Saluda, VA—23149
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saluda, VA
Saluda, VA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $325,000 | 4.4% |
| Single Family | $326,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $238,000 | 3.5% |
3 Bed | $332,000 | 4.1% |
4 Bed | $457,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Saluda, VA
As of July '25, Rentcast reports the average rent in Saluda, VA is $1,910, with a year-over-year rent change of -20.4%. Per bedroom, the median rent as of July '25 in Saluda, VA is 2-bedrooms: $1,570, 3-bedrooms: $2,950. The most common rental property sizes in Saluda, VA are 2-bedroom and 3-bedroom, accounting for 42.1% and 41.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,910 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $900 | $1,570 |
| 3 Bed Rent | $2,950 | $2,950 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Saluda, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Saluda, VA is 100. This is a increase of 30.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $397,000 | -21.0% |
Listing Count | 10 | -3.0% |
| Listings as % of Homes | 0.5% | -3.0% |
Days on Market | 100 | 30.0% |
Demographics — Saluda, VA
As of the latest ACS Survey released in 2023, Saluda, VA has a population of 2,540, which has decreased by -12.9% over the past 5 years. Saluda, VA is a less popular place for families, as children make up 11.4% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,540 | -12.9% |
% Under 18 | 11.4% | -35.2% |
% Seniors | 22.9% | 11.7% |
% WFH | 14.8% | 1,133.3% |
% w/ College Degree | 17.9% | 9.8% |
As of the latest ACS Survey released in 2023, Saluda, VA is a predominantly white area, with 63.1% of the population identifying as white. The white population has shrunk by 19.9% in the last 5 years. The second most common race or ethnicity in Saluda, VA is black, making up 15.0% of the population. Foreign-born residents account for 4.6% of the population in Saluda, VA, and this percentage has increased by 206.7% 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 | 63.1% | -19.9% |
% Black | 15.0% | -10.7% |
% Hispanic | 6.2% | 463.6% |
% Asian | 0.3% | ∞% |
% Foreign Born | 4.6% | 206.7% |
Mortgage and Risk — Saluda, VA
Saluda, VA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Saluda, VA
Saluda, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,160 |
| 2 Bedroom | $450 | $900 | $1,350 |
| 3 Bedroom | -$1,070 | $2,950 | $1,880 |
| 4 Bedroom | N/A | N/A | $2,280 |
Affordability — Saluda, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $325,000 |
| Median Household Income | $97,000 |