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Triangle, VA—22172

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$538,000
0.2% YoY Growth
Household Income
$113,000
59.6% YoY Growth
Days on Market
39
39.0% Longer YoY
Home Price Forecast
-0.2%
Median Rent
$2,900
30.6% YoY Growth
1-Bed Rent
$1,500
6.2% YoY Growth
2-Bed Rent
$1,730
19.5% YoY Growth
3-Bed Rent
$2,500
10.8% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Triangle, VA

As of May '26, the median home price in Triangle, VA is $538,000, with a year-over-year change of -0.2%. This indicates that home prices in Triangle, VA are flat. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$538,000-0.2%
Single Family $563,0000.2%
Condos $364,0000.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • $138,000
    -6.8%
    2 Bed
    $341,000-1.2%
    3 Bed
    $423,0000.0%
    4 Bed
    $652,0000.5%
    5 Bed $757,0020.3%
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    % of Housing Stock

    Studio
    2.1%
    1 Bedroom
    8.7%
    2 Bedrooms
    20.8%
    3 Bedrooms
    17.5%
    4 Bedrooms
    37.6%
    5+ Bedrooms
    13.4%

    Rental Trends — Triangle, VA

    As of July '25, Rentcast reports the average rent in Triangle, VA is $2,690, with a year-over-year rent change of 30.6%. Per bedroom, the median rent as of July '25 in Triangle, VA is 1-bedrooms: $1,530, 2-bedrooms: $2,210, 3-bedrooms: $2,660, 4-bedrooms: $3,450. The most common rental property sizes in Triangle, VA are 2-bedroom and 1-bedroom, accounting for 49.6% and 20.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,900$2,690
    Studio Rent N/AN/A
    1 Bed Rent $1,500$1,530
    2 Bed Rent $1,730$2,210
    3 Bed Rent $2,500$2,660
    4 Bed Rent $3,600$3,450
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    % of Rental Stock

    Studio
    6.3%
    1 Bedroom
    20.9%
    2 Bedrooms
    49.6%
    3 Bedrooms
    16.7%
    4 Bedrooms
    6.6%

    Property Listings — Triangle, VA

    As of May '26, Realtor.com reports that the median days on market for a home in Triangle, VA is 39. This is a increase of 39.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $638,00019.0%
    Listing Count
    4437.0%
    Listings as % of Homes0.8%37.0%
    Days on Market
    3939.0%
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    Demographics — Triangle, VA

    As of the latest ACS Survey released in 2023, Triangle, VA has a population of 12,000, which has increased by 19.3% over the past 5 years. Triangle, VA is a popular place for families, as children make up 26.1% of the population. The area has a moderately educated workforce, with 41.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    12,00019.3%
    % Under 18
    26.1%-2.6%
    % Seniors
    7.5%2.7%
    % WFH
    11.8%268.7%
    % w/ College Degree
    41.4%28.2%
    Loading chart...

    As of the latest ACS Survey released in 2023, Triangle, VA is a predominantly black area, with 40.9% of the population identifying as black. The black population has grown by 15.5% in the last 5 years. The second most common race or ethnicity in Triangle, VA is hispanic, making up 21.6% of the population. Foreign-born residents account for 24.9% of the population in Triangle, VA, and this percentage has increased by 0.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    21.4%-22.2%
    % Black
    40.9%15.5%
    % Hispanic
    21.6%-15.0%
    % Asian
    13.5%117.7%
    % Foreign Born
    24.9%0.8%
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    Mortgage and Risk — Triangle, VA

    According to HUD data as of 2023, there were 249 mortgage originations in Triangle, VA, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Triangle, VA. Investor activity is low, as 5.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    249
    % Conventional Loans
    63.0%
    % Government Loans
    37.0%
    % Investor Loans
    5.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    16.0%
    Loading chart...
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    Rentals and Section 8 — Triangle, VA

    As of 2024, the percent of homes in Triangle, VA under the Section 8 program is 6.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Triangle, VA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

    Section 8 Market Size

    Total Units under HUD
    91
    Total Units Section 8
    71
    % Rentals under Section 8
    6.7%
    % Occupied Section 8
    78.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$10$1,500$1,490
    2 Bedroom-$50$1,730$1,680
    3 Bedroom-$400$2,500$2,100
    4 Bedroom-$1,120$3,600$2,480

    Affordability — Triangle, VA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.4
    Median Home Price$538,000
    Median Household Income$113,000

    Triangle, VA — ZIP Code Boundary Map

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