Rich Creek, VA—24147
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rich Creek, VA
As of Oct '25, the median home price in Rich Creek, VA is $155,000, with a year-over-year change of 1.8%. This indicates that home prices in Rich Creek, VA are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $155,000 | 1.8% |
| Single Family | $155,000 | 2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $113,000 | -3.4% |
3 Bed | $169,000 | 1.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rich Creek, VA
Rich Creek, VA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,250 |
| 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 | $1,250 | $1,250 |
% of Rental Stock
Property Listings — Rich Creek, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Rich Creek, VA is 93. This is a increase of 22.0% 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 | $275,000 | 80.0% |
Listing Count | 2 | -18.0% |
| Listings as % of Homes | 0.4% | -18.0% |
Days on Market | 93 | 22.0% |
Demographics — Rich Creek, VA
As of the latest ACS Survey released in 2023, Rich Creek, VA has a population of 1,400, which has increased by 10.8% over the past 5 years. Rich Creek, VA is a moderately popular place for families, as children make up 17.9% of the population. The area has a poorly educated workforce, with 16.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,400 | 10.8% |
% Under 18 | 17.9% | -30.9% |
% Seniors | 28.4% | 66.1% |
% WFH | 0.7% | -78.1% |
% w/ College Degree | 16.3% | -2.4% |
As of the latest ACS Survey released in 2023, Rich Creek, VA is a predominantly white area, with 97.7% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Rich Creek, VA is black, making up 0.3% of the population. Foreign-born residents account for 0.0% of the population in Rich Creek, VA, and this percentage has decreased by 100.0% 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 | 97.7% | 1.1% |
% Black | 0.3% | -86.4% |
% Hispanic | 0.2% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Rich Creek, VA
Rich Creek, 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 — Rich Creek, VA
Rich Creek, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% 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 | $790 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | $130 | $1,250 | $1,380 |
Affordability — Rich Creek, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $155,000 |
| Median Household Income | $49,200 |