Coeburn, VA—24230
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Coeburn, VA
Home Price Trends — Coeburn, VA
As of Oct '25, the median home price in Coeburn, VA is $111,000, with a year-over-year change of -1.0%. This indicates that home prices in Coeburn, VA are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $111,000 | -1.0% |
| Single Family | $111,000 | -0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $71,000 | -5.3% |
3 Bed | $125,000 | 0.8% |
4 Bed | $166,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Coeburn, VA
As of July '25, Rentcast reports the average rent in Coeburn, VA is $3,500, with a year-over-year rent change of 296.8%. Per bedroom, the median rent as of July '25 in Coeburn, VA is studios: $3,500. The most common rental property sizes in Coeburn, VA are 3-bedroom and 2-bedroom, accounting for 47.5% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,500 |
| Studio Rent | $3,500 | $3,500 |
| 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 — Coeburn, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Coeburn, VA is 121. This is a increase of 4.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | 15.0% |
Listing Count | 25 | 71.0% |
| Listings as % of Homes | 0.5% | 71.0% |
Days on Market | 121 | 4.0% |
Demographics — Coeburn, VA
As of the latest ACS Survey released in 2023, Coeburn, VA has a population of 7,060, which has decreased by -19.9% over the past 5 years. Coeburn, VA is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 14.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,060 | -19.9% |
% Under 18 | 20.4% | -14.6% |
% Seniors | 20.6% | 26.4% |
% WFH | 10.9% | 626.7% |
% w/ College Degree | 14.3% | 55.4% |
As of the latest ACS Survey released in 2023, Coeburn, VA is a predominantly white area, with 93.1% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Coeburn, VA is black, making up 3.3% of the population. Foreign-born residents account for 1.9% of the population in Coeburn, VA, and this percentage has increased by 35.7% 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 | 93.1% | -2.2% |
% Black | 3.3% | 6.5% |
% Hispanic | 1.1% | 37.5% |
% Asian | 0.3% | 0.0% |
% Foreign Born | 1.9% | 35.7% |
Mortgage and Risk — Coeburn, VA
According to HUD data as of 2023, there were 72 mortgage originations in Coeburn, VA, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Coeburn, VA. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 72 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Coeburn, VA
Coeburn, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 277 |
Total Units Section 8 | 220 |
% Rentals under Section 8 | 32.5% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,260 |
| 4 Bedroom | N/A | N/A | $1,590 |
Affordability — Coeburn, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $111,000 |
| Median Household Income | $56,000 |