Washington, VA 22747 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Washington, VA—22747

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$678,000

2.4% YoY Growth

Household Income

$104,000

43.9% YoY Growth

Days on Market

44.0% Shorter YoY

Home Price Forecast

-1.1%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Washington, VA

As of May '26, the median home price in Washington, VA is $678,000, with a year-over-year change of 2.4%. This indicates that home prices in Washington, VA are increasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$678,000	2.4%
Single Family	$679,000	3.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Washington, VA

Washington, VA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

13.5%

2 Bedrooms

33.3%

3 Bedrooms

50.6%

5+ Bedrooms

2.6%

Property Listings — Washington, VA

As of May '26, Realtor.com reports that the median days on market for a home in Washington, VA is 40. This is a decrease of -44.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$925,000	12.0%
Listing Count	15	116.0%
Listings as % of Homes	0.4%	116.0%
Days on Market	40	-44.0%

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Demographics — Washington, VA

As of the latest ACS Survey released in 2023, Washington, VA has a population of 1,380, which has increased by 58.7% over the past 5 years. Washington, VA is a moderately popular place for families, as children make up 23.4% of the population. The area has a highly educated workforce, with 61.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,380	58.7%
% Under 18	23.4%	129.4%
% Seniors	33.2%	-13.8%
% WFH	20.0%	217.5%
% w/ College Degree	61.0%	48.4%

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As of the latest ACS Survey released in 2023, Washington, VA is a predominantly white area, with 88.1% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Washington, VA is black, making up 1.8% of the population. Foreign-born residents account for 6.6% of the population in Washington, VA, and this percentage has increased by 94.1% 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	88.1%	0.8%
% Black	1.8%	-83.0%
% Hispanic	0.3%	50.0%
% Asian	0.0%	-100.0%
% Foreign Born	6.6%	94.1%

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Mortgage and Risk — Washington, VA

According to HUD data as of 2023, there were 57 mortgage originations in Washington, VA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Washington, VA. Investor activity is low, as 5.0% 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	57
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	5.0%
% Second Loans	9.0%
% Cash Out Refinance	19.0%

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Rentals and Section 8 — Washington, VA

Washington, 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	0.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,000
2 Bedroom	N/A	N/A	$1,110
3 Bedroom	N/A	N/A	$1,340
4 Bedroom	N/A	N/A	$1,860

Washington, VA—22747

Key Metrics at a Glance

Home Price Trends — Washington, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Washington, VA

% of Rental Stock

Property Listings — Washington, VA

Demographics — Washington, VA

Race and Ethnicity

Mortgage and Risk — Washington, VA

Mortgages

Rentals and Section 8 — Washington, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Washington, VA

Home Price to Income Ratio

Washington, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Flint Hill, VA

Woodville, VA

Huntly, VA

Castleton, VA

Sperryville, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.8
Median Home Price	$678,000
Median Household Income	$104,000

Washington, VA—22747

Key Metrics at a Glance

Home Price Trends — Washington, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Washington, VA

% of Rental Stock

Property Listings — Washington, VA

Demographics — Washington, VA

Race and Ethnicity

Mortgage and Risk — Washington, VA

Mortgages

Rentals and Section 8 — Washington, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Washington, VA

Home Price to Income Ratio

Washington, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Flint Hill, VA

Woodville, VA

Huntly, VA

Castleton, VA

Sperryville, VA

Frequently Asked Questions

What is the average home price in Washington, VA 22747?

How have home prices in Washington, VA 22747 changed over the past year?

What is the home price projection for Washington, VA 22747?

What are the demographics of Washington, VA 22747?

How long does it take homes to sell in Washington, VA 22747?

What is the average rent price in Washington, VA 22747?