Thaxton, VA—24174
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Thaxton, VA
As of Oct '25, the median home price in Thaxton, VA is $204,000, with a year-over-year change of -2.8%. This indicates that home prices in Thaxton, VA are decreasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $204,000 | -2.8% |
| Single Family | $205,000 | -2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $168,000 | -0.6% |
3 Bed | $231,000 | -1.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Thaxton, VA
Thaxton, 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 — Thaxton, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Thaxton, VA is 20. This is a decrease of -65.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | 93.0% |
Listing Count | 7 | -20.0% |
| Listings as % of Homes | 0.3% | -20.0% |
Days on Market | 20 | -65.0% |
Demographics — Thaxton, VA
As of the latest ACS Survey released in 2023, Thaxton, VA has a population of 2,340, which has decreased by -15.5% over the past 5 years. Thaxton, VA is a moderately popular place for families, as children make up 19.0% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,340 | -15.5% |
% Under 18 | 19.0% | -11.2% |
% Seniors | 15.1% | -22.2% |
% WFH | 4.5% | 542.9% |
% w/ College Degree | 13.7% | 61.2% |
As of the latest ACS Survey released in 2023, Thaxton, VA is a predominantly white area, with 92.8% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Thaxton, VA is asian, making up 3.6% of the population. Foreign-born residents account for 4.3% of the population in Thaxton, VA, and this percentage has increased by 115.0% 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 | 92.8% | -3.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.2% | -92.3% |
% Asian | 3.6% | 176.9% |
% Foreign Born | 4.3% | 115.0% |
Mortgage and Risk — Thaxton, VA
Thaxton, 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 — Thaxton, VA
Thaxton, 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 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,350 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Thaxton, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $204,000 |
| Median Household Income | $55,300 |