Triangle, VA—22172
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Triangle, VA
As of Oct '25, the median home price in Triangle, VA is $532,000, with a year-over-year change of 0.6%. This indicates that home prices in Triangle, VA are flat. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $532,000 | 0.6% |
| Single Family | $556,000 | 0.2% |
| Condos | $363,000 | 0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $141,000 | -4.7% |
2 Bed | $333,000 | -2.1% |
3 Bed | $417,000 | 0.2% |
4 Bed | $642,000 | 0.6% |
| 5 Bed | $744,000 | 0.9% |
% of Housing Stock
Rental Trends — Triangle, VA
As of July '25, Rentcast reports the average rent in Triangle, VA is $2,690, with a year-over-year rent change of 30.6%. Per bedroom, the median rent as of July '25 in Triangle, VA is 1-bedrooms: $1,530, 2-bedrooms: $2,210, 3-bedrooms: $2,660, 4-bedrooms: $3,450. The most common rental property sizes in Triangle, VA are 2-bedroom and 1-bedroom, accounting for 49.6% and 20.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,690 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,530 |
| 2 Bed Rent | $1,730 | $2,210 |
| 3 Bed Rent | $2,500 | $2,660 |
| 4 Bed Rent | $3,600 | $3,450 |
% of Rental Stock
Property Listings — Triangle, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Triangle, VA is 27. This is a increase of 33.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $600,000 | 7.0% |
Listing Count | 29 | 18.0% |
| Listings as % of Homes | 0.8% | 18.0% |
Days on Market | 27 | 33.0% |
Demographics — Triangle, VA
As of the latest ACS Survey released in 2023, Triangle, VA has a population of 12,000, which has increased by 19.3% over the past 5 years. Triangle, VA is a popular place for families, as children make up 26.1% of the population. The area has a moderately educated workforce, with 41.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,000 | 19.3% |
% Under 18 | 26.1% | -2.6% |
% Seniors | 7.5% | 2.7% |
% WFH | 11.8% | 268.7% |
% w/ College Degree | 41.4% | 28.2% |
As of the latest ACS Survey released in 2023, Triangle, VA is a predominantly black area, with 40.9% of the population identifying as black. The black population has grown by 15.5% in the last 5 years. The second most common race or ethnicity in Triangle, VA is hispanic, making up 21.6% of the population. Foreign-born residents account for 24.9% of the population in Triangle, VA, and this percentage has increased by 0.8% 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 | 21.4% | -22.2% |
% Black | 40.9% | 15.5% |
% Hispanic | 21.6% | -15.0% |
% Asian | 13.5% | 117.7% |
% Foreign Born | 24.9% | 0.8% |
Mortgage and Risk — Triangle, VA
According to HUD data as of 2023, there were 249 mortgage originations in Triangle, VA, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Triangle, VA. Investor activity is low, as 5.0% 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 | 249 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Triangle, VA
As of 2024, the percent of homes in Triangle, VA under the Section 8 program is 6.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Triangle, VA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 91 |
Total Units Section 8 | 71 |
% Rentals under Section 8 | 6.7% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $1,500 | $1,490 |
| 2 Bedroom | -$50 | $1,730 | $1,680 |
| 3 Bedroom | -$400 | $2,500 | $2,100 |
| 4 Bedroom | -$1,120 | $3,600 | $2,480 |
Affordability — Triangle, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $532,000 |
| Median Household Income | $113,000 |