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  4. /Christiansburg, VA - 24073

Christiansburg, VA—24073

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$311,000
3.0% YoY Growth
Household Income
$75,100
27.5% YoY Growth
Days on Market
46
30.0% Longer YoY
Home Price Forecast
0.8%
Median Rent
$1,800
0.6% YoY Growth
1-Bed Rent
$1,200
23.0% YoY Growth
2-Bed Rent
$1,400
8.7% YoY Growth
3-Bed Rent
$1,800
0.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Christiansburg, VA

As of May '26, the median home price in Christiansburg, VA is $311,000, with a year-over-year change of 3.0%. This indicates that home prices in Christiansburg, VA are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$311,0003.0%
Single Family $311,0003.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$234,0004.9%
    3 Bed
    		$309,0002.7%
    4 Bed
    		$407,0003.0%
    5 Bed $473,0651.8%
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    % of Housing Stock

    Studio
    0.4%
    1 Bedroom
    3.7%
    2 Bedrooms
    27.2%
    3 Bedrooms
    48.1%
    4 Bedrooms
    16.3%
    5+ Bedrooms
    4.3%

    Rental Trends — Christiansburg, VA

    As of July '25, Rentcast reports the average rent in Christiansburg, VA is $1,720, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in Christiansburg, VA is 1-bedrooms: $1,070, 2-bedrooms: $1,370, 3-bedrooms: $1,740, 4-bedrooms: $2,600. The most common rental property sizes in Christiansburg, VA are 2-bedroom and 3-bedroom, accounting for 41.3% and 37.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,800$1,720
    Studio Rent N/AN/A
    1 Bed Rent $1,200$1,070
    2 Bed Rent $1,400$1,370
    3 Bed Rent $1,800$1,740
    4 Bed Rent $2,300$2,600
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    % of Rental Stock

    Studio
    0.6%
    1 Bedroom
    9.8%
    2 Bedrooms
    41.3%
    3 Bedrooms
    37.3%
    4 Bedrooms
    5.9%
    5+ Bedrooms
    5.0%

    Property Listings — Christiansburg, VA

    As of May '26, Realtor.com reports that the median days on market for a home in Christiansburg, VA is 46. This is a increase of 30.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$400,000-5.0%
    Listing Count
    		13822.0%
    Listings as % of Homes0.5%22.0%
    Days on Market
    		4630.0%
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    Demographics — Christiansburg, VA

    As of the latest ACS Survey released in 2023, Christiansburg, VA has a population of 30,100, which has decreased by -1.2% over the past 5 years. Christiansburg, VA is a moderately popular place for families, as children make up 19.7% of the population. The area has a moderately educated workforce, with 41.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		30,100-1.2%
    % Under 18
    		19.7%-3.0%
    % Seniors
    		18.1%8.4%
    % WFH
    		10.2%209.1%
    % w/ College Degree
    		41.6%18.9%
    Loading chart...

    As of the latest ACS Survey released in 2023, Christiansburg, VA is a predominantly white area, with 85.6% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Christiansburg, VA is black, making up 4.3% of the population. Foreign-born residents account for 5.4% of the population in Christiansburg, VA, and this percentage has increased by 58.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		85.6%-4.5%
    % Black
    		4.3%-18.9%
    % Hispanic
    		3.6%50.0%
    % Asian
    		3.2%88.2%
    % Foreign Born
    		5.4%58.8%
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    Mortgage and Risk — Christiansburg, VA

    According to HUD data as of 2023, there were 593 mortgage originations in Christiansburg, VA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Christiansburg, VA. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		593
    % Conventional Loans
    		87.0%
    % Government Loans
    		13.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Christiansburg, VA

    As of 2024, the percent of homes in Christiansburg, VA under the Section 8 program is 8.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Christiansburg, VA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

    Section 8 Market Size

    Total Units under HUD
    		423
    Total Units Section 8
    		375
    % Rentals under Section 8
    		8.9%
    % Occupied Section 8
    		91.8%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$280$1,200$920
    2 Bedroom-$230$1,400$1,170
    3 Bedroom-$230$1,800$1,570
    4 Bedroom-$340$2,300$1,960

    Affordability — Christiansburg, VA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$311,000
    Median Household Income$75,100

    Christiansburg, VA — ZIP Code Boundary Map

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    Frequently Asked Questions