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  1. Home
  2. /Browse ZIP Codes
  3. /Virginia
  4. /Troutville, VA - 24077

Troutville, VA—24077

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$271,000
3.0% YoY Growth
Household Income
$89,900
124.8% YoY Growth
Days on Market
31
34.0% Shorter YoY
Home Price Forecast
1.6%
Median Rent
$1,450
26.1% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,450
9.8% YoY Growth
3-Bed Rent
N/A
N/A

Other Zip Codes in Troutville, VA

24175
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Troutville, VA

As of May '26, the median home price in Troutville, VA is $271,000, with a year-over-year change of 3.0%. This indicates that home prices in Troutville, VA are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$271,0003.0%
Single Family $276,0002.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $180,000-1.1%
    3 Bed
    $383,0004.4%
    4 Bed
    N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    21.7%
    2 Bedrooms
    18.5%
    3 Bedrooms
    32.2%
    4 Bedrooms
    27.5%

    Rental Trends — Troutville, VA

    As of July '25, Rentcast reports the average rent in Troutville, VA is $1,450, with a year-over-year rent change of 26.1%. Per bedroom, the median rent as of July '25 in Troutville, VA is 2-bedrooms: $1,450. The most common rental property sizes in Troutville, VA are 1-bedroom and 3-bedroom, accounting for 73.0% and 23.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,450$1,450
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,450$1,450
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    73.0%
    3 Bedrooms
    23.9%
    4 Bedrooms
    3.1%

    Property Listings — Troutville, VA

    As of May '26, Realtor.com reports that the median days on market for a home in Troutville, VA is 31. This is a decrease of -34.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 100.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $325,00012.0%
    Listing Count
    4-27.0%
    Listings as % of Homes0.4%-27.0%
    Days on Market
    31-34.0%
    Loading chart...

    Demographics — Troutville, VA

    As of the latest ACS Survey released in 2023, Troutville, VA has a population of 1,100, which has increased by 45.0% over the past 5 years. Troutville, VA is a popular place for families, as children make up 26.0% of the population. The area has a moderately educated workforce, with 26.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    1,10045.0%
    % Under 18
    26.0%20.9%
    % Seniors
    22.3%-5.5%
    % WFH
    4.2%-50.6%
    % w/ College Degree
    26.6%9.5%
    Loading chart...

    As of the latest ACS Survey released in 2023, Troutville, VA is a predominantly white area, with 69.8% of the population identifying as white. The white population has shrunk by 22.3% in the last 5 years. The second most common race or ethnicity in Troutville, VA is black, making up 11.3% of the population. Foreign-born residents account for 2.0% of the population in Troutville, VA, and this percentage has decreased by 81.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    69.8%-22.3%
    % Black
    11.3%242.4%
    % Hispanic
    10.6%∞%
    % Asian
    0.0%-100.0%
    % Foreign Born
    2.0%-81.3%
    Loading chart...

    Mortgage and Risk — Troutville, VA

    Troutville, VA lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Troutville, VA

    Troutville, 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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,090
    2 Bedroom-$140$1,450$1,310
    3 BedroomN/AN/A$1,840
    4 BedroomN/AN/A$2,160

    Affordability — Troutville, VA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.8
    Median Home Price$271,000
    Median Household Income$89,900

    Troutville, VA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Oldfields

    24020

    Roanoke, VA

    24012

    Daleville, VA

    24083

    Roanoke, VA

    24019

    Troutville, VA

    24175

    Frequently Asked Questions