Stanardsville, VA—22973
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stanardsville, VA
As of Oct '25, the median home price in Stanardsville, VA is $325,000, with a year-over-year change of 2.5%. This indicates that home prices in Stanardsville, VA are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $325,000 | 2.5% |
| Single Family | $325,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $244,000 | 2.1% |
3 Bed | $347,000 | 3.3% |
4 Bed | $497,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Stanardsville, VA
As of July '25, Rentcast reports the average rent in Stanardsville, VA is $1,980, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Stanardsville, VA is 2-bedrooms: $1,200, 3-bedrooms: $2,110. The most common rental property sizes in Stanardsville, VA are 3-bedroom and 2-bedroom, accounting for 60.5% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $1,980 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $2,100 | $2,110 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Stanardsville, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Stanardsville, VA is 98. This is a increase of 58.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $669,000 | 68.0% |
Listing Count | 36 | 18.0% |
| Listings as % of Homes | 1.0% | 18.0% |
Days on Market | 98 | 58.0% |
Demographics — Stanardsville, VA
As of the latest ACS Survey released in 2023, Stanardsville, VA has a population of 5,980, which has remained stable by -0.5% over the past 5 years. Stanardsville, VA is a moderately popular place for families, as children make up 17.6% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,980 | -0.5% |
% Under 18 | 17.6% | -26.7% |
% Seniors | 26.3% | 39.2% |
% WFH | 9.8% | 104.2% |
% w/ College Degree | 20.5% | -1.4% |
As of the latest ACS Survey released in 2023, Stanardsville, VA is a predominantly white area, with 82.3% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Stanardsville, VA is black, making up 5.6% of the population. Foreign-born residents account for 3.0% of the population in Stanardsville, VA, and this percentage has increased by 66.7% 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 | 82.3% | -6.4% |
% Black | 5.6% | 1.8% |
% Hispanic | 3.7% | -9.8% |
% Asian | 1.5% | ∞% |
% Foreign Born | 3.0% | 66.7% |
Mortgage and Risk — Stanardsville, VA
According to HUD data as of 2023, there were 166 mortgage originations in Stanardsville, VA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Stanardsville, VA. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 166 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 5.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Stanardsville, VA
Stanardsville, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 54 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 8.7% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,280 |
| 2 Bedroom | $320 | $1,200 | $1,520 |
| 3 Bedroom | -$190 | $2,100 | $1,910 |
| 4 Bedroom | N/A | N/A | $2,350 |
Affordability — Stanardsville, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $325,000 |
| Median Household Income | $73,600 |