Sumerduck, VA—22742

As of Aug '25, the median home price in Sumerduck, VA is $519,000, with a year-over-year change of 4.9%. This indicates that home prices in Sumerduck, VA are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

As of Aug '25 and according to Realtor.com, the median days on market for a home in Sumerduck, VA is 47. This is an decrease of -1.0% from last year. This indicates that homes are sitting on the market about the same amount of time 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.

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 Sumerduck, VA in that year was 45. 67.0% 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, 38.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Sumerduck, VA. Investor activity in Sumerduck, VA is low, as 2.0% of all loans are originated by investors. In 2023, 22.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.