Aroda, VA—22738
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Aroda, VA
As of Oct '25, the median home price in Aroda, VA is $420,000, with a year-over-year change of 1.8%. This indicates that home prices in Aroda, VA are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $420,000 | 1.8% |
| Single Family | $420,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $409,000 | 2.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Aroda, VA
Aroda, VA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,250 | $2,250 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Aroda, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Aroda, VA is 250. This is a increase of 143.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $746,000 | 46.0% |
Listing Count | 8 | 37.0% |
| Listings as % of Homes | 0.4% | 37.0% |
Days on Market | 250 | 143.0% |
Demographics — Aroda, VA
As of the latest ACS Survey released in 2023, Aroda, VA has a population of 848, which has decreased by -46.6% over the past 5 years. Aroda, VA is a moderately popular place for families, as children make up 15.4% of the population. The area has a poorly educated workforce, with 17.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 848 | -46.6% |
% Under 18 | 15.4% | -39.6% |
% Seniors | 20.8% | 42.5% |
% WFH | 23.5% | 152.7% |
% w/ College Degree | 17.5% | -46.0% |
As of the latest ACS Survey released in 2023, Aroda, VA is a predominantly white area, with 93.9% of the population identifying as white. The white population has grown by 7.7% in the last 5 years. The second most common race or ethnicity in Aroda, VA is black, making up 3.3% of the population. Foreign-born residents account for 1.3% of the population in Aroda, VA, and this percentage has decreased by 53.6% 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 | 93.9% | 7.7% |
% Black | 3.3% | -53.5% |
% Hispanic | 2.1% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.3% | -53.6% |
Mortgage and Risk — Aroda, VA
According to HUD data as of 2023, there were 83 mortgage originations in Aroda, VA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Aroda, VA. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 83 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Aroda, VA
Aroda, 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 | 5.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,080 |
| 2 Bedroom | -$950 | $2,250 | $1,300 |
| 3 Bedroom | N/A | N/A | $1,680 |
| 4 Bedroom | N/A | N/A | $1,980 |
Affordability — Aroda, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $420,000 |
| Median Household Income | $89,900 |