The Plains, VA 20198 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

The Plains, VA—20198

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$915,000

2.9% YoY Growth

Household Income

$82,000

3.4% YoY Growth

Days on Market

149

46.0% Longer YoY

Home Price Forecast

0.4%

Median Rent

$2,750

4.2% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$2,750

17.9% YoY Growth

3-Bed Rent

$2,750

5.8% YoY Growth

Home Price Trends — The Plains, VA

As of Dec '25, the median home price in The Plains, VA is $915,000, with a year-over-year change of 2.9%. This indicates that home prices in The Plains, VA are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$915,000	2.9%
Single Family	$914,000	3.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — The Plains, VA

As of July '25, Rentcast reports the average rent in The Plains, VA is $2,750, with a year-over-year rent change of -4.2%. Per bedroom, the median rent as of July '25 in The Plains, VA is 2-bedrooms: $2,750, 3-bedrooms: $2,750. The most common rental property sizes in The Plains, VA are 2-bedroom and 1-bedroom, accounting for 55.7% and 17.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,750	$2,750
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$2,750	$2,750
3 Bed Rent	$2,750	$2,750
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

17.2%

2 Bedrooms

55.7%

3 Bedrooms

12.6%

4 Bedrooms

14.6%

Property Listings — The Plains, VA

As of Dec '25, Realtor.com reports that the median days on market for a home in The Plains, VA is 101. This is a decrease of -24.0% 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	$2,200,000	-24.0%
Listing Count	10	-11.0%
Listings as % of Homes	0.7%	-11.0%
Days on Market	149	46.0%

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Demographics — The Plains, VA

As of the latest ACS Survey released in 2023, The Plains, VA has a population of 2,180, which has remained stable by 0.1% over the past 5 years. The Plains, VA is a moderately popular place for families, as children make up 17.8% of the population. The area has a highly educated workforce, with 48.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,180	0.1%
% Under 18	17.8%	-8.7%
% Seniors	26.5%	3.1%
% WFH	21.7%	274.1%
% w/ College Degree	48.7%	32.3%

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As of the latest ACS Survey released in 2023, The Plains, VA is a predominantly white area, with 83.5% of the population identifying as white. The white population has grown by 4.5% in the last 5 years. The second most common race or ethnicity in The Plains, VA is hispanic, making up 14.0% of the population. Foreign-born residents account for 10.5% of the population in The Plains, VA, and this percentage has decreased by 5.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	83.5%	4.5%
% Black	1.0%	-63.0%
% Hispanic	14.0%	-11.4%
% Asian	0.5%	∞%
% Foreign Born	10.5%	-5.4%

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Mortgage and Risk — The Plains, VA

According to HUD data as of 2023, there were 27 mortgage originations in The Plains, VA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in The Plains, VA. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	27
% Conventional Loans	85.0%
% Government Loans	15.0%
% Investor Loans	0.0%
% Second Loans	19.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — The Plains, VA

The Plains, 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	0.3%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,890
2 Bedroom	-$620	$2,750	$2,130
3 Bedroom	-$80	$2,750	$2,670
4 Bedroom	N/A	N/A	$3,140

The Plains, VA—20198

Key Metrics at a Glance

Home Price Trends — The Plains, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — The Plains, VA

% of Rental Stock

Property Listings — The Plains, VA

Demographics — The Plains, VA

Race and Ethnicity

Mortgage and Risk — The Plains, VA

Mortgages

Rentals and Section 8 — The Plains, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — The Plains, VA

Home Price to Income Ratio

The Plains, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Broad Run, VA

Haymarket, VA

Middleburg, VA

Marshall, VA

Gainesville, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	10.1
Median Home Price	$915,000
Median Household Income	$82,000

The Plains, VA—20198

Key Metrics at a Glance

Home Price Trends — The Plains, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — The Plains, VA

% of Rental Stock

Property Listings — The Plains, VA

Demographics — The Plains, VA

Race and Ethnicity

Mortgage and Risk — The Plains, VA

Mortgages

Rentals and Section 8 — The Plains, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — The Plains, VA

Home Price to Income Ratio

The Plains, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Broad Run, VA

Haymarket, VA

Middleburg, VA

Marshall, VA

Gainesville, VA

Frequently Asked Questions

What is the average home price in The Plains, VA 20198?

How have home prices in The Plains, VA 20198 changed over the past year?

What is the home price projection for The Plains, VA 20198?

What are the demographics of The Plains, VA 20198?

How long does it take homes to sell in The Plains, VA 20198?

What is the average rent price in The Plains, VA 20198?