Pound, VA—24279
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pound, VA
As of Oct '25, the median home price in Pound, VA is $120,000, with a year-over-year change of 2.0%. This indicates that home prices in Pound, VA are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $120,000 | 2.0% |
| Single Family | $120,000 | 2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $78,000 | -6.0% |
3 Bed | $133,000 | 3.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pound, VA
Pound, 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 — Pound, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pound, VA is 71. This is a increase of 21.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $129,000 | -4.0% |
Listing Count | 11 | 32.0% |
| Listings as % of Homes | 0.2% | 32.0% |
Days on Market | 71 | 21.0% |
Demographics — Pound, VA
As of the latest ACS Survey released in 2023, Pound, VA has a population of 4,680, which has decreased by -12.8% over the past 5 years. Pound, VA is a moderately popular place for families, as children make up 16.4% of the population. The area has a poorly educated workforce, with 9.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,680 | -12.8% |
% Under 18 | 16.4% | -19.6% |
% Seniors | 18.6% | 12.7% |
% WFH | 5.0% | 455.6% |
% w/ College Degree | 9.5% | -4.0% |
As of the latest ACS Survey released in 2023, Pound, VA is a predominantly white area, with 87.7% 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 Pound, VA is black, making up 10.1% of the population. Foreign-born residents account for 0.4% of the population in Pound, VA, and this percentage has increased by 300.0% 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 | 87.7% | 1.6% |
% Black | 10.1% | -12.9% |
% Hispanic | 0.6% | -66.7% |
% Asian | 0.4% | 300.0% |
% Foreign Born | 0.4% | 300.0% |
Mortgage and Risk — Pound, VA
According to HUD data as of 2023, there were 28 mortgage originations in Pound, VA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Pound, VA. Investor activity is low, as 0.0% 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 | 28 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Pound, VA
Pound, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 35 |
Total Units Section 8 | 35 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $670 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | N/A | N/A | $1,130 |
| 4 Bedroom | N/A | N/A | $1,430 |
Affordability — Pound, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $120,000 |
| Median Household Income | $42,300 |