Bastian, VA—24314
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Bastian, VA
Home Price Trends — Bastian, VA
As of Nov '25, the median home price in Bastian, VA is $165,000, with a year-over-year change of 1.1%. This indicates that home prices in Bastian, VA are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $165,000 | 1.1% |
| Single Family | $165,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $126,000 | 0.0% |
3 Bed | $175,000 | 1.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bastian, VA
Bastian, 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 — Bastian, VA
As of Nov '25, Realtor.com reports that the median days on market for a home in Bastian, VA is 235. This is a increase of 65.0% 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 | $582,000 | 26.0% |
Listing Count | 4 | 7.0% |
| Listings as % of Homes | 0.2% | 7.0% |
Days on Market | 235 | 65.0% |
Demographics — Bastian, VA
As of the latest ACS Survey released in 2023, Bastian, VA has a population of 1,350, which has decreased by -11.1% over the past 5 years. Bastian, VA is a less popular place for families, as children make up 11.8% of the population. The area has a poorly educated workforce, with 16.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,350 | -11.1% |
% Under 18 | 11.8% | -30.6% |
% Seniors | 33.7% | 55.3% |
% WFH | 13.0% | 828.6% |
% w/ College Degree | 16.1% | -34.8% |
As of the latest ACS Survey released in 2023, Bastian, VA is a predominantly white area, with 97.1% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Bastian, VA is black, making up 1.2% of the population. Foreign-born residents account for 0.1% of the population in Bastian, VA, and this percentage has decreased by 90.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.1% | -0.6% |
% Black | 1.2% | 1,100.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | -90.9% |
Mortgage and Risk — Bastian, VA
According to HUD data as of 2023, there were 25 mortgage originations in Bastian, VA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Bastian, VA. Investor activity is low, as 0.0% 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 | 25 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Rentals and Section 8 — Bastian, VA
Bastian, 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 | $690 |
| 2 Bedroom | N/A | N/A | $860 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Bastian, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $165,000 |
| Median Household Income | $62,200 |