Union Hall, VA—24176
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Union Hall, VA
As of Oct '25, the median home price in Union Hall, VA is $832,000, with a year-over-year change of 2.8%. This indicates that home prices in Union Hall, VA are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $832,000 | 2.8% |
| Single Family | $852,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $427,000 | -0.2% |
3 Bed | $812,000 | 1.2% |
4 Bed | $1,011,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Union Hall, VA
Union Hall, 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 — Union Hall, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Union Hall, VA is 82. This is a increase of 14.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $849,000 | -19.0% |
Listing Count | 14 | -17.0% |
| Listings as % of Homes | 0.7% | -17.0% |
Days on Market | 82 | 14.0% |
Demographics — Union Hall, VA
As of the latest ACS Survey released in 2023, Union Hall, VA has a population of 1,510, which has increased by 8.6% over the past 5 years. Union Hall, VA is a moderately popular place for families, as children make up 17.1% of the population. The area has a highly educated workforce, with 52.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,510 | 8.6% |
% Under 18 | 17.1% | 54.1% |
% Seniors | 33.5% | -4.0% |
% WFH | 23.1% | 4.1% |
% w/ College Degree | 52.2% | 29.2% |
As of the latest ACS Survey released in 2023, Union Hall, VA is a predominantly white area, with 91.6% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Union Hall, VA is hispanic, making up 4.3% of the population. Foreign-born residents account for 0.0% of the population in Union Hall, 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 | 91.6% | -0.5% |
% Black | 1.8% | -66.0% |
% Hispanic | 4.3% | ∞% |
% Asian | 0.8% | -42.9% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Union Hall, VA
According to HUD data as of 2023, there were 91 mortgage originations in Union Hall, VA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Union Hall, 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 | 91 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 2.0% |
% Second Loans | 25.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Union Hall, VA
Union Hall, 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 | $1,050 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $1,800 |
Affordability — Union Hall, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.5 |
| Median Home Price | $832,000 |
| Median Household Income | $95,200 |