Port Haywood, VA23138

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$332,000
3.0% YoY Growth
Median Household Income
$76,300
N/A
Days on Market
46
32.0% Shorter than last year
Home Price Forecast
0.9%
Median 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

Property Listings — Port Haywood, VA

As of Aug '25 and according to Realtor.com, the median days on market for a home in Port Haywood, VA is 46. This is an decrease of -32.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$485,000-3.0%
Listing Count
12N/A
Listings as % of Homes0.5%N/A
Days on Market
46-32.0%
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Demographics — Port Haywood, VA

MetricLatest CensusYoY % Change
Population
1,07099.6%
% Under 18
22.5%104.5%
% Under 5N/AN/A
% Seniors
35.5%-23.0%
% WFH
20.9%115.5%
% w/ College Degree
39.1%46.4%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
85.4%22.5%
% Black
12.0%-57.9%
% Hispanic
2.6%∞%
% Asian
0.0%N/A
% Foreign Born
0.1%∞%
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Mortgage and Risk — Port Haywood, VA

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 Port Haywood, VA in that year was 64. 72.0% 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, 31.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Port Haywood, VA. Investor activity in Port Haywood, VA is low, as 3.0% of all loans are originated by investors. In 2023, 12.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
64N/AN/A
% Conventional Loans
72.0%N/AN/A
% Government Loans
28.0%N/AN/A
% Investor Loans
3.0%N/AN/A
% Second Loans
11.0%N/AN/A
% Cash Out Refinance
12.0%N/AN/A
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Rentals and Section 8 — Port Haywood, VA

As of 2024, the percent of homes in Port Haywood, VA under the Section 8 program is 1.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
1.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,620
2 BedroomN/AN/A$1,850
3 BedroomN/AN/A$2,580
4 BedroomN/AN/A$3,060

Affordability — Port Haywood, VA

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.9N/AN/A
Median Home Price$332,000N/AN/A
Median Household Income$76,300N/AN/A

Port Haywood, VA — ZIP Code Boundary Map

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