Oilville, VA—23129
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oilville, VA
As of Oct '25, the median home price in Oilville, VA is $662,000, with a year-over-year change of 2.1%. This indicates that home prices in Oilville, VA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $662,000 | 2.1% |
| Single Family | $662,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oilville, VA
Oilville, 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 — Oilville, VA
Oilville, VA lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | 1.3% | N/A |
Days on Market | N/A | N/A |
Demographics — Oilville, VA
As of the latest ACS Survey released in 2023, Oilville, VA has a population of 394, which has decreased by -37.7% over the past 5 years. Oilville, VA is a less popular place for families, as children make up 14.0% of the population. The area has a highly educated workforce, with 53.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 37.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 394 | -37.7% |
% Under 18 | 14.0% | -61.0% |
% Seniors | 3.8% | -77.8% |
% WFH | 37.1% | 363.8% |
% w/ College Degree | 53.4% | -8.7% |
As of the latest ACS Survey released in 2023, Oilville, VA is a predominantly white area, with 83.2% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Oilville, VA is black, making up 16.8% of the population. Foreign-born residents account for 3.0% of the population in Oilville, VA, and this percentage has increased by 172.7% 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 | 83.2% | -6.9% |
% Black | 16.8% | 290.7% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.0% | 172.7% |
Mortgage and Risk — Oilville, VA
Oilville, VA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Oilville, VA
Oilville, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,540 |
| 2 Bedroom | N/A | N/A | $1,710 |
| 3 Bedroom | N/A | N/A | $2,170 |
| 4 Bedroom | N/A | N/A | $2,670 |
Affordability — Oilville, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $662,000 |
| Median Household Income | $138,000 |