Manakin Sabot, VA—23103
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Manakin Sabot, VA
As of Oct '25, the median home price in Manakin Sabot, VA is $789,000, with a year-over-year change of 2.9%. This indicates that home prices in Manakin Sabot, VA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $789,000 | 2.9% |
| Single Family | $789,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $660,000 | 2.8% |
4 Bed | $912,000 | 2.5% |
| 5 Bed | $1,393,000 | 4.5% |
% of Housing Stock
Rental Trends — Manakin Sabot, VA
Manakin Sabot, VA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Manakin Sabot, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Manakin Sabot, VA is 56. This is a increase of 10.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $863,000 | 27.0% |
Listing Count | 82 | 126.0% |
| Listings as % of Homes | 1.9% | 126.0% |
Days on Market | 56 | 10.0% |
Demographics — Manakin Sabot, VA
As of the latest ACS Survey released in 2023, Manakin Sabot, VA has a population of 6,660, which has increased by 28.1% over the past 5 years. Manakin Sabot, VA is a moderately popular place for families, as children make up 15.3% of the population. The area has a highly educated workforce, with 55.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,660 | 28.1% |
% Under 18 | 15.3% | 14.2% |
% Seniors | 32.4% | 15.7% |
% WFH | 22.3% | 127.6% |
% w/ College Degree | 55.2% | -1.4% |
As of the latest ACS Survey released in 2023, Manakin Sabot, VA is a predominantly white area, with 81.4% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Manakin Sabot, VA is black, making up 8.7% of the population. Foreign-born residents account for 7.1% of the population in Manakin Sabot, VA, and this percentage has decreased by 26.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.4% | -0.5% |
% Black | 8.7% | -3.3% |
% Hispanic | 3.8% | -7.3% |
% Asian | 4.6% | -6.1% |
% Foreign Born | 7.1% | -26.0% |
Mortgage and Risk — Manakin Sabot, VA
According to HUD data as of 2023, there were 115 mortgage originations in Manakin Sabot, VA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Manakin Sabot, VA. Investor activity is low, as 0.0% 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 | 115 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Manakin Sabot, VA
Manakin Sabot, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,230 |
| 2 Bedroom | N/A | N/A | $1,380 |
| 3 Bedroom | N/A | N/A | $1,770 |
| 4 Bedroom | N/A | N/A | $2,160 |
Affordability — Manakin Sabot, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $789,000 |
| Median Household Income | $135,000 |