Sandston, VA—23150
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sandston, VA
As of Oct '25, the median home price in Sandston, VA is $310,000, with a year-over-year change of 1.1%. This indicates that home prices in Sandston, VA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $310,000 | 1.1% |
| Single Family | $310,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $227,000 | -0.4% |
3 Bed | $300,000 | 1.0% |
4 Bed | $359,000 | 1.7% |
| 5 Bed | $477,000 | 1.5% |
% of Housing Stock
Rental Trends — Sandston, VA
As of July '25, Rentcast reports the average rent in Sandston, VA is $1,820, with a year-over-year rent change of -11.7%. Per bedroom, the median rent as of July '25 in Sandston, VA is 2-bedrooms: $1,580, 3-bedrooms: $2,040, 4-bedrooms: $1,540. The most common rental property sizes in Sandston, VA are 2-bedroom and 3-bedroom, accounting for 52.4% and 21.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,820 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,600 | $1,580 |
| 3 Bed Rent | $1,850 | $2,040 |
| 4 Bed Rent | $1,500 | $1,540 |
% of Rental Stock
Property Listings — Sandston, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Sandston, VA is 38. This is a increase of 11.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | 7.0% |
Listing Count | 86 | 110.0% |
| Listings as % of Homes | 0.5% | 110.0% |
Days on Market | 38 | 11.0% |
Demographics — Sandston, VA
As of the latest ACS Survey released in 2023, Sandston, VA has a population of 12,200, which has decreased by -3.6% over the past 5 years. Sandston, VA is a moderately popular place for families, as children make up 18.0% 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 | 12,200 | -3.6% |
% Under 18 | 18.0% | -23.1% |
% Seniors | 19.7% | 18.0% |
% WFH | 9.8% | 188.2% |
% w/ College Degree | 20.5% | 16.5% |
As of the latest ACS Survey released in 2023, Sandston, VA is a predominantly white area, with 64.3% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Sandston, VA is black, making up 24.7% of the population. Foreign-born residents account for 5.2% of the population in Sandston, VA, and this percentage has increased by 205.9% 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 | 64.3% | -6.8% |
% Black | 24.7% | -5.0% |
% Hispanic | 6.0% | 275.0% |
% Asian | 1.0% | 66.7% |
% Foreign Born | 5.2% | 205.9% |
Mortgage and Risk — Sandston, VA
According to HUD data as of 2023, there were 304 mortgage originations in Sandston, VA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Sandston, VA. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 304 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Sandston, VA
Sandston, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 55 |
Total Units Section 8 | 55 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,410 |
| 2 Bedroom | -$40 | $1,600 | $1,560 |
| 3 Bedroom | $130 | $1,850 | $1,980 |
| 4 Bedroom | $940 | $1,500 | $2,440 |
Affordability — Sandston, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $310,000 |
| Median Household Income | $76,200 |