Center Cross, VA22437

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$288,000
2.1% YoY Growth
Median Household Income
$102,000
79.6% 5-Year Growth
Days on Market
49
123.0% Longer than last year
Home Price Forecast
N/A
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 — Center Cross, VA

As of Aug '25 and according to Realtor.com, the median days on market for a home in Center Cross, VA is 49. This is an increase of 123.0% 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 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
$374,000-20.0%
Listing Count
6N/A
Listings as % of Homes1.5%N/A
Days on Market
49123.0%
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Demographics — Center Cross, VA

MetricLatest CensusYoY % Change
Population
631-47.1%
% Under 18
4.3%-86.3%
% Under 5N/AN/A
% Seniors
37.4%175.0%
% WFH
49.6%∞%
% w/ College Degree
36.6%1,491.3%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
65.1%-5.0%
% Black
0.0%-100.0%
% Hispanic
34.9%96.1%
% Asian
0.0%N/A
% Foreign Born
0.8%∞%
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Mortgage and Risk — Center Cross, 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 Center Cross, VA 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 Center Cross, VA. Investor activity in Center Cross, VA 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 — Center Cross, VA

As of 2024, the percent of homes in Center Cross, VA under the Section 8 program is 4.4%. 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
1
Total Units Section 8
1
% Rentals under Section 8
4.4%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$880
2 BedroomN/AN/A$1,010
3 BedroomN/AN/A$1,390
4 BedroomN/AN/A$1,540

Affordability — Center Cross, VA

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.6N/AN/A
Median Home Price$288,000N/AN/A
Median Household Income$102,000N/AN/A

Center Cross, VA — ZIP Code Boundary Map

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