Abingdon, VA 24211 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Abingdon, VA—24211

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$334,000

2.0% YoY Growth

Household Income

$84,600

38.2% YoY Growth

Days on Market

12.0% Shorter YoY

Home Price Forecast

3.3%

Median Rent

$1,260

28.2% YoY Growth

1-Bed Rent

$795

N/A

2-Bed Rent

$900

N/A

3-Bed Rent

$2,500

N/A

Other Zip Codes in Abingdon, VA

24210

Home Price Trends — Abingdon, VA

As of Dec '25, the median home price in Abingdon, VA is $334,000, with a year-over-year change of 2.0%. This indicates that home prices in Abingdon, VA are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$334,000	2.0%
Single Family	$335,000	1.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Abingdon, VA

As of July '25, Rentcast reports the average rent in Abingdon, VA is $1,580, with a year-over-year rent change of -28.2%. Per bedroom, the median rent as of July '25 in Abingdon, VA is 1-bedrooms: $795, 2-bedrooms: $1,080, 3-bedrooms: $2,170. The most common rental property sizes in Abingdon, VA are 2-bedroom and 3-bedroom, accounting for 46.7% and 35.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,260	$1,580
Studio Rent	N/A	N/A
1 Bed Rent	$795	$795
2 Bed Rent	$900	$1,080
3 Bed Rent	$2,500	$2,170
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

Studio

2.6%

1 Bedroom

5.8%

2 Bedrooms

46.7%

3 Bedrooms

35.5%

4 Bedrooms

3.5%

5+ Bedrooms

5.8%

Property Listings — Abingdon, VA

As of Dec '25, Realtor.com reports that the median days on market for a home in Abingdon, VA is 59. This is a decrease of -6.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$550,000	35.0%
Listing Count	55	29.0%
Listings as % of Homes	0.3%	29.0%
Days on Market	77	-12.0%

Loading chart...

Demographics — Abingdon, VA

As of the latest ACS Survey released in 2023, Abingdon, VA has a population of 10,300, which has increased by 10.7% over the past 5 years. Abingdon, VA is a moderately popular place for families, as children make up 16.7% of the population. The area has a moderately educated workforce, with 37.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	10,300	10.7%
% Under 18	16.7%	-4.6%
% Seniors	29.0%	17.4%
% WFH	7.6%	58.3%
% w/ College Degree	37.0%	18.6%

Loading chart...

As of the latest ACS Survey released in 2023, Abingdon, VA is a predominantly white area, with 97.1% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Abingdon, VA is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.7% of the population in Abingdon, VA, and this percentage has decreased by 66.7% 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	97.1%	-0.6%
% Black	0.6%	200.0%
% Hispanic	0.7%	-22.2%
% Asian	0.1%	-83.3%
% Foreign Born	0.7%	-66.7%

Loading chart...

Mortgage and Risk — Abingdon, VA

According to HUD data as of 2023, there were 186 mortgage originations in Abingdon, VA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Abingdon, VA. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	186
% Conventional Loans	86.0%
% Government Loans	14.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	8.0%

Loading chart...

Rentals and Section 8 — Abingdon, VA

Abingdon, VA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	15
Total Units Section 8	15
% Rentals under Section 8	2.2%
% Occupied Section 8	61.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$115	$795	$910
2 Bedroom	$250	$900	$1,150
3 Bedroom	-$1,020	$2,500	$1,480
4 Bedroom	N/A	N/A	$1,700

Abingdon, VA—24211

Key Metrics at a Glance

Other Zip Codes in Abingdon, VA

Home Price Trends — Abingdon, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Abingdon, VA

% of Rental Stock

Property Listings — Abingdon, VA

Demographics — Abingdon, VA

Race and Ethnicity

Mortgage and Risk — Abingdon, VA

Mortgages

Rentals and Section 8 — Abingdon, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Abingdon, VA

Home Price to Income Ratio

Abingdon, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Abingdon, VA

Meadowview, VA

Emory

Bristol, TN

Bristol, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$334,000
Median Household Income	$84,600

Abingdon, VA—24211

Key Metrics at a Glance

Other Zip Codes in Abingdon, VA

Home Price Trends — Abingdon, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Abingdon, VA

% of Rental Stock

Property Listings — Abingdon, VA

Demographics — Abingdon, VA

Race and Ethnicity

Mortgage and Risk — Abingdon, VA

Mortgages

Rentals and Section 8 — Abingdon, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Abingdon, VA

Home Price to Income Ratio

Abingdon, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Abingdon, VA

Meadowview, VA

Emory

Bristol, TN

Bristol, VA

Frequently Asked Questions

What is the average home price in Abingdon, VA 24211?

How have home prices in Abingdon, VA 24211 changed over the past year?

What is the home price projection for Abingdon, VA 24211?

What are the demographics of Abingdon, VA 24211?

How long does it take homes to sell in Abingdon, VA 24211?

What is the average rent price in Abingdon, VA 24211?