Courtland, VA—23837
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Courtland, VA
As of Oct '25, the median home price in Courtland, VA is $275,000, with a year-over-year change of -0.1%. This indicates that home prices in Courtland, VA are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $275,000 | -0.1% |
| Single Family | $275,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $154,000 | -5.5% |
3 Bed | $276,000 | 0.0% |
4 Bed | $343,000 | 0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Courtland, VA
As of July '25, Rentcast reports the average rent in Courtland, VA is $1,000, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Courtland, VA is 2-bedrooms: $1,000. The most common rental property sizes in Courtland, VA are 3-bedroom and 2-bedroom, accounting for 49.6% and 43.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Courtland, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Courtland, VA is 41. This is a decrease of -44.0% 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 75.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $287,000 | 15.0% |
Listing Count | 16 | 87.0% |
| Listings as % of Homes | 0.1% | 87.0% |
Days on Market | 41 | -44.0% |
Demographics — Courtland, VA
As of the latest ACS Survey released in 2023, Courtland, VA has a population of 4,410, which has decreased by -4.2% over the past 5 years. Courtland, VA is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,410 | -4.2% |
% Under 18 | 20.0% | 8.1% |
% Seniors | 23.1% | 5.5% |
% WFH | 2.7% | -58.5% |
% w/ College Degree | 15.5% | -32.9% |
As of the latest ACS Survey released in 2023, Courtland, VA is a predominantly white area, with 59.2% of the population identifying as white. The white population has grown by 8.6% in the last 5 years. The second most common race or ethnicity in Courtland, VA is black, making up 36.8% of the population. Foreign-born residents account for 2.6% of the population in Courtland, VA, and this percentage has increased by 1200.0% 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 | 59.2% | 8.6% |
% Black | 36.8% | -9.8% |
% Hispanic | 0.9% | -65.4% |
% Asian | 0.8% | ∞% |
% Foreign Born | 2.6% | 1,200.0% |
Mortgage and Risk — Courtland, VA
According to HUD data as of 2023, there were 51 mortgage originations in Courtland, VA, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Courtland, VA. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 51 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Courtland, VA
Courtland, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 19 |
Total Units Section 8 | 18 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $950 |
| 2 Bedroom | $240 | $1,000 | $1,240 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $2,080 |
Affordability — Courtland, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $275,000 |
| Median Household Income | $57,700 |