Woodbridge, VA22193

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$501,000
1.9% YoY Growth
Median Household Income
$119,000
23.4% 5-Year Growth
Days on Market
25
49.0% Longer than last year
Home Price Forecast
-0.4%
Median Rent
$2,600
22.2% YoY Growth
1-Bed Rent
$1,500
7.3% YoY Growth
2-Bed Rent
$2,200
14.9% YoY Growth
3-Bed Rent
$2,500
6.6% YoY Growth

Property Listings — Woodbridge, VA

As of Aug '25 and according to Realtor.com, the median days on market for a home in Woodbridge, VA is 25. This is an increase of 49.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 51.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$520,0004.0%
Listing Count
202N/A
Listings as % of Homes0.5%N/A
Days on Market
2549.0%
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Demographics — Woodbridge, VA

MetricLatest CensusYoY % Change
Population
83,8001.5%
% Under 18
27.3%-1.4%
% Under 5N/AN/A
% Seniors
9.7%18.3%
% WFH
13.7%341.9%
% w/ College Degree
34.9%16.7%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
24.6%-23.1%
% Black
23.7%-4.0%
% Hispanic
33.8%11.9%
% Asian
11.7%31.5%
% Foreign Born
31.2%11.0%
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Mortgage and Risk — Woodbridge, VA

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 Woodbridge, VA in that year was 1015. 69.0% 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 67.0%. Of those, 41.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Woodbridge, VA. Investor activity in Woodbridge, VA is low, as 2.0% of all loans are originated by investors. In 2023, 14.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
1,015N/AN/A
% Conventional Loans
69.0%N/AN/A
% Government Loans
31.0%N/AN/A
% Investor Loans
2.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
14.0%N/AN/A
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Rentals and Section 8 — Woodbridge, VA

As of 2024, the percent of homes in Woodbridge, VA under the Section 8 program is 7.1%. This is considered low, suggesting that the neighborhood is sparsely 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
324
Total Units Section 8
324
% Rentals under Section 8
7.1%
% Occupied Section 8
78.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$430$1,500$1,930
2 Bedroom-$30$2,200$2,170
3 Bedroom$210$2,500$2,710
4 Bedroom$300$2,900$3,200

Affordability — Woodbridge, VA

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.8N/AN/A
Median Home Price$501,000N/AN/A
Median Household Income$119,000N/AN/A

Woodbridge, VA — ZIP Code Boundary Map

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