Vinton, VA24179

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$275,000
3.5% YoY Growth
Median Household Income
$69,500
30.8% 5-Year Growth
Days on Market
53
52.0% Longer than last year
Home Price Forecast
2.0%
Median Rent
$1,150
2.4% YoY Growth
1-Bed Rent
$875
0.4% YoY Growth
2-Bed Rent
$1,150
29.1% YoY Growth
3-Bed Rent
$1,650
8.2% YoY Growth

Property Listings — Vinton, VA

As of Oct '25, Realtor.com reports that the median days on market for a home in Vinton, VA is 53. This is a increase of 52.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$319,000-6.0%
Listing Count
682.0%
Listings as % of Homes0.5%2.0%
Days on Market
5352.0%
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Demographics — Vinton, VA

As of the latest ACS Survey released in 2023, Vinton, VA has a population of 18,800, which has increased by 2.3% over the past 5 years. Vinton, VA is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
18,8002.3%
% Under 18
21.8%6.3%
% Seniors
21.9%0.9%
% WFH
14.5%291.9%
% w/ College Degree
22.8%14.6%
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As of the latest ACS Survey released in 2023, Vinton, VA is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Vinton, VA is black, making up 3.3% of the population. Foreign-born residents account for 2.3% of the population in Vinton, VA, and this percentage has decreased by 17.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
90.3%-0.7%
% Black
3.3%3.1%
% Hispanic
2.7%12.5%
% Asian
0.6%-72.7%
% Foreign Born
2.3%-17.9%
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Mortgage and Risk — Vinton, VA

According to HUD data as of 2023, there were 465 mortgage originations in Vinton, VA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Vinton, VA. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
465
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Vinton, VA

As of 2024, the percent of homes in Vinton, VA under the Section 8 program is 12.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Vinton, VA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
345
Total Units Section 8
272
% Rentals under Section 8
12.3%
% Occupied Section 8
89.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$25$875$900
2 Bedroom-$90$1,150$1,060
3 Bedroom-$170$1,650$1,480
4 Bedroom-$690$2,400$1,710

Affordability — Vinton, VA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.4
Median Home Price$275,000
Median Household Income$69,500

Vinton, VA — ZIP Code Boundary Map

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Frequently Asked Questions