Hillsville16132

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$93,000
1.2% YoY Growth
Median Household Income
$51,300
N/A
Days on Market
143
N/A
Home Price Forecast
0.0%
Median 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

Property Listings — Hillsville

As of Aug '25 and according to Realtor.com, the median days on market for a home in Hillsville is 143. This is an insufficient data of NA from last year. This indicates that homes are sitting on the market insufficient data to determine a trend than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$49,900N/A
Listing Count
2N/A
Listings as % of Homes0.4%N/A
Days on Market
143N/A
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Demographics — Hillsville

MetricLatest CensusYoY % Change
Population
3705.1%
% Under 18
17.0%-55.7%
% Under 5N/AN/A
% Seniors
21.6%1,170.6%
% WFH
11.6%∞%
% w/ College Degree
14.7%0.0%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.4%-4.6%
% Black
0.0%N/A
% Hispanic
0.0%N/A
% Asian
0.0%N/A
% Foreign Born
5.7%∞%
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Mortgage and Risk — Hillsville

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Hillsville in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Hillsville. Investor activity in Hillsville is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Hillsville

As of 2024, the percent of homes in Hillsville under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$710
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,290
4 BedroomN/AN/A$1,450

Affordability — Hillsville

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio1.6N/AN/A
Median Home Price$93,000N/AN/A
Median Household Income$51,300N/AN/A

Hillsville — ZIP Code Boundary Map

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