Tappahannock, VA 22560 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Tappahannock, VA—22560

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$297,000

0.5% YoY Growth

Household Income

$65,400

37.6% YoY Growth

Days on Market

37.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,320

3.9% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,200

N/A

3-Bed Rent

$1,320

15.8% YoY Growth

Home Price Trends — Tappahannock, VA

Tappahannock, VA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$297,000	-0.5%
Single Family	$294,000	-1.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Tappahannock, VA

As of July '25, Rentcast reports the average rent in Tappahannock, VA is $1,580, with a year-over-year rent change of 3.9%. Per bedroom, the median rent as of July '25 in Tappahannock, VA is 2-bedrooms: $1,400, 3-bedrooms: $1,760. The most common rental property sizes in Tappahannock, VA are 2-bedroom and 3-bedroom, accounting for 42.4% and 32.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,320	$1,580
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,200	$1,400
3 Bed Rent	$1,320	$1,760
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.5%

1 Bedroom

18.2%

2 Bedrooms

42.4%

3 Bedrooms

32.9%

4 Bedrooms

3.1%

Property Listings — Tappahannock, VA

As of Nov '25, Realtor.com reports that the median days on market for a home in Tappahannock, VA is 73. This is a increase of 37.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$360,000	-3.0%
Listing Count	41	-4.0%
Listings as % of Homes	1.1%	-4.0%
Days on Market	73	37.0%

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Demographics — Tappahannock, VA

As of the latest ACS Survey released in 2023, Tappahannock, VA has a population of 6,520, which has increased by 1.1% over the past 5 years. Tappahannock, VA is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,520	1.1%
% Under 18	20.9%	3.5%
% Seniors	22.1%	4.7%
% WFH	9.3%	389.5%
% w/ College Degree	18.2%	-7.6%

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As of the latest ACS Survey released in 2023, Tappahannock, VA is a predominantly white area, with 46.5% of the population identifying as white. The white population has shrunk by 11.1% in the last 5 years. The second most common race or ethnicity in Tappahannock, VA is black, making up 45.9% of the population. Foreign-born residents account for 4.6% of the population in Tappahannock, VA, and this percentage has increased by 91.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	46.5%	-11.1%
% Black	45.9%	2.0%
% Hispanic	2.6%	116.7%
% Asian	0.9%	350.0%
% Foreign Born	4.6%	91.7%

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Mortgage and Risk — Tappahannock, VA

According to HUD data as of 2023, there were 129 mortgage originations in Tappahannock, VA, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Tappahannock, VA. Investor activity is low, as 2.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	129
% Conventional Loans	54.0%
% Government Loans	46.0%
% Investor Loans	2.0%
% Second Loans	4.0%
% Cash Out Refinance	22.0%

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Rentals and Section 8 — Tappahannock, VA

Tappahannock, VA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	42
Total Units Section 8	42
% Rentals under Section 8	4.8%
% Occupied Section 8	88.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$880
2 Bedroom	-$130	$1,200	$1,070
3 Bedroom	$180	$1,320	$1,500
4 Bedroom	N/A	N/A	$1,760

Tappahannock, VA—22560

Key Metrics at a Glance

Home Price Trends — Tappahannock, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tappahannock, VA

% of Rental Stock

Property Listings — Tappahannock, VA

Demographics — Tappahannock, VA

Race and Ethnicity

Mortgage and Risk — Tappahannock, VA

Mortgages

Rentals and Section 8 — Tappahannock, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Tappahannock, VA

Home Price to Income Ratio

Tappahannock, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Aylett, VA

Powcan, VA

Newtown, VA

Walkerton, VA

Stevensville, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.2
Median Home Price	$297,000
Median Household Income	$65,400

Tappahannock, VA—22560

Key Metrics at a Glance

Home Price Trends — Tappahannock, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tappahannock, VA

% of Rental Stock

Property Listings — Tappahannock, VA

Demographics — Tappahannock, VA

Race and Ethnicity

Mortgage and Risk — Tappahannock, VA

Mortgages

Rentals and Section 8 — Tappahannock, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Tappahannock, VA

Home Price to Income Ratio

Tappahannock, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Aylett, VA

Powcan, VA

Newtown, VA

Walkerton, VA

Stevensville, VA

Frequently Asked Questions

What is the average home price in Tappahannock, VA 22560?

How have home prices in Tappahannock, VA 22560 changed over the past year?

What is the home price projection for Tappahannock, VA 22560?

What are the demographics of Tappahannock, VA 22560?

How long does it take homes to sell in Tappahannock, VA 22560?

What is the average rent price in Tappahannock, VA 22560?