Donovans Corner, VA—22039
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Donovans Corner, VA
As of Oct '25, the median home price in Donovans Corner, VA is $1,140,000, with a year-over-year change of 1.7%. This indicates that home prices in Donovans Corner, 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 | $1,140,000 | 1.7% |
| Single Family | $1,140,000 | 1.3% |
| 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 | $996,000 | 1.7% |
4 Bed | $1,104,000 | 1.3% |
| 5 Bed | $1,242,000 | 1.4% |
% of Housing Stock
Rental Trends — Donovans Corner, VA
As of July '25, Rentcast reports the average rent in Donovans Corner, VA is $4,840, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in Donovans Corner, VA is 1-bedrooms: $3,000, 2-bedrooms: $2,000, 3-bedrooms: $3,400, 4-bedrooms: $4,810. The most common rental property sizes in Donovans Corner, VA are 4-bedroom and 2-bedroom, accounting for 63.9% and 28.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,500 | $4,840 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $3,000 | $3,000 |
| 2 Bed Rent | $2,000 | $2,000 |
| 3 Bed Rent | $3,400 | $3,400 |
| 4 Bed Rent | $4,500 | $4,810 |
% of Rental Stock
Property Listings — Donovans Corner, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Donovans Corner, VA is 25. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,210,000 | -1.0% |
Listing Count | 41 | 52.0% |
| Listings as % of Homes | 0.2% | 52.0% |
Days on Market | 25 | 25.0% |
Demographics — Donovans Corner, VA
As of the latest ACS Survey released in 2023, Donovans Corner, VA has a population of 19,000, which has increased by 6.1% over the past 5 years. Donovans Corner, VA is a popular place for families, as children make up 26.4% of the population. The area has a highly educated workforce, with 78.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,000 | 6.1% |
% Under 18 | 26.4% | 8.2% |
% Seniors | 19.7% | 14.5% |
% WFH | 23.9% | 159.8% |
% w/ College Degree | 78.1% | 0.5% |
As of the latest ACS Survey released in 2023, Donovans Corner, VA is a predominantly white area, with 69.2% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Donovans Corner, VA is asian, making up 11.5% of the population. Foreign-born residents account for 11.8% of the population in Donovans Corner, VA, and this percentage has decreased by 25.3% 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 | 69.2% | -4.6% |
% Black | 5.3% | -25.4% |
% Hispanic | 7.5% | 82.9% |
% Asian | 11.5% | -8.0% |
% Foreign Born | 11.8% | -25.3% |
Mortgage and Risk — Donovans Corner, VA
According to HUD data as of 2023, there were 345 mortgage originations in Donovans Corner, VA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Donovans Corner, VA. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 345 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Donovans Corner, VA
Donovans Corner, 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 | -$620 | $3,000 | $2,380 |
| 2 Bedroom | $680 | $2,000 | $2,680 |
| 3 Bedroom | -$40 | $3,400 | $3,360 |
| 4 Bedroom | -$540 | $4,500 | $3,960 |
Affordability — Donovans Corner, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $1,140,000 |
| Median Household Income | $250,000 |