Woodford, VA—22580
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Woodford, VA
Woodford, VA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $322,000 | 0.6% |
| Single Family | $322,000 | 0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $245,000 | -1.2% |
3 Bed | $342,000 | 1.8% |
4 Bed | $475,000 | 5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Woodford, VA
As of July '25, Rentcast reports the average rent in Woodford, VA is $1,610, with a year-over-year rent change of -6.4%. Per bedroom, the median rent as of July '25 in Woodford, VA is 1-bedrooms: $1,340, 3-bedrooms: $1,700. The most common rental property sizes in Woodford, VA are 3-bedroom and 2-bedroom, accounting for 86.5% and 7.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,610 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,340 | $1,340 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,700 | $1,700 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Woodford, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Woodford, VA is 76. This is a increase of 208.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $467,000 | 1.0% |
Listing Count | 16 | 50.0% |
| Listings as % of Homes | 0.6% | 50.0% |
Days on Market | 76 | 208.0% |
Demographics — Woodford, VA
As of the latest ACS Survey released in 2023, Woodford, VA has a population of 4,960, which has decreased by -6.3% over the past 5 years. Woodford, VA is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,960 | -6.3% |
% Under 18 | 21.1% | -5.4% |
% Seniors | 18.6% | -11.4% |
% WFH | 14.6% | 329.4% |
% w/ College Degree | 20.2% | 32.9% |
As of the latest ACS Survey released in 2023, Woodford, VA is a predominantly white area, with 70.1% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Woodford, VA is black, making up 18.3% of the population. Foreign-born residents account for 3.3% of the population in Woodford, VA, and this percentage has increased by 6.5% 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 | 70.1% | -3.6% |
% Black | 18.3% | 10.9% |
% Hispanic | 4.5% | -22.4% |
% Asian | 2.6% | 766.7% |
% Foreign Born | 3.3% | 6.5% |
Mortgage and Risk — Woodford, VA
According to HUD data as of 2023, there were 100 mortgage originations in Woodford, VA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Woodford, VA. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 100 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Woodford, VA
Woodford, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | -$400 | $1,340 | $940 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | -$190 | $1,700 | $1,510 |
| 4 Bedroom | N/A | N/A | $1,790 |
Affordability — Woodford, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $322,000 |
| Median Household Income | $91,300 |