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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
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Saltville, VA

Saltville, VA lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$115,0002.5%
Single Family $115,0002.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    		$81,0000.0%
    3 Bed
    		$132,0004.8%
    4 Bed
    		$161,0003.9%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    3.1%
    2 Bedrooms
    27.0%
    3 Bedrooms
    55.1%
    4 Bedrooms
    12.1%
    5+ Bedrooms
    2.8%

    Rental Trends — Saltville, VA

    Saltville, VA lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$134,000-32.0%
    Listing Count
    		2412.0%
    Listings as % of Homes0.3%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.

    MetricLatest CensusYoY % 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

    MetricLatest Census5-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

    MetricZip 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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$760
    2 BedroomN/AN/A$900
    3 BedroomN/AN/A$1,160
    4 BedroomN/AN/A$1,400

    Affordability — Saltville, VA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.1
    Median Home Price$115,000
    Median Household Income$49,300

    Saltville, VA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Cedar Bluff, VA

    24637

    Asberrys, VA

    24377

    Cedar Bluff, VA

    24609

    Chilhowie, VA

    24319

    Glade Spring, VA

    24340

    Frequently Asked Questions