Varsity Village—14109
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Varsity Village
Varsity Village lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
No data available
Rental Trends — Varsity Village
Varsity Village lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — Varsity Village
Varsity Village lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Varsity Village
Varsity Village lacks sufficient demographic data for analysis.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,340 | 18.6% |
% Under 18 | 3.4% | 61.9% |
% Seniors | 0.0% | N/A |
% WFH | 0.0% | -100.0% |
% w/ College Degree | N/A | N/A |
As of the latest ACS Survey released in 2023, Varsity Village is a predominantly white area, with 65.4% of the population identifying as white. The white population has shrunk by 22.0% in the last 5 years. The second most common race or ethnicity in Varsity Village is black, making up 15.5% of the population. Foreign-born residents account for 11.5% of the population in Varsity Village, and this percentage has increased by 121.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 65.4% | -22.0% |
% Black | 15.5% | 210.0% |
% Hispanic | 9.1% | 35.8% |
% Asian | 3.1% | 244.4% |
% Foreign Born | 11.5% | 121.2% |
Mortgage and Risk — Varsity Village
According to HUD data as of 2023, there were 31 mortgage originations in Varsity Village, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Varsity Village. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 31 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Varsity Village
Varsity Village lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Varsity Village
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |