Gladys, VA—24554
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gladys, VA
As of Oct '25, the median home price in Gladys, VA is $202,000, with a year-over-year change of -2.9%. This indicates that home prices in Gladys, VA are decreasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $202,000 | -2.9% |
| Single Family | $202,000 | -2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $221,000 | 0.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gladys, VA
As of July '25, Rentcast reports the average rent in Gladys, VA is $1,530, with a year-over-year rent change of -4.4%. Per bedroom, the median rent as of July '25 in Gladys, VA is 2-bedrooms: $1,100, 4-bedrooms: $1,740. The most common rental property sizes in Gladys, VA are 3-bedroom and 2-bedroom, accounting for 34.6% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,700 | $1,740 |
% of Rental Stock
Property Listings — Gladys, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Gladys, VA is 71. This is a decrease of -14.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $343,000 | 2.0% |
Listing Count | 12 | 42.0% |
| Listings as % of Homes | 0.2% | 42.0% |
Days on Market | 71 | -14.0% |
Demographics — Gladys, VA
As of the latest ACS Survey released in 2023, Gladys, VA has a population of 3,560, which has decreased by -7.9% over the past 5 years. Gladys, VA is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 24.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,560 | -7.9% |
% Under 18 | 21.5% | 4.9% |
% Seniors | 28.4% | 53.5% |
% WFH | 7.7% | 126.5% |
% w/ College Degree | 24.0% | 92.0% |
As of the latest ACS Survey released in 2023, Gladys, VA is a predominantly white area, with 72.3% of the population identifying as white. The white population has shrunk by 8.2% in the last 5 years. The second most common race or ethnicity in Gladys, VA is black, making up 24.4% of the population. Foreign-born residents account for 0.0% of the population in Gladys, VA, and this percentage has decreased by 100.0% 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 | 72.3% | -8.2% |
% Black | 24.4% | 41.0% |
% Hispanic | 1.7% | 183.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Gladys, VA
According to HUD data as of 2023, there were 52 mortgage originations in Gladys, VA, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Gladys, VA. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 52 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Gladys, VA
Gladys, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | -$20 | $1,100 | $1,080 |
| 3 Bedroom | N/A | N/A | $1,480 |
| 4 Bedroom | -$90 | $1,700 | $1,610 |
Affordability — Gladys, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $202,000 |
| Median Household Income | $54,800 |