Farmville, VA 23966 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Farmville, VA—23966

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$223,000

3.2% YoY Growth

Household Income

$58,100

9.7% YoY Growth

Days on Market

111.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,600

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,600

N/A

Other Zip Codes in Farmville, VA

23901 23960

Home Price Trends — Farmville, VA

Farmville, VA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$223,000	-3.2%
Single Family	$224,000	-3.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Farmville, VA

Farmville, VA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,600	$1,600
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,600	$1,600
4 Bed Rent	N/A	N/A

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% of Rental Stock

2 Bedrooms

39.2%

3 Bedrooms

28.1%

4 Bedrooms

2.8%

5+ Bedrooms

29.9%

Property Listings — Farmville, VA

As of Nov '25, Realtor.com reports that the median days on market for a home in Farmville, VA is 17. This is a increase of 111.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$445,000	129.0%
Listing Count	3	-59.0%
Listings as % of Homes	0.5%	-59.0%
Days on Market	17	111.0%

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Demographics — Farmville, VA

As of the latest ACS Survey released in 2023, Farmville, VA has a population of 1,880, which has decreased by -22.8% over the past 5 years. Farmville, VA is a less popular place for families, as children make up 11.9% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,880	-22.8%
% Under 18	11.9%	-44.7%
% Seniors	27.5%	89.7%
% WFH	8.1%	478.6%
% w/ College Degree	21.3%	-26.6%

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As of the latest ACS Survey released in 2023, Farmville, VA is a predominantly white area, with 64.7% of the population identifying as white. The white population has grown by 7.8% in the last 5 years. The second most common race or ethnicity in Farmville, VA is black, making up 24.1% of the population. Foreign-born residents account for 5.9% of the population in Farmville, VA, and this percentage has increased by 136.0% 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	64.7%	7.8%
% Black	24.1%	-32.1%
% Hispanic	6.7%	6,600.0%
% Asian	0.9%	∞%
% Foreign Born	5.9%	136.0%

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Mortgage and Risk — Farmville, VA

According to HUD data as of 2023, there were 37 mortgage originations in Farmville, VA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Farmville, VA. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	37
% Conventional Loans	65.0%
% Government Loans	35.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Farmville, VA

Farmville, VA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	7
Total Units Section 8	7
% Rentals under Section 8	1.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,230
2 Bedroom	N/A	N/A	$1,380
3 Bedroom	$170	$1,600	$1,770
4 Bedroom	N/A	N/A	$2,160

Farmville, VA—23966

Key Metrics at a Glance

Other Zip Codes in Farmville, VA

Home Price Trends — Farmville, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Farmville, VA

% of Rental Stock

Property Listings — Farmville, VA

Demographics — Farmville, VA

Race and Ethnicity

Mortgage and Risk — Farmville, VA

Mortgages

Rentals and Section 8 — Farmville, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Farmville, VA

Home Price to Income Ratio

Farmville, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Farmville, VA

Jetersville, VA

Cumberland, VA

Farmville, VA

Dillwyn, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.8
Median Home Price	$223,000
Median Household Income	$58,100

Farmville, VA—23966

Key Metrics at a Glance

Other Zip Codes in Farmville, VA

Home Price Trends — Farmville, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Farmville, VA

% of Rental Stock

Property Listings — Farmville, VA

Demographics — Farmville, VA

Race and Ethnicity

Mortgage and Risk — Farmville, VA

Mortgages

Rentals and Section 8 — Farmville, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Farmville, VA

Home Price to Income Ratio

Farmville, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Farmville, VA

Jetersville, VA

Cumberland, VA

Farmville, VA

Dillwyn, VA

Frequently Asked Questions

What is the average home price in Farmville, VA 23966?

How have home prices in Farmville, VA 23966 changed over the past year?

What is the home price projection for Farmville, VA 23966?

What are the demographics of Farmville, VA 23966?

How long does it take homes to sell in Farmville, VA 23966?

What is the average rent price in Farmville, VA 23966?