists and area residents interested in this significant time in our history.
About Prince William County New Homes
Northern Virginia new home shoppers searching for a more affordable housing climate than Fairfax or Loudoun may find their ideal new home investment in Prince William County. Prince William offers a wide variety of homebuilding alternatives at more reasonable prices often with larger
homesites, particularly in the southern and southwestern sections of the county. Improvements to I-95’s Springfield corridor with its direct access to Washington D.C., Virginia Railway Express (VRE) stations and proximity to the I-495 Beltway, provides new homebuyers outstanding cost per square foot housing values. With new homes more attractively priced, home appreciation potential may be stronger in Prince William than in other counties surrounding the Washington metropolitan region. Considering the area’s rapidly rising housing costs, Prince William County is likely to produce impressive real estate appreciation in the near future. Analysts predict increasing new home prices for years to come in the Washington metropolitan area, particularly regions offering good cost per square foot valuations like those found in Prince William County.
ACTIVE LISTINGS PRICES FOR HOMES IN PRINCE WILLIAM COUNTY SPRING 2010
There are over 1456 HOMES FOR SALE in Prince William County on the market on any day.
About 425 SINGLE FAMILY HOMES are offered for sale with an average price of $424,000. There are about 387 Town Homes offered for sale at an average price of $178,000. There are about 173 condominium homes for sale at an average price of $220,000. The reason the condos average higher than town homes is because many are new/newer.
HOMES FOR ACTIVE ADULTS. Prince William County offers wonderful new and resale homes in Adult communities with amenities and convenience to local shopping and some offer golf, community centers, exercise facilities, indoor swimming pool and much, much more. These are gated communities and limited to age 55 years and older. Active Adult homes for sale average about $420,000 and the price range is from $250,000 for Condos and up to $600,000 for luxury Single Family Homes.
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Adult communities in Prince William County Virginia |
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Near Haymarket and Gainesville, golfing communities are growing. Piedmont is now sold-out, however, Dominion Valley with its Arnold Palmer golf course and Lake Manassas with its Presidential golf course are very popular alternatives. Prestigious and beautifully developed, Lake Manassas is one of Virginia’s premiere planned golfing communities. Located west of the historical Bull Run battlefield, this gated community was host to the President’s Cup and is renown for its natural beauty, lush topography, lake and luxurious amenities. Lake Manassas features some of the area’s foremost custom and production builders and caters to discriminating homebuyers with upscale ambiance and quality built estate homes. In our opinion, reasonable prices, quality construction, floor plan options and emphasis on the "personal touch" make this community unique and an outstanding value, however it too is nearly sold-out.
The city of Manassas has been doing well. Prices rose nearly 20 percent in 2003 and are still rising up again an estimated 23% in 2005 over 2004, however Manassas is not as active with new home construction as is the immediate surrounding area and is nearly sold-out. Supply is limited and contract bidding wars on resale homes are not uncommon.
The real estate market in Manassas and Manassas Park is stimulated by it's close proximty to the VRE and Old Town Manassas.
Located in southeastern Prince William County is Triangle and the Quantico Marine base. The town of Quantico is older and the market for resale homes is brisk but people’s desire to build new homes continues to be popular. Triangle and adjacent towns have recently experienced lower median prices in comparison with other areas in the county.
In sum, Prince William is a very large county with a wide variety of new homebuilding opportunities at reasonable prices… a welcome relief for those wishing to make an affordable new home investment providing excellent overall value and good appreciation potential.
--Average Income Families
W/Children $ 73,796
--Average Age 32
--Percent Married 62.4
--Percent With Children 44.9
--Percent High School Graduates 92
--Percent College Graduates 41.8
--Average SAT Scores 1015
--Expenditures Per-Student $8,311
--Land Area 337.8 sq. mi.
--County Population 280,813
--Population Density Per Sq. Mile 831
--Population Growth Rate (5 yrs) 3.0 %

Click map to view Prince William County
location in the State of Virginia.
Detailed demographic reports are provided to our buyer/clients.







