Jewell Ridge, VA—24622
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jewell Ridge, VA
Jewell Ridge, VA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $53,000 | -15.8% |
| Single Family | $53,000 | -15.9% |
| 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 | -18.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Jewell Ridge, VA
Jewell Ridge, 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 — Jewell Ridge, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Jewell Ridge, VA is 54. This is a decrease of -63.0% 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 | $299,000 | 206.0% |
Listing Count | 1 | -40.0% |
| Listings as % of Homes | 0.4% | -40.0% |
Days on Market | 54 | -63.0% |
Demographics — Jewell Ridge, VA
As of the latest ACS Survey released in 2023, Jewell Ridge, VA has a population of 606, which has decreased by -31.0% over the past 5 years. Jewell Ridge, VA is a less popular place for families, as children make up 8.3% of the population. The area has a poorly educated workforce, with 10.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 606 | -31.0% |
% Under 18 | 8.3% | -47.5% |
% Seniors | 28.5% | 13.5% |
% WFH | 0.0% | N/A |
% w/ College Degree | 10.8% | 40.3% |
Jewell Ridge, VA lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.4% | -4.3% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Jewell Ridge, VA
According to HUD data as of 2023, there were 8 mortgage originations in Jewell Ridge, VA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Jewell Ridge, VA. Investor activity is low, as 0.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 8 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 25.0% |
Loan Activity
Rentals and Section 8 — Jewell Ridge, VA
Jewell Ridge, 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 | $760 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Jewell Ridge, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $53,000 |
| Median Household Income | $41,000 |