Appomattox, VA—24522
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Appomattox, VA
As of Oct '25, the median home price in Appomattox, VA is $266,000, with a year-over-year change of 1.1%. This indicates that home prices in Appomattox, VA are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $266,000 | 1.1% |
| Single Family | $266,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $183,000 | 0.0% |
3 Bed | $271,000 | 1.5% |
4 Bed | $338,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Appomattox, VA
As of July '25, Rentcast reports the average rent in Appomattox, VA is $2,000, with a year-over-year rent change of 78.6%. Per bedroom, the median rent as of July '25 in Appomattox, VA is 3-bedrooms: $2,000. The most common rental property sizes in Appomattox, VA are 3-bedroom and 2-bedroom, accounting for 47.0% and 34.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,000 |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Appomattox, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Appomattox, VA is 75. This is a increase of 21.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $339,000 | 4.0% |
Listing Count | 57 | 34.0% |
| Listings as % of Homes | 0.6% | 34.0% |
Days on Market | 75 | 21.0% |
Demographics — Appomattox, VA
As of the latest ACS Survey released in 2023, Appomattox, VA has a population of 10,500, which has increased by 13.5% over the past 5 years. Appomattox, VA is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 21.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,500 | 13.5% |
% Under 18 | 22.4% | 4.2% |
% Seniors | 20.4% | -6.4% |
% WFH | 8.9% | 97.8% |
% w/ College Degree | 21.5% | 14.4% |
As of the latest ACS Survey released in 2023, Appomattox, VA is a predominantly white area, with 75.2% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Appomattox, VA is black, making up 18.6% of the population. Foreign-born residents account for 1.6% of the population in Appomattox, VA, and this percentage has increased by 6.7% 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 | 75.2% | -5.9% |
% Black | 18.6% | 12.7% |
% Hispanic | 2.2% | 37.5% |
% Asian | 0.2% | -33.3% |
% Foreign Born | 1.6% | 6.7% |
Mortgage and Risk — Appomattox, VA
According to HUD data as of 2023, there were 299 mortgage originations in Appomattox, VA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Appomattox, VA. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 299 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Appomattox, VA
Appomattox, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 98 |
Total Units Section 8 | 74 |
% Rentals under Section 8 | 7.6% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | -$550 | $2,000 | $1,450 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Appomattox, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $266,000 |
| Median Household Income | $60,800 |