Southland Acres 24515 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Southland Acres—24515

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

N/A

Household Income

N/A

Days on Market

N/A

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 — Southland Acres

Southland Acres lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

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

Rental Trends — Southland Acres

Southland Acres 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

Loading chart...

No data available

Property Listings — Southland Acres

Southland Acres lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	N/A	N/A
Listing Count	N/A	N/A
Listings as % of Homes	N/A	N/A
Days on Market	N/A	N/A

Loading chart...

Demographics — Southland Acres

Southland Acres lacks sufficient demographic data for analysis.

Metric	Latest Census	YoY % Change
Population	6,080	N/A
% Under 18	0.5%	N/A
% Seniors	0.0%	N/A
% WFH	17.9%	N/A
% w/ College Degree	46.3%	N/A

Loading chart...

Southland Acres lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	63.7%	N/A
% Black	14.1%	N/A
% Hispanic	8.5%	N/A
% Asian	7.4%	N/A
% Foreign Born	6.2%	N/A

Loading chart...

Mortgage and Risk — Southland Acres

According to HUD data as of 2023, there were 4 mortgage originations in Southland Acres, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Southland Acres. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	4
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	0.0%

Loading chart...

Rentals and Section 8 — Southland Acres

Southland Acres lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,290
2 Bedroom	N/A	N/A	$1,460
3 Bedroom	N/A	N/A	$2,000
4 Bedroom	N/A	N/A	$2,170

Southland Acres—24515

Key Metrics at a Glance

Home Price Trends — Southland Acres

Cost per Home Type

Cost per Home Size

Rental Trends — Southland Acres

Property Listings — Southland Acres

Demographics — Southland Acres

Race and Ethnicity

Mortgage and Risk — Southland Acres

Mortgages

Rentals and Section 8 — Southland Acres

Section 8 Market Size

Section 8 Opportunity

Affordability — Southland Acres

Home Price to Income Ratio

Southland Acres — ZIP Code Boundary Map

Nearby ZIP Codes

Lynchburg, VA

Lynchburg, VA

Lynchburg, VA

Rustburg, VA

Lynchburg, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	N/A

Southland Acres—24515

Key Metrics at a Glance

Home Price Trends — Southland Acres

Cost per Home Type

Cost per Home Size

Rental Trends — Southland Acres

Property Listings — Southland Acres

Demographics — Southland Acres

Race and Ethnicity

Mortgage and Risk — Southland Acres

Mortgages

Rentals and Section 8 — Southland Acres

Section 8 Market Size

Section 8 Opportunity

Affordability — Southland Acres

Home Price to Income Ratio

Southland Acres — ZIP Code Boundary Map

Nearby ZIP Codes

Lynchburg, VA

Lynchburg, VA

Lynchburg, VA

Rustburg, VA

Lynchburg, VA

Frequently Asked Questions

What is the average home price in Southland Acres 24515?

How have home prices in Southland Acres 24515 changed over the past year?

What is the home price projection for Southland Acres 24515?

What are the demographics of Southland Acres 24515?

How long does it take homes to sell in Southland Acres 24515?

What is the average rent price in Southland Acres 24515?