Strasburg, VA—22657
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Strasburg, VA
Strasburg, VA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $339,000 | 0.2% |
| Single Family | $343,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $258,000 | 0.0% |
3 Bed | $341,000 | -0.3% |
4 Bed | $405,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Strasburg, VA
As of July '25, Rentcast reports the average rent in Strasburg, VA is $1,720, with a year-over-year rent change of 5.5%. Per bedroom, the median rent as of July '25 in Strasburg, VA is 1-bedrooms: $750, 2-bedrooms: $1,510, 3-bedrooms: $2,150, 4-bedrooms: $1,800. The most common rental property sizes in Strasburg, VA are 2-bedroom and 3-bedroom, accounting for 41.9% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,720 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $750 |
| 2 Bed Rent | $1,500 | $1,510 |
| 3 Bed Rent | $2,150 | $2,150 |
| 4 Bed Rent | $1,800 | $1,800 |
% of Rental Stock
Property Listings — Strasburg, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Strasburg, VA is 32. This is a increase of 30.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $377,000 | 6.0% |
Listing Count | 43 | 18.0% |
| Listings as % of Homes | 0.4% | 18.0% |
Days on Market | 32 | 30.0% |
Demographics — Strasburg, VA
As of the latest ACS Survey released in 2023, Strasburg, VA has a population of 12,000, which has increased by 15.8% over the past 5 years. Strasburg, VA is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,000 | 15.8% |
% Under 18 | 23.3% | 0.4% |
% Seniors | 18.2% | 7.1% |
% WFH | 8.5% | 37.1% |
% w/ College Degree | 21.2% | -2.3% |
As of the latest ACS Survey released in 2023, Strasburg, VA is a predominantly white area, with 87.9% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Strasburg, VA is hispanic, making up 3.9% of the population. Foreign-born residents account for 3.5% of the population in Strasburg, VA, and this percentage has decreased by 18.6% 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 | 87.9% | -3.0% |
% Black | 1.8% | 20.0% |
% Hispanic | 3.9% | -2.5% |
% Asian | 1.7% | 240.0% |
% Foreign Born | 3.5% | -18.6% |
Mortgage and Risk — Strasburg, VA
According to HUD data as of 2023, there were 305 mortgage originations in Strasburg, VA, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Strasburg, VA. Investor activity is low, as 4.0% 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 | 305 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Strasburg, VA
As of 2024, the percent of homes in Strasburg, VA under the Section 8 program is 11.9%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Strasburg, VA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 133 |
Total Units Section 8 | 133 |
% Rentals under Section 8 | 11.9% |
% Occupied Section 8 | 97.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $800 | $870 |
| 2 Bedroom | -$360 | $1,500 | $1,140 |
| 3 Bedroom | -$640 | $2,150 | $1,510 |
| 4 Bedroom | -$20 | $1,800 | $1,780 |
Affordability — Strasburg, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $339,000 |
| Median Household Income | $66,200 |