Berryville, VA—22611
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Berryville, VA
As of Oct '25, the median home price in Berryville, VA is $548,000, with a year-over-year change of 1.7%. This indicates that home prices in Berryville, VA are increasing. 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 | $548,000 | 1.7% |
| Single Family | $548,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $332,000 | 1.2% |
3 Bed | $485,000 | 2.1% |
4 Bed | $648,000 | 1.7% |
| 5 Bed | $716,000 | 1.1% |
% of Housing Stock
Rental Trends — Berryville, VA
As of July '25, Rentcast reports the average rent in Berryville, VA is $1,990, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in Berryville, VA is 1-bedrooms: $1,420, 2-bedrooms: $1,520, 3-bedrooms: $2,610, 4-bedrooms: $2,600. The most common rental property sizes in Berryville, VA are 2-bedroom and 3-bedroom, accounting for 54.4% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,990 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,420 |
| 2 Bed Rent | $1,500 | $1,520 |
| 3 Bed Rent | $2,020 | $2,610 |
| 4 Bed Rent | $2,600 | $2,600 |
% of Rental Stock
Property Listings — Berryville, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Berryville, VA is 27. This is a decrease of -28.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $622,000 | -7.0% |
Listing Count | 34 | 2.0% |
| Listings as % of Homes | 0.6% | 2.0% |
Days on Market | 27 | -28.0% |
Demographics — Berryville, VA
As of the latest ACS Survey released in 2023, Berryville, VA has a population of 9,290, which has increased by 3.2% over the past 5 years. Berryville, VA is a moderately popular place for families, as children make up 19.6% of the population. The area has a moderately educated workforce, with 34.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,290 | 3.2% |
% Under 18 | 19.6% | -16.6% |
% Seniors | 18.7% | -6.5% |
% WFH | 13.8% | 91.7% |
% w/ College Degree | 34.7% | 12.3% |
As of the latest ACS Survey released in 2023, Berryville, VA is a predominantly white area, with 84.3% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Berryville, VA is hispanic, making up 8.2% of the population. Foreign-born residents account for 5.5% of the population in Berryville, VA, and this percentage has increased by 12.2% 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 | 84.3% | 1.1% |
% Black | 5.7% | 14.0% |
% Hispanic | 8.2% | 9.3% |
% Asian | 1.2% | 20.0% |
% Foreign Born | 5.5% | 12.2% |
Mortgage and Risk — Berryville, VA
According to HUD data as of 2023, there were 182 mortgage originations in Berryville, VA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Berryville, VA. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 182 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Berryville, VA
As of 2024, the percent of homes in Berryville, VA under the Section 8 program is 3.5%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Berryville, VA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 22 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $1,500 | $1,400 |
| 2 Bedroom | $80 | $1,500 | $1,580 |
| 3 Bedroom | -$40 | $2,020 | $1,980 |
| 4 Bedroom | -$270 | $2,600 | $2,330 |
Affordability — Berryville, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $548,000 |
| Median Household Income | $118,000 |