Bridgewater, VA—22812
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bridgewater, VA
As of Oct '25, the median home price in Bridgewater, VA is $373,000, with a year-over-year change of 2.7%. This indicates that home prices in Bridgewater, VA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $373,000 | 2.7% |
| Single Family | $374,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $274,000 | 0.4% |
3 Bed | $360,000 | 2.3% |
4 Bed | $479,000 | 3.9% |
| 5 Bed | $556,000 | 3.3% |
% of Housing Stock
Rental Trends — Bridgewater, VA
As of July '25, Rentcast reports the average rent in Bridgewater, VA is $1,480, with a year-over-year rent change of 18.4%. Per bedroom, the median rent as of July '25 in Bridgewater, VA is 1-bedrooms: $943, 2-bedrooms: $1,290, 3-bedrooms: $2,090, 4-bedrooms: $2,400. The most common rental property sizes in Bridgewater, VA are 2-bedroom and 3-bedroom, accounting for 47.8% and 19.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,380 | $1,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $925 | $943 |
| 2 Bed Rent | $1,380 | $1,290 |
| 3 Bed Rent | $2,100 | $2,090 |
| 4 Bed Rent | $2,400 | $2,400 |
% of Rental Stock
Property Listings — Bridgewater, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bridgewater, VA is 98. This is a increase of 134.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $399,000 | 2.0% |
Listing Count | 33 | 20.0% |
| Listings as % of Homes | 0.4% | 20.0% |
Days on Market | 98 | 134.0% |
Demographics — Bridgewater, VA
As of the latest ACS Survey released in 2023, Bridgewater, VA has a population of 10,100, which has increased by 12.1% over the past 5 years. Bridgewater, VA is a moderately popular place for families, as children make up 19.5% of the population. The area has a moderately educated workforce, with 39.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,100 | 12.1% |
% Under 18 | 19.5% | 9.6% |
% Seniors | 21.9% | -7.2% |
% WFH | 12.8% | 80.3% |
% w/ College Degree | 39.7% | -2.0% |
As of the latest ACS Survey released in 2023, Bridgewater, VA is a predominantly white area, with 87.5% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Bridgewater, VA is hispanic, making up 5.4% of the population. Foreign-born residents account for 7.4% of the population in Bridgewater, VA, and this percentage has increased by 42.3% 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 | 87.5% | -5.3% |
% Black | 3.6% | 24.1% |
% Hispanic | 5.4% | 100.0% |
% Asian | 0.6% | 100.0% |
% Foreign Born | 7.4% | 42.3% |
Mortgage and Risk — Bridgewater, VA
According to HUD data as of 2023, there were 74 mortgage originations in Bridgewater, VA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Bridgewater, VA. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 74 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Bridgewater, VA
As of 2024, the percent of homes in Bridgewater, VA under the Section 8 program is 2.0%. 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 Bridgewater, 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 | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $155 | $925 | $1,080 |
| 2 Bedroom | -$10 | $1,380 | $1,370 |
| 3 Bedroom | -$250 | $2,100 | $1,850 |
| 4 Bedroom | -$130 | $2,400 | $2,270 |
Affordability — Bridgewater, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $373,000 |
| Median Household Income | $83,900 |