Scottsville, VA 24590 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Scottsville, VA—24590

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$351,000

1.1% YoY Growth

Household Income

$88,100

48.0% YoY Growth

Days on Market

19.0% Shorter YoY

Home Price Forecast

0.3%

Median Rent

$1,950

20.6% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,880

N/A

Home Price Trends — Scottsville, VA

As of May '26, the median home price in Scottsville, VA is $351,000, with a year-over-year change of 1.1%. This indicates that home prices in Scottsville, VA are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$351,000	1.1%
Single Family	$351,000	1.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Scottsville, VA

As of July '25, Rentcast reports the average rent in Scottsville, VA is $2,110, with a year-over-year rent change of 20.6%. Per bedroom, the median rent as of July '25 in Scottsville, VA is 3-bedrooms: $1,910, 4-bedrooms: $2,500. The most common rental property sizes in Scottsville, VA are 3-bedroom and 2-bedroom, accounting for 57.4% and 27.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,950	$2,110
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,880	$1,910
4 Bed Rent	$2,500	$2,500

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% of Rental Stock

Studio

1.3%

1 Bedroom

11.0%

2 Bedrooms

27.9%

3 Bedrooms

57.4%

4 Bedrooms

0.9%

5+ Bedrooms

1.5%

Property Listings — Scottsville, VA

As of May '26, Realtor.com reports that the median days on market for a home in Scottsville, VA is 50. This is a decrease of -19.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$552,000	39.0%
Listing Count	48	40.0%
Listings as % of Homes	1.1%	40.0%
Days on Market	50	-19.0%

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Demographics — Scottsville, VA

As of the latest ACS Survey released in 2023, Scottsville, VA has a population of 7,940, which has increased by 2.5% over the past 5 years. Scottsville, VA is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 28.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,940	2.5%
% Under 18	20.6%	-11.2%
% Seniors	18.8%	33.3%
% WFH	15.8%	159.0%
% w/ College Degree	28.7%	25.9%

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As of the latest ACS Survey released in 2023, Scottsville, VA is a predominantly white area, with 77.2% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Scottsville, VA is black, making up 13.4% of the population. Foreign-born residents account for 5.2% of the population in Scottsville, VA, and this percentage has increased by 372.7% 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	77.2%	-4.9%
% Black	13.4%	-10.1%
% Hispanic	4.5%	1,400.0%
% Asian	0.5%	150.0%
% Foreign Born	5.2%	372.7%

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Mortgage and Risk — Scottsville, VA

According to HUD data as of 2023, there were 230 mortgage originations in Scottsville, VA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Scottsville, VA. Investor activity is low, as 3.0% 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	230
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	3.0%
% Second Loans	2.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Scottsville, VA

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

Section 8 Market Size

Total Units under HUD	46
Total Units Section 8	12
% Rentals under Section 8	2.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,280
2 Bedroom	N/A	N/A	$1,520
3 Bedroom	$30	$1,880	$1,910
4 Bedroom	-$150	$2,500	$2,350

Scottsville, VA—24590

Key Metrics at a Glance

Home Price Trends — Scottsville, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Scottsville, VA

% of Rental Stock

Property Listings — Scottsville, VA

Demographics — Scottsville, VA

Race and Ethnicity

Mortgage and Risk — Scottsville, VA

Mortgages

Rentals and Section 8 — Scottsville, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Scottsville, VA

Home Price to Income Ratio

Scottsville, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Browntown, VA

Esmont, VA

Charlottesville, VA

Howardsville, VA

Palmyra, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$351,000
Median Household Income	$88,100

Scottsville, VA—24590

Key Metrics at a Glance

Home Price Trends — Scottsville, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Scottsville, VA

% of Rental Stock

Property Listings — Scottsville, VA

Demographics — Scottsville, VA

Race and Ethnicity

Mortgage and Risk — Scottsville, VA

Mortgages

Rentals and Section 8 — Scottsville, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Scottsville, VA

Home Price to Income Ratio

Scottsville, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Browntown, VA

Esmont, VA

Charlottesville, VA

Howardsville, VA

Palmyra, VA

Frequently Asked Questions

What is the average home price in Scottsville, VA 24590?

How have home prices in Scottsville, VA 24590 changed over the past year?

What is the home price projection for Scottsville, VA 24590?

What are the demographics of Scottsville, VA 24590?

How long does it take homes to sell in Scottsville, VA 24590?

What is the average rent price in Scottsville, VA 24590?