Troutville, VA 24175 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Troutville, VA—24175

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$324,000

2.6% YoY Growth

Household Income

$81,900

13.9% YoY Growth

Days on Market

13.0% Shorter YoY

Home Price Forecast

2.5%

Median Rent

$265

5.7% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,700

68.8% YoY Growth

Other Zip Codes in Troutville, VA

24077

Home Price Trends — Troutville, VA

As of Dec '25, the median home price in Troutville, VA is $324,000, with a year-over-year change of 2.6%. This indicates that home prices in Troutville, VA are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$324,000	2.6%
Single Family	$324,000	2.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Troutville, VA

As of July '25, Rentcast reports the average rent in Troutville, VA is $1,480, with a year-over-year rent change of 5.7%. Per bedroom, the median rent as of July '25 in Troutville, VA is studios: $265, 3-bedrooms: $2,700. The most common rental property sizes in Troutville, VA are 2-bedroom and 3-bedroom, accounting for 50.4% and 43.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$265	$1,480
Studio Rent	$265	$265
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,700	$2,700
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

3.0%

2 Bedrooms

50.4%

3 Bedrooms

43.1%

5+ Bedrooms

3.5%

Property Listings — Troutville, VA

As of Dec '25, Realtor.com reports that the median days on market for a home in Troutville, VA is 54. This is a decrease of -16.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$380,000	-8.0%
Listing Count	29	28.0%
Listings as % of Homes	0.5%	28.0%
Days on Market	77	-13.0%

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Demographics — Troutville, VA

As of the latest ACS Survey released in 2023, Troutville, VA has a population of 8,050, which has increased by 1.9% over the past 5 years. Troutville, VA is a moderately popular place for families, as children make up 18.8% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,050	1.9%
% Under 18	18.8%	2.2%
% Seniors	23.3%	1.7%
% WFH	10.3%	368.2%
% w/ College Degree	28.1%	-11.9%

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As of the latest ACS Survey released in 2023, Troutville, VA is a predominantly white area, with 95.6% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in Troutville, VA is hispanic, making up 1.7% of the population. Foreign-born residents account for 3.1% of the population in Troutville, VA, and this percentage has increased by 55.0% 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	95.6%	1.6%
% Black	0.3%	-88.9%
% Hispanic	1.7%	142.9%
% Asian	0.1%	-87.5%
% Foreign Born	3.1%	55.0%

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Mortgage and Risk — Troutville, VA

According to HUD data as of 2023, there were 122 mortgage originations in Troutville, VA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Troutville, VA. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	122
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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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	$940
2 Bedroom	N/A	N/A	$1,130
3 Bedroom	-$1,120	$2,700	$1,580
4 Bedroom	N/A	N/A	$1,870

Troutville, VA—24175

Key Metrics at a Glance

Other Zip Codes in Troutville, VA

Home Price Trends — Troutville, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Troutville, VA

% of Rental Stock

Property Listings — Troutville, VA

Demographics — Troutville, VA

Race and Ethnicity

Mortgage and Risk — Troutville, VA

Mortgages

Rentals and Section 8 — Troutville, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Troutville, VA

Home Price to Income Ratio

Troutville, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Daleville, VA

Oldfields

Troutville, VA

Roanoke, VA

Fincastle, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$324,000
Median Household Income	$81,900

Troutville, VA—24175

Key Metrics at a Glance

Other Zip Codes in Troutville, VA

Home Price Trends — Troutville, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Troutville, VA

% of Rental Stock

Property Listings — Troutville, VA

Demographics — Troutville, VA

Race and Ethnicity

Mortgage and Risk — Troutville, VA

Mortgages

Rentals and Section 8 — Troutville, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Troutville, VA

Home Price to Income Ratio

Troutville, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Daleville, VA

Oldfields

Troutville, VA

Roanoke, VA

Fincastle, VA

Frequently Asked Questions

What is the average home price in Troutville, VA 24175?

How have home prices in Troutville, VA 24175 changed over the past year?

What is the home price projection for Troutville, VA 24175?

What are the demographics of Troutville, VA 24175?

How long does it take homes to sell in Troutville, VA 24175?

What is the average rent price in Troutville, VA 24175?