Shacklefords, VA—23156
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shacklefords, VA
As of Oct '25, the median home price in Shacklefords, VA is $263,000, with a year-over-year change of 5.2%. This indicates that home prices in Shacklefords, VA are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $263,000 | 5.2% |
| Single Family | $263,000 | 4.0% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Shacklefords, VA
Shacklefords, VA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Shacklefords, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Shacklefords, VA is 41. This is a decrease of -62.0% from last year, suggesting that homes are sitting on the market shorter 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 | $425,000 | 27.0% |
Listing Count | 3 | -62.0% |
| Listings as % of Homes | 0.6% | -62.0% |
Days on Market | 41 | -62.0% |
Demographics — Shacklefords, VA
As of the latest ACS Survey released in 2023, Shacklefords, VA has a population of 1,250, which has decreased by -23.1% over the past 5 years. Shacklefords, VA is a less popular place for families, as children make up 11.8% of the population. The area has a poorly educated workforce, with 12.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,250 | -23.1% |
% Under 18 | 11.8% | -34.8% |
% Seniors | 29.0% | 5.8% |
% WFH | 2.8% | -50.0% |
% w/ College Degree | 12.0% | -15.5% |
As of the latest ACS Survey released in 2023, Shacklefords, VA is a predominantly white area, with 54.4% of the population identifying as white. The white population has shrunk by 30.5% in the last 5 years. The second most common race or ethnicity in Shacklefords, VA is black, making up 29.4% of the population. Foreign-born residents account for 1.4% of the population in Shacklefords, VA, and this percentage has decreased by 36.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 54.4% | -30.5% |
% Black | 29.4% | 61.5% |
% Hispanic | 9.4% | 203.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.4% | -36.4% |
Mortgage and Risk — Shacklefords, VA
According to HUD data as of 2023, there were 61 mortgage originations in Shacklefords, VA, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Shacklefords, VA. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 61 |
% Conventional Loans | 57.0% |
% Government Loans | 43.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Shacklefords, VA
Shacklefords, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,200 |
| 2 Bedroom | N/A | N/A | $1,330 |
| 3 Bedroom | N/A | N/A | $1,650 |
| 4 Bedroom | N/A | N/A | $2,080 |
Affordability — Shacklefords, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $263,000 |
| Median Household Income | N/A |