Stephenson, VA—22656
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stephenson, VA
As of Nov '25, the median home price in Stephenson, VA is $476,000, with a year-over-year change of 1.8%. This indicates that home prices in Stephenson, VA are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $476,000 | 1.8% |
| Single Family | $476,000 | 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 | $292,000 | -1.0% |
3 Bed | $413,000 | 1.0% |
4 Bed | $538,000 | 0.6% |
| 5 Bed | $607,607 | 0.6% |
% of Housing Stock
Rental Trends — Stephenson, VA
As of July '25, Rentcast reports the average rent in Stephenson, VA is $2,530, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in Stephenson, VA is 3-bedrooms: $2,400, 4-bedrooms: $2,440. The most common rental property sizes in Stephenson, VA are 3-bedroom and 4-bedroom, accounting for 58.4% and 33.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,480 | $2,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,400 | $2,400 |
| 4 Bed Rent | $2,380 | $2,440 |
% of Rental Stock
Property Listings — Stephenson, VA
As of Nov '25, Realtor.com reports that the median days on market for a home in Stephenson, VA is 43. This is a increase of 21.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $540,000 | 12.0% |
Listing Count | 48 | 34.0% |
| Listings as % of Homes | 1.2% | 34.0% |
Days on Market | 43 | 21.0% |
Demographics — Stephenson, VA
As of the latest ACS Survey released in 2023, Stephenson, VA has a population of 5,160, which has increased by 55.0% over the past 5 years. Stephenson, VA is a popular place for families, as children make up 25.7% of the population. The area has a highly educated workforce, with 47.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,160 | 55.0% |
% Under 18 | 25.7% | 2.8% |
% Seniors | 15.3% | -12.1% |
% WFH | 14.5% | 400.0% |
% w/ College Degree | 47.6% | 75.6% |
As of the latest ACS Survey released in 2023, Stephenson, VA is a predominantly white area, with 77.3% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Stephenson, VA is hispanic, making up 8.4% of the population. Foreign-born residents account for 11.5% of the population in Stephenson, VA, and this percentage has increased by 47.4% 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 | 77.3% | -1.5% |
% Black | 4.5% | -19.6% |
% Hispanic | 8.4% | 6.3% |
% Asian | 8.0% | 0.0% |
% Foreign Born | 11.5% | 47.4% |
Mortgage and Risk — Stephenson, VA
According to HUD data as of 2023, there were 194 mortgage originations in Stephenson, VA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Stephenson, VA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 194 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Rentals and Section 8 — Stephenson, VA
Stephenson, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,850 |
| 2 Bedroom | N/A | N/A | $2,310 |
| 3 Bedroom | $470 | $2,400 | $2,870 |
| 4 Bedroom | $1,500 | $2,380 | $3,880 |
Affordability — Stephenson, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $476,000 |
| Median Household Income | $111,000 |