Chilhowie, VA 24319 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Chilhowie, VA—24319

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$190,000

5.6% YoY Growth

Household Income

$49,100

1.3% YoY Growth

Days on Market

104

37.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$750

20.2% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$575

30.3% YoY Growth

3-Bed Rent

$950

N/A

Home Price Trends — Chilhowie, VA

Chilhowie, VA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$190,000	5.6%
Single Family	$190,000	6.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Chilhowie, VA

As of July '25, Rentcast reports the average rent in Chilhowie, VA is $758, with a year-over-year rent change of -20.2%. Per bedroom, the median rent as of July '25 in Chilhowie, VA is 2-bedrooms: $662, 3-bedrooms: $950. The most common rental property sizes in Chilhowie, VA are 2-bedroom and 3-bedroom, accounting for 40.0% and 39.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$750	$758
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$575	$662
3 Bed Rent	$950	$950
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

Studio

1.7%

1 Bedroom

13.6%

2 Bedrooms

40.0%

3 Bedrooms

39.0%

4 Bedrooms

5.8%

Property Listings — Chilhowie, VA

As of Dec '25, Realtor.com reports that the median days on market for a home in Chilhowie, VA is 79. This is a increase of 29.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$245,000	11.0%
Listing Count	18	42.0%
Listings as % of Homes	0.2%	42.0%
Days on Market	104	37.0%

Loading chart...

Demographics — Chilhowie, VA

As of the latest ACS Survey released in 2023, Chilhowie, VA has a population of 6,960, which has decreased by -3.2% over the past 5 years. Chilhowie, VA is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 19.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,960	-3.2%
% Under 18	21.4%	14.4%
% Seniors	24.1%	13.7%
% WFH	3.6%	-26.5%
% w/ College Degree	19.7%	17.3%

Loading chart...

As of the latest ACS Survey released in 2023, Chilhowie, VA is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Chilhowie, VA is black, making up 2.3% of the population. Foreign-born residents account for 1.7% of the population in Chilhowie, VA, and this percentage has increased by 70.0% 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	92.6%	-3.6%
% Black	2.3%	53.3%
% Hispanic	1.9%	5.6%
% Asian	0.3%	∞%
% Foreign Born	1.7%	70.0%

Loading chart...

Mortgage and Risk — Chilhowie, VA

According to HUD data as of 2023, there were 137 mortgage originations in Chilhowie, VA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Chilhowie, VA. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	137
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	4.0%
% Second Loans	1.0%
% Cash Out Refinance	13.0%

Loading chart...

Rentals and Section 8 — Chilhowie, VA

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

Section 8 Market Size

Total Units under HUD	39
Total Units Section 8	39
% Rentals under Section 8	4.4%
% Occupied Section 8	91.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$760
2 Bedroom	$325	$575	$900
3 Bedroom	$210	$950	$1,160
4 Bedroom	N/A	N/A	$1,400

Chilhowie, VA—24319

Key Metrics at a Glance

Home Price Trends — Chilhowie, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Chilhowie, VA

% of Rental Stock

Property Listings — Chilhowie, VA

Demographics — Chilhowie, VA

Race and Ethnicity

Mortgage and Risk — Chilhowie, VA

Mortgages

Rentals and Section 8 — Chilhowie, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Chilhowie, VA

Home Price to Income Ratio

Chilhowie, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Glade Spring, VA

Damascus, VA

Saltville, VA

Emory

Meadowview, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$190,000
Median Household Income	$49,100

Chilhowie, VA—24319

Key Metrics at a Glance

Home Price Trends — Chilhowie, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Chilhowie, VA

% of Rental Stock

Property Listings — Chilhowie, VA

Demographics — Chilhowie, VA

Race and Ethnicity

Mortgage and Risk — Chilhowie, VA

Mortgages

Rentals and Section 8 — Chilhowie, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Chilhowie, VA

Home Price to Income Ratio

Chilhowie, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Glade Spring, VA

Damascus, VA

Saltville, VA

Emory

Meadowview, VA

Frequently Asked Questions

What is the average home price in Chilhowie, VA 24319?

How have home prices in Chilhowie, VA 24319 changed over the past year?

What is the home price projection for Chilhowie, VA 24319?

What are the demographics of Chilhowie, VA 24319?

How long does it take homes to sell in Chilhowie, VA 24319?

What is the average rent price in Chilhowie, VA 24319?