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Innovation, VA
Full City Profile · Virginia · Manassas city County
3.0
/5.0
B
Good
1,139
Population
394/sq mi density
$1,779
Median Rent
51.0% income on rent
55°F
Avg Temperature
297 sunny days/yr
328
Violent Crime/100K
1,705 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
328 violent crimes/100K
A+
Education
5.0 / 5.0
50.5% bachelor's degree or higher
Housing Overview
Median Rent
$1,779/mo
53% above
US avg: $1,163/mo
Homeownership Rate
0.0%
100% below US avg (65.4%)
Total Housing Units
493
Median year built: 2010
Home Value by Source
Zillow (ZHVI)
$549,186
Median Sale Price
$511,715
Median List Price
$632,990
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
0.0%
Owner-Occupied
34.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$1,779/mo
Market Indicators (Redfin)
Median Days on Market
10 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
10.5%
of listings with price reduction
Price Per Sq Ft
$325
Active Inventory
19
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
2010
Average age of housing stock: 16 years
Homeownership Rate
0.0%
Complete Housing Data
Home Values
| Zillow Home Value (ZHVI) | $549,186 |
| Median Sale Price | $511,715 |
| Median List Price | $632,990 |
| Price Per Sq Ft | $325 |
Rent
| Census Median Rent | $1,779 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
| Days on Market | 10 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 10.5% |
| Homes Sold | 1 |
| Active Inventory | 19 |
| Price Per Sq Ft | $325 |
Ownership & Stock
| Owner-Occupied | 0.0% |
| Renter-Occupied | 34.5% |
| Homeownership Rate | 0.0% |
| Total Housing Units | 493 |
| Median Year Built | 2010 |
| Rent Burden | 51.0% |