Timberville, VA—22853
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Timberville, VA
As of Oct '25, the median home price in Timberville, VA is $278,000, with a year-over-year change of 2.2%. This indicates that home prices in Timberville, 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 | $278,000 | 2.2% |
| Single Family | $279,000 | 2.2% |
| 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 | $275,000 | 2.2% |
4 Bed | $363,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Timberville, VA
As of July '25, Rentcast reports the average rent in Timberville, VA is $1,350, with a year-over-year rent change of 11.6%. Per bedroom, the median rent as of July '25 in Timberville, VA is 2-bedrooms: $1,170, 3-bedrooms: $1,480. The most common rental property sizes in Timberville, VA are 3-bedroom and 2-bedroom, accounting for 36.8% and 36.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,170 |
| 3 Bed Rent | $1,450 | $1,480 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Timberville, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Timberville, VA is 52. This is a increase of 18.0% 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 | $350,000 | -13.0% |
Listing Count | 10 | -27.0% |
| Listings as % of Homes | 0.7% | -27.0% |
Days on Market | 52 | 18.0% |
Demographics — Timberville, VA
As of the latest ACS Survey released in 2023, Timberville, VA has a population of 4,880, which has increased by 21.6% over the past 5 years. Timberville, VA is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,880 | 21.6% |
% Under 18 | 19.5% | -3.0% |
% Seniors | 21.3% | 9.8% |
% WFH | 3.8% | 153.3% |
% w/ College Degree | 13.2% | 10.0% |
As of the latest ACS Survey released in 2023, Timberville, VA is a predominantly white area, with 87.2% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Timberville, VA is hispanic, making up 10.3% of the population. Foreign-born residents account for 5.2% of the population in Timberville, VA, and this percentage has increased by 8.3% 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 | 87.2% | -4.7% |
% Black | 1.4% | 250.0% |
% Hispanic | 10.3% | 53.7% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 5.2% | 8.3% |
Mortgage and Risk — Timberville, VA
According to HUD data as of 2023, there were 97 mortgage originations in Timberville, VA, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Timberville, VA. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 97 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Timberville, VA
Timberville, 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 | 2.3% |
% 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 | $160 | $1,100 | $1,260 |
| 3 Bedroom | $250 | $1,450 | $1,700 |
| 4 Bedroom | N/A | N/A | $2,080 |
Affordability — Timberville, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $278,000 |
| Median Household Income | $61,400 |