Bandy, VA—24602
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bandy, VA
As of Oct '25, the median home price in Bandy, VA is $52,000, with a year-over-year change of -11.8%. This indicates that home prices in Bandy, VA are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $52,000 | -11.8% |
| Single Family | $52,000 | -14.8% |
| 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 | $65,000 | -14.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bandy, VA
Bandy, 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 — Bandy, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bandy, VA is 1. This is a decrease of -38.0% 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 | $150,000 | 618.0% |
Listing Count | 2 | -12.0% |
| Listings as % of Homes | 0.2% | -12.0% |
Days on Market | 1 | -38.0% |
Demographics — Bandy, VA
As of the latest ACS Survey released in 2023, Bandy, VA has a population of 986, which has increased by 45.9% over the past 5 years. Bandy, VA is a moderately popular place for families, as children make up 19.3% of the population. The area has a poorly educated workforce, with 4.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 986 | 45.9% |
% Under 18 | 19.3% | -13.5% |
% Seniors | 22.5% | 114.3% |
% WFH | 20.8% | ∞% |
% w/ College Degree | 4.3% | -55.7% |
Bandy, VA lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.6% | -3.4% |
% Black | 0.0% | N/A |
% Hispanic | 3.4% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Bandy, VA
Bandy, 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 — Bandy, VA
Bandy, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $660 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | N/A | N/A | $1,030 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Bandy, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1 |
| Median Home Price | $52,000 |
| Median Household Income | $45,300 |