Raphine, VA—24472
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Raphine, VA
Raphine, VA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $347,000 | 3.7% |
| Single Family | $347,000 | 3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $273,000 | 3.0% |
3 Bed | $354,000 | 3.8% |
4 Bed | $511,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Raphine, VA
Raphine, 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 |
% of Rental Stock
Property Listings — Raphine, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Raphine, VA is 123. This is a increase of 14.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $658,000 | -29.0% |
Listing Count | 20 | 83.0% |
| Listings as % of Homes | 1.1% | 83.0% |
Days on Market | 123 | 14.0% |
Demographics — Raphine, VA
As of the latest ACS Survey released in 2023, Raphine, VA has a population of 2,200, which has increased by 16.0% over the past 5 years. Raphine, VA is a less popular place for families, as children make up 9.7% of the population. The area has a poorly educated workforce, with 24.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,200 | 16.0% |
% Under 18 | 9.7% | -45.2% |
% Seniors | 29.0% | -7.9% |
% WFH | 1.5% | -72.2% |
% w/ College Degree | 24.2% | 13.1% |
As of the latest ACS Survey released in 2023, Raphine, VA is a predominantly white area, with 90.1% 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 Raphine, VA is black, making up 0.0% of the population. Foreign-born residents account for 0.5% of the population in Raphine, VA, and this percentage has decreased by 73.7% 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 | 90.1% | -3.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | -73.7% |
Mortgage and Risk — Raphine, VA
Raphine, VA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Raphine, VA
Raphine, 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 | 0.9% |
% 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 | N/A | N/A | $1,040 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,730 |
Affordability — Raphine, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $347,000 |
| Median Household Income | $50,600 |