Churchville, VA—24421
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Churchville, VA
As of Oct '25, the median home price in Churchville, VA is $334,000, with a year-over-year change of 4.5%. This indicates that home prices in Churchville, 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 | $334,000 | 4.5% |
| Single Family | $334,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $334,000 | 5.0% |
4 Bed | $447,000 | 7.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Churchville, VA
As of July '25, Rentcast reports the average rent in Churchville, VA is $1,650, with a year-over-year rent change of 73.7%. Per bedroom, the median rent as of July '25 in Churchville, VA is 2-bedrooms: $1,100, 3-bedrooms: $2,200. The most common rental property sizes in Churchville, VA are 3-bedroom and 2-bedroom, accounting for 77.4% and 17.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $2,200 | $2,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Churchville, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Churchville, VA is 31. This is a increase of 76.0% 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 55.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $375,000 | -5.0% |
Listing Count | 11 | 3.0% |
| Listings as % of Homes | 0.5% | 3.0% |
Days on Market | 31 | 76.0% |
Demographics — Churchville, VA
As of the latest ACS Survey released in 2023, Churchville, VA has a population of 3,720, which has decreased by -5.4% over the past 5 years. Churchville, VA is a moderately popular place for families, as children make up 15.1% of the population. The area has a poorly educated workforce, with 23.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,720 | -5.4% |
% Under 18 | 15.1% | -17.9% |
% Seniors | 23.8% | 3.0% |
% WFH | 1.9% | -56.8% |
% w/ College Degree | 23.0% | 18.6% |
As of the latest ACS Survey released in 2023, Churchville, VA is a predominantly white area, with 96.8% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Churchville, VA is black, making up 0.8% of the population. Foreign-born residents account for 0.6% of the population in Churchville, VA, and this percentage has increased by Inf% 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 | 96.8% | -1.7% |
% Black | 0.8% | 300.0% |
% Hispanic | 0.6% | 20.0% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.6% | ∞% |
Mortgage and Risk — Churchville, VA
According to HUD data as of 2023, there were 94 mortgage originations in Churchville, VA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Churchville, VA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 94 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Churchville, VA
Churchville, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,050 |
| 2 Bedroom | $100 | $1,100 | $1,200 |
| 3 Bedroom | -$520 | $2,200 | $1,680 |
| 4 Bedroom | N/A | N/A | $1,960 |
Affordability — Churchville, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $334,000 |
| Median Household Income | $91,300 |