Troutville, VA—24077
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Troutville, VA
Home Price Trends — Troutville, VA
As of Oct '25, the median home price in Troutville, VA is $263,000, with a year-over-year change of 3.0%. This indicates that home prices in Troutville, VA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $263,000 | 3.0% |
| Single Family | $267,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $176,000 | 0.0% |
3 Bed | $368,000 | 5.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Troutville, VA
As of July '25, Rentcast reports the average rent in Troutville, VA is $1,450, with a year-over-year rent change of 26.1%. Per bedroom, the median rent as of July '25 in Troutville, VA is 2-bedrooms: $1,450. The most common rental property sizes in Troutville, VA are 1-bedroom and 3-bedroom, accounting for 73.0% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,450 | $1,450 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Troutville, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Troutville, VA is 33. This is a increase of 62.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $170,000 | -57.0% |
Listing Count | 4 | 233.0% |
| Listings as % of Homes | 0.4% | 233.0% |
Days on Market | 33 | 62.0% |
Demographics — Troutville, VA
As of the latest ACS Survey released in 2023, Troutville, VA has a population of 1,100, which has increased by 45.0% over the past 5 years. Troutville, VA is a popular place for families, as children make up 26.0% of the population. The area has a moderately educated workforce, with 26.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,100 | 45.0% |
% Under 18 | 26.0% | 20.9% |
% Seniors | 22.3% | -5.5% |
% WFH | 4.2% | -50.6% |
% w/ College Degree | 26.6% | 9.5% |
As of the latest ACS Survey released in 2023, Troutville, VA is a predominantly white area, with 69.8% of the population identifying as white. The white population has shrunk by 22.3% in the last 5 years. The second most common race or ethnicity in Troutville, VA is black, making up 11.3% of the population. Foreign-born residents account for 2.0% of the population in Troutville, VA, and this percentage has decreased by 81.3% 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 | 69.8% | -22.3% |
% Black | 11.3% | 242.4% |
% Hispanic | 10.6% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.0% | -81.3% |
Mortgage and Risk — Troutville, VA
Troutville, 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 — Troutville, VA
Troutville, 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 | $1,090 |
| 2 Bedroom | -$140 | $1,450 | $1,310 |
| 3 Bedroom | N/A | N/A | $1,840 |
| 4 Bedroom | N/A | N/A | $2,160 |
Affordability — Troutville, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $263,000 |
| Median Household Income | $89,900 |