Vernon Hill, VA—24597
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vernon Hill, VA
Vernon Hill, VA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $151,000 | -0.2% |
| Single Family | $150,000 | 0.7% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Vernon Hill, VA
Vernon Hill, VA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Vernon Hill, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Vernon Hill, VA is 72. This is a decrease of -78.0% 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 | $319,000 | -53.0% |
Listing Count | 2 | 14.0% |
| Listings as % of Homes | 0.7% | 14.0% |
Days on Market | 72 | -78.0% |
Demographics — Vernon Hill, VA
As of the latest ACS Survey released in 2023, Vernon Hill, VA has a population of 851, which has decreased by -21.8% over the past 5 years. Vernon Hill, VA is a moderately popular place for families, as children make up 18.2% of the population. The area has a poorly educated workforce, with 6.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 851 | -21.8% |
% Under 18 | 18.2% | -11.7% |
% Seniors | 19.9% | 50.8% |
% WFH | 9.1% | -9.0% |
% w/ College Degree | 6.5% | -57.8% |
As of the latest ACS Survey released in 2023, Vernon Hill, VA is a predominantly white area, with 55.2% of the population identifying as white. The white population has shrunk by 14.3% in the last 5 years. The second most common race or ethnicity in Vernon Hill, VA is black, making up 22.8% of the population. Foreign-born residents account for 3.3% of the population in Vernon Hill, VA, and this percentage has increased by 560.0% 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 | 55.2% | -14.3% |
% Black | 22.8% | -26.5% |
% Hispanic | 18.1% | 3,520.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.3% | 560.0% |
Mortgage and Risk — Vernon Hill, VA
Vernon Hill, VA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Vernon Hill, VA
Vernon Hill, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $810 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Vernon Hill, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $151,000 |
| Median Household Income | $42,300 |