Hurt, VA—24563
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hurt, VA
As of Oct '25, the median home price in Hurt, VA is $173,000, with a year-over-year change of 0.2%. This indicates that home prices in Hurt, VA are flat. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $173,000 | 0.2% |
| Single Family | $173,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $141,000 | -0.7% |
3 Bed | $200,000 | 1.5% |
4 Bed | $247,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hurt, VA
As of July '25, Rentcast reports the average rent in Hurt, VA is $963, with a year-over-year rent change of 24.7%. Per bedroom, the median rent as of July '25 in Hurt, VA is 2-bedrooms: $845, 3-bedrooms: $1,200. The most common rental property sizes in Hurt, VA are 3-bedroom and 2-bedroom, accounting for 51.5% and 35.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $963 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $695 | $845 |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hurt, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Hurt, VA is 51. This is a increase of 25.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $268,000 | -13.0% |
Listing Count | 20 | 139.0% |
| Listings as % of Homes | 0.3% | 139.0% |
Days on Market | 51 | 25.0% |
Demographics — Hurt, VA
As of the latest ACS Survey released in 2023, Hurt, VA has a population of 5,010, which has decreased by -9.3% over the past 5 years. Hurt, VA is a moderately popular place for families, as children make up 17.8% of the population. The area has a poorly educated workforce, with 10.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,010 | -9.3% |
% Under 18 | 17.8% | -6.3% |
% Seniors | 26.5% | 28.6% |
% WFH | 3.4% | 61.9% |
% w/ College Degree | 10.5% | -4.5% |
As of the latest ACS Survey released in 2023, Hurt, VA is a predominantly white area, with 76.5% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Hurt, VA is black, making up 19.7% of the population. Foreign-born residents account for 0.7% of the population in Hurt, VA, and this percentage has decreased by 36.4% 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 | 76.5% | -2.9% |
% Black | 19.7% | 14.5% |
% Hispanic | 2.1% | 133.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.7% | -36.4% |
Mortgage and Risk — Hurt, VA
According to HUD data as of 2023, there were 75 mortgage originations in Hurt, VA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Hurt, VA. Investor activity is low, as 8.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 75 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Hurt, VA
Hurt, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% 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 | $690 |
| 2 Bedroom | $155 | $695 | $850 |
| 3 Bedroom | -$40 | $1,200 | $1,160 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Hurt, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $173,000 |
| Median Household Income | $44,300 |