Gordonsville, VA22942

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$395,000
2.9% YoY Growth
Median Household Income
$97,600
81.5% 5-Year Growth
Days on Market
80
25.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$2,400
9.8% YoY Growth
1-Bed Rent
$700
9.5% YoY Growth
2-Bed Rent
$1,500
19.0% YoY Growth
3-Bed Rent
$2,500
0.8% YoY Growth

Property Listings — Gordonsville, VA

As of Oct '25, Realtor.com reports that the median days on market for a home in Gordonsville, VA is 80. This is a increase of 25.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$588,0002.0%
Listing Count
10318.0%
Listings as % of Homes1.0%18.0%
Days on Market
8025.0%
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Demographics — Gordonsville, VA

As of the latest ACS Survey released in 2023, Gordonsville, VA has a population of 10,100, which has increased by 13.5% over the past 5 years. Gordonsville, VA is a moderately popular place for families, as children make up 18.8% of the population. The area has a moderately educated workforce, with 34.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
10,10013.5%
% Under 18
18.8%-19.7%
% Seniors
19.5%-0.5%
% WFH
9.8%46.3%
% w/ College Degree
34.8%38.6%
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As of the latest ACS Survey released in 2023, Gordonsville, VA is a predominantly white area, with 76.1% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Gordonsville, VA is black, making up 12.1% of the population. Foreign-born residents account for 6.8% of the population in Gordonsville, VA, and this percentage has increased by 240.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
76.1%-9.4%
% Black
12.1%6.1%
% Hispanic
7.9%315.8%
% Asian
0.5%150.0%
% Foreign Born
6.8%240.0%
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Mortgage and Risk — Gordonsville, VA

According to HUD data as of 2023, there were 271 mortgage originations in Gordonsville, VA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Gordonsville, VA. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
271
% Conventional Loans
76.0%
% Government Loans
24.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Gordonsville, VA

As of 2024, the percent of homes in Gordonsville, VA under the Section 8 program is 1.0%. 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 and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Gordonsville, VA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
9
Total Units Section 8
9
% Rentals under Section 8
1.0%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$580$700$1,280
2 Bedroom$20$1,500$1,520
3 Bedroom-$590$2,500$1,910
4 Bedroom-$50$2,400$2,350

Affordability — Gordonsville, VA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.5
Median Home Price$395,000
Median Household Income$97,600

Gordonsville, VA — ZIP Code Boundary Map

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Frequently Asked Questions