Gore, VA—22637
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gore, VA
As of Oct '25, the median home price in Gore, VA is $435,000, with a year-over-year change of 2.4%. This indicates that home prices in Gore, VA are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $435,000 | 2.4% |
| Single Family | $435,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $305,000 | -0.3% |
3 Bed | $434,000 | 1.9% |
4 Bed | $545,000 | 1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gore, VA
As of July '25, Rentcast reports the average rent in Gore, VA is $1,600, with a year-over-year rent change of -15.8%. Per bedroom, the median rent as of July '25 in Gore, VA is 3-bedrooms: $1,600. The most common rental property sizes in Gore, VA are 3-bedroom and 2-bedroom, accounting for 94.8% and 2.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gore, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Gore, VA is 36. This is a decrease of -76.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $525,000 | -6.0% |
Listing Count | 14 | 3.0% |
| Listings as % of Homes | 0.3% | 3.0% |
Days on Market | 36 | -76.0% |
Demographics — Gore, VA
As of the latest ACS Survey released in 2023, Gore, VA has a population of 2,050, which has decreased by -15.3% over the past 5 years. Gore, VA is a less popular place for families, as children make up 14.2% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,050 | -15.3% |
% Under 18 | 14.2% | -44.3% |
% Seniors | 16.2% | -16.1% |
% WFH | 3.1% | 82.4% |
% w/ College Degree | 26.7% | 29.0% |
As of the latest ACS Survey released in 2023, Gore, VA is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 9.2% in the last 5 years. The second most common race or ethnicity in Gore, VA is black, making up 4.5% of the population. Foreign-born residents account for 0.0% of the population in Gore, VA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.3% | -9.2% |
% Black | 4.5% | ∞% |
% Hispanic | 1.5% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Gore, VA
According to HUD data as of 2023, there were 55 mortgage originations in Gore, VA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Gore, VA. 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 | 55 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Gore, VA
Gore, VA 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 | $1,290 |
| 2 Bedroom | N/A | N/A | $1,610 |
| 3 Bedroom | $400 | $1,600 | $2,000 |
| 4 Bedroom | N/A | N/A | $2,700 |
Affordability — Gore, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $435,000 |
| Median Household Income | $80,200 |