Saltville, VA 24370 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Saltville, VA—24370

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$115,000

2.5% YoY Growth

Household Income

$49,300

57.0% YoY Growth

Days on Market

82

22.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Saltville, VA

Saltville, VA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$115,000	2.5%
Single Family	$115,000	2.7%
Condos	N/A	N/A

Cost per Home Size

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

Rental Trends — Saltville, VA

Saltville, 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

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% of Rental Stock

1 Bedroom

5.3%

2 Bedrooms

36.1%

3 Bedrooms

41.2%

4 Bedrooms

10.2%

5+ Bedrooms

7.3%

Property Listings — Saltville, VA

As of Dec '25, Realtor.com reports that the median days on market for a home in Saltville, VA is 82. This is a decrease of -15.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$134,000	-32.0%
Listing Count	24	12.0%
Listings as % of Homes	0.3%	12.0%
Days on Market	82	-22.0%

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Demographics — Saltville, VA

As of the latest ACS Survey released in 2023, Saltville, VA has a population of 5,740, which has decreased by -13.5% over the past 5 years. Saltville, 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 18.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,740	-13.5%
% Under 18	20.7%	-11.5%
% Seniors	20.8%	13.0%
% WFH	2.5%	400.0%
% w/ College Degree	18.8%	69.4%

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As of the latest ACS Survey released in 2023, Saltville, VA is a predominantly white area, with 97.9% of the population identifying as white. The white population has grown by 2.6% in the last 5 years. The second most common race or ethnicity in Saltville, VA is hispanic, making up 1.6% of the population. Foreign-born residents account for 1.2% of the population in Saltville, VA, and this percentage has decreased by 25.0% 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	97.9%	2.6%
% Black	0.0%	-100.0%
% Hispanic	1.6%	-54.3%
% Asian	0.0%	N/A
% Foreign Born	1.2%	-25.0%

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Mortgage and Risk — Saltville, VA

According to HUD data as of 2023, there were 58 mortgage originations in Saltville, VA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Saltville, VA. Investor activity is low, as 10.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	58
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	10.0%
% Second Loans	2.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — Saltville, VA

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

Section 8 Market Size

Total Units under HUD	72
Total Units Section 8	72
% Rentals under Section 8	14.1%
% Occupied Section 8	83.2%

Section 8 Opportunity

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

Saltville, VA—24370

Key Metrics at a Glance

Home Price Trends — Saltville, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Saltville, VA

% of Rental Stock

Property Listings — Saltville, VA

Demographics — Saltville, VA

Race and Ethnicity

Mortgage and Risk — Saltville, VA

Mortgages

Rentals and Section 8 — Saltville, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Saltville, VA

Home Price to Income Ratio

Saltville, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Cedar Bluff, VA

Asberrys, VA

Cedar Bluff, VA

Chilhowie, VA

Glade Spring, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.1
Median Home Price	$115,000
Median Household Income	$49,300

Saltville, VA—24370

Key Metrics at a Glance

Home Price Trends — Saltville, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Saltville, VA

% of Rental Stock

Property Listings — Saltville, VA

Demographics — Saltville, VA

Race and Ethnicity

Mortgage and Risk — Saltville, VA

Mortgages

Rentals and Section 8 — Saltville, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Saltville, VA

Home Price to Income Ratio

Saltville, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Cedar Bluff, VA

Asberrys, VA

Cedar Bluff, VA

Chilhowie, VA

Glade Spring, VA

Frequently Asked Questions

What is the average home price in Saltville, VA 24370?

How have home prices in Saltville, VA 24370 changed over the past year?

What is the home price projection for Saltville, VA 24370?

What are the demographics of Saltville, VA 24370?

How long does it take homes to sell in Saltville, VA 24370?

What is the average rent price in Saltville, VA 24370?