Ford, VA—23850
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Ford, VA
Home Price Trends — Ford, VA
As of Oct '25, the median home price in Ford, VA is $262,000, with a year-over-year change of 1.6%. This indicates that home prices in Ford, VA are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $262,000 | 1.6% |
| Single Family | $262,000 | 1.9% |
| 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 | $263,000 | 1.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ford, VA
Ford, VA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,700 | $1,700 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,900 | $1,900 |
% of Rental Stock
Property Listings — Ford, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Ford, VA is 50. This is a decrease of -24.0% 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 100.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $347,000 | 135.0% |
Listing Count | 2 | -27.0% |
| Listings as % of Homes | 0.2% | -27.0% |
Days on Market | 50 | -24.0% |
Demographics — Ford, VA
As of the latest ACS Survey released in 2023, Ford, VA has a population of 984, which has decreased by -22.4% over the past 5 years. Ford, VA is a less popular place for families, as children make up 6.6% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 984 | -22.4% |
% Under 18 | 6.6% | -64.7% |
% Seniors | 32.0% | 58.4% |
% WFH | 2.2% | ∞% |
% w/ College Degree | 13.2% | 80.8% |
Ford, VA lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.4% | 31.7% |
% Black | 4.4% | -86.6% |
% Hispanic | 5.4% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Ford, VA
According to HUD data as of 2023, there were 52 mortgage originations in Ford, VA, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Ford, VA. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 52 |
% Conventional Loans | 52.0% |
% Government Loans | 48.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Ford, VA
Ford, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,370 |
| 2 Bedroom | -$190 | $1,700 | $1,510 |
| 3 Bedroom | N/A | N/A | $1,910 |
| 4 Bedroom | $470 | $1,900 | $2,370 |
Affordability — Ford, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $262,000 |
| Median Household Income | $80,800 |