Mount Solon, VA—22843
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Solon, VA
As of Oct '25, the median home price in Mount Solon, VA is $344,000, with a year-over-year change of 5.2%. This indicates that home prices in Mount Solon, VA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $344,000 | 5.2% |
| Single Family | $343,000 | 5.2% |
| 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 | $338,000 | 5.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Solon, VA
As of July '25, Rentcast reports the average rent in Mount Solon, VA is $2,350, with a year-over-year rent change of 526.7%. Per bedroom, the median rent as of July '25 in Mount Solon, VA is 3-bedrooms: $2,350. The most common rental property sizes in Mount Solon, VA are 3-bedroom and 4-bedroom, accounting for 53.9% and 23.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,350 | $2,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mount Solon, VA
Mount Solon, VA lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | 0.1% | N/A |
Days on Market | N/A | N/A |
Demographics — Mount Solon, VA
As of the latest ACS Survey released in 2023, Mount Solon, VA has a population of 2,870, which has increased by 15.9% over the past 5 years. Mount Solon, VA is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,870 | 15.9% |
% Under 18 | 22.5% | 8.2% |
% Seniors | 14.1% | -30.2% |
% WFH | 10.5% | 110.0% |
% w/ College Degree | 17.7% | -22.7% |
As of the latest ACS Survey released in 2023, Mount Solon, VA is a predominantly white area, with 86.9% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Mount Solon, VA is hispanic, making up 11.7% of the population. Foreign-born residents account for 10.9% of the population in Mount Solon, VA, and this percentage has increased by 263.3% 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 | 86.9% | -6.1% |
% Black | 0.0% | N/A |
% Hispanic | 11.7% | 72.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 10.9% | 263.3% |
Mortgage and Risk — Mount Solon, VA
According to HUD data as of 2023, there were 56 mortgage originations in Mount Solon, VA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Mount Solon, VA. Investor activity is low, as 0.0% 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 | 56 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Mount Solon, VA
Mount Solon, 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 | $980 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | -$770 | $2,350 | $1,580 |
| 4 Bedroom | N/A | N/A | $1,840 |
Affordability — Mount Solon, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $344,000 |
| Median Household Income | $99,300 |