Bland, VA—24315
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Bland, VA
Home Price Trends — Bland, VA
As of Oct '25, the median home price in Bland, VA is $186,000, with a year-over-year change of 5.2%. This indicates that home prices in Bland, VA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $186,000 | 5.2% |
| Single Family | $186,000 | 6.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $130,000 | 1.6% |
3 Bed | $197,000 | 6.5% |
4 Bed | $260,000 | 11.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bland, VA
Bland, 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 — Bland, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bland, VA is 88. This is a increase of 34.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | -29.0% |
Listing Count | 7 | -23.0% |
| Listings as % of Homes | 0.3% | -23.0% |
Days on Market | 88 | 34.0% |
Demographics — Bland, VA
As of the latest ACS Survey released in 2023, Bland, VA has a population of 3,790, which has increased by 6.9% over the past 5 years. Bland, VA is a less popular place for families, as children make up 13.4% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,790 | 6.9% |
% Under 18 | 13.4% | -23.4% |
% Seniors | 20.8% | 19.5% |
% WFH | 4.8% | 182.4% |
% w/ College Degree | 16.2% | 14.1% |
As of the latest ACS Survey released in 2023, Bland, VA is a predominantly white area, with 90.8% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Bland, VA is black, making up 6.6% of the population. Foreign-born residents account for 0.4% of the population in Bland, 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 | 90.8% | -4.7% |
% Black | 6.6% | 112.9% |
% Hispanic | 1.1% | 266.7% |
% Asian | 0.4% | 300.0% |
% Foreign Born | 0.4% | 300.0% |
Mortgage and Risk — Bland, VA
According to HUD data as of 2023, there were 36 mortgage originations in Bland, VA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Bland, VA. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 36 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Bland, VA
Bland, 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 | $730 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Bland, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $186,000 |
| Median Household Income | $64,000 |