Meadowview, VA—24361
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Meadowview, VA
As of Oct '25, the median home price in Meadowview, VA is $221,000, with a year-over-year change of -0.5%. This indicates that home prices in Meadowview, VA are flat. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | -0.5% |
| Single Family | $221,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $162,000 | -1.8% |
3 Bed | $233,000 | -0.4% |
4 Bed | $303,000 | 2.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Meadowview, VA
As of July '25, Rentcast reports the average rent in Meadowview, VA is $900, with a year-over-year rent change of -10.0%. Per bedroom, the median rent as of July '25 in Meadowview, VA is 2-bedrooms: $800, 3-bedrooms: $1,000. The most common rental property sizes in Meadowview, VA are 2-bedroom and 3-bedroom, accounting for 35.7% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $800 | $800 |
| 3 Bed Rent | $1,000 | $1,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Meadowview, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Meadowview, VA is 62. This is a decrease of -30.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $342,000 | -12.0% |
Listing Count | 9 | -29.0% |
| Listings as % of Homes | 0.2% | -29.0% |
Days on Market | 62 | -30.0% |
Demographics — Meadowview, VA
As of the latest ACS Survey released in 2023, Meadowview, VA has a population of 4,640, which has decreased by -25.4% over the past 5 years. Meadowview, VA is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 20.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,640 | -25.4% |
% Under 18 | 20.7% | 7.3% |
% Seniors | 16.1% | -23.7% |
% WFH | 3.5% | -36.4% |
% w/ College Degree | 20.3% | 32.7% |
As of the latest ACS Survey released in 2023, Meadowview, VA is a predominantly white area, with 97.8% of the population identifying as white. The white population has grown by 7.0% in the last 5 years. The second most common race or ethnicity in Meadowview, VA is hispanic, making up 0.6% of the population. Foreign-born residents account for 0.8% of the population in Meadowview, VA, and this percentage has decreased by 60.0% 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 | 97.8% | 7.0% |
% Black | 0.4% | -90.7% |
% Hispanic | 0.6% | -50.0% |
% Asian | 0.4% | -20.0% |
% Foreign Born | 0.8% | -60.0% |
Mortgage and Risk — Meadowview, VA
According to HUD data as of 2023, there were 35 mortgage originations in Meadowview, VA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Meadowview, VA. Investor activity is low, as 9.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Meadowview, VA
Meadowview, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | $330 | $800 | $1,130 |
| 3 Bedroom | $460 | $1,000 | $1,460 |
| 4 Bedroom | N/A | N/A | $1,670 |
Affordability — Meadowview, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $221,000 |
| Median Household Income | $68,900 |