Stuarts Draft, VA—24477
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stuarts Draft, VA
As of Oct '25, the median home price in Stuarts Draft, VA is $341,000, with a year-over-year change of 5.4%. This indicates that home prices in Stuarts Draft, VA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $341,000 | 5.4% |
| Single Family | $341,000 | 5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $244,000 | 4.3% |
3 Bed | $335,000 | 5.3% |
4 Bed | $396,000 | 5.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Stuarts Draft, VA
As of July '25, Rentcast reports the average rent in Stuarts Draft, VA is $2,750, with a year-over-year rent change of 85.8%. Per bedroom, the median rent as of July '25 in Stuarts Draft, VA is 3-bedrooms: $2,000, 4-bedrooms: $3,500. The most common rental property sizes in Stuarts Draft, VA are 2-bedroom and 3-bedroom, accounting for 46.1% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | $3,500 | $3,500 |
% of Rental Stock
Property Listings — Stuarts Draft, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Stuarts Draft, VA is 43. This is a increase of 23.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $379,000 | -4.0% |
Listing Count | 40 | 49.0% |
| Listings as % of Homes | 0.5% | 49.0% |
Days on Market | 43 | 23.0% |
Demographics — Stuarts Draft, VA
As of the latest ACS Survey released in 2023, Stuarts Draft, VA has a population of 11,400, which has increased by 4.6% over the past 5 years. Stuarts Draft, VA is a moderately popular place for families, as children make up 21.3% of the population. The area has a poorly educated workforce, with 20.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,400 | 4.6% |
% Under 18 | 21.3% | 1.9% |
% Seniors | 22.0% | 12.8% |
% WFH | 5.7% | 171.4% |
% w/ College Degree | 20.9% | 3.0% |
As of the latest ACS Survey released in 2023, Stuarts Draft, VA is a predominantly white area, with 91.7% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Stuarts Draft, VA is black, making up 3.2% of the population. Foreign-born residents account for 2.0% of the population in Stuarts Draft, VA, and this percentage has increased by 11.1% 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 | 91.7% | -1.0% |
% Black | 3.2% | 6.7% |
% Hispanic | 1.8% | -10.0% |
% Asian | 0.6% | 100.0% |
% Foreign Born | 2.0% | 11.1% |
Mortgage and Risk — Stuarts Draft, VA
According to HUD data as of 2023, there were 227 mortgage originations in Stuarts Draft, VA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Stuarts Draft, VA. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 227 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Stuarts Draft, VA
Stuarts Draft, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 42 |
Total Units Section 8 | 42 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,270 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | $50 | $2,000 | $2,050 |
| 4 Bedroom | -$1,120 | $3,500 | $2,380 |
Affordability — Stuarts Draft, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $341,000 |
| Median Household Income | $81,200 |