Blairs, VA 24527 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Blairs, VA—24527

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$194,000

3.8% YoY Growth

Household Income

$62,800

11.9% YoY Growth

Days on Market

25.0% Shorter YoY

Home Price Forecast

3.0%

Median Rent

$1,800

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,800

N/A

Home Price Trends — Blairs, VA

As of Dec '25, the median home price in Blairs, VA is $194,000, with a year-over-year change of -3.8%. This indicates that home prices in Blairs, VA are decreasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$194,000	-3.8%
Single Family	$194,000	-3.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Blairs, VA

Blairs, VA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,800
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,800	$1,800
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

9.6%

2 Bedrooms

19.3%

3 Bedrooms

71.1%

Property Listings — Blairs, VA

As of Dec '25, Realtor.com reports that the median days on market for a home in Blairs, VA is 58. This is a decrease of -20.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 80.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$320,000	-13.0%
Listing Count	4	-22.0%
Listings as % of Homes	0.1%	-22.0%
Days on Market	68	-25.0%

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Demographics — Blairs, VA

As of the latest ACS Survey released in 2023, Blairs, VA has a population of 3,190, which has decreased by -3.3% over the past 5 years. Blairs, VA is a popular place for families, as children make up 25.1% of the population. The area has a poorly educated workforce, with 11.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,190	-3.3%
% Under 18	25.1%	31.4%
% Seniors	20.2%	-2.9%
% WFH	2.3%	-48.9%
% w/ College Degree	11.6%	-35.9%

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As of the latest ACS Survey released in 2023, Blairs, VA is a predominantly white area, with 65.9% of the population identifying as white. The white population has grown by 10.9% in the last 5 years. The second most common race or ethnicity in Blairs, VA is black, making up 28.6% of the population. Foreign-born residents account for 0.3% of the population in Blairs, VA, and this percentage has decreased by 94.7% 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	65.9%	10.9%
% Black	28.6%	-18.1%
% Hispanic	2.7%	-42.6%
% Asian	0.0%	N/A
% Foreign Born	0.3%	-94.7%

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Mortgage and Risk — Blairs, VA

According to HUD data as of 2023, there were 35 mortgage originations in Blairs, VA, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Blairs, VA. Investor activity is low, as 3.0% of loans were by investors. 31.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	35
% Conventional Loans	60.0%
% Government Loans	40.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	31.0%

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Rentals and Section 8 — Blairs, VA

Blairs, VA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	28
Total Units Section 8	28
% Rentals under Section 8	N/A
% Occupied Section 8	81.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$770
2 Bedroom	N/A	N/A	$960
3 Bedroom	-$490	$1,800	$1,310
4 Bedroom	N/A	N/A	$1,480

Blairs, VA—24527

Key Metrics at a Glance

Home Price Trends — Blairs, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Blairs, VA

% of Rental Stock

Property Listings — Blairs, VA

Demographics — Blairs, VA

Race and Ethnicity

Mortgage and Risk — Blairs, VA

Mortgages

Rentals and Section 8 — Blairs, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Blairs, VA

Home Price to Income Ratio

Blairs, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Keeling, VA

Danville, VA

Ringgold, VA

Chatham, VA

Dry Fork, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$194,000
Median Household Income	$62,800

Blairs, VA—24527

Key Metrics at a Glance

Home Price Trends — Blairs, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Blairs, VA

% of Rental Stock

Property Listings — Blairs, VA

Demographics — Blairs, VA

Race and Ethnicity

Mortgage and Risk — Blairs, VA

Mortgages

Rentals and Section 8 — Blairs, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Blairs, VA

Home Price to Income Ratio

Blairs, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Keeling, VA

Danville, VA

Ringgold, VA

Chatham, VA

Dry Fork, VA

Frequently Asked Questions

What is the average home price in Blairs, VA 24527?

How have home prices in Blairs, VA 24527 changed over the past year?

What is the home price projection for Blairs, VA 24527?

What are the demographics of Blairs, VA 24527?

How long does it take homes to sell in Blairs, VA 24527?

What is the average rent price in Blairs, VA 24527?