Port Republic, VA—24471
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Port Republic, VA
As of Oct '25, the median home price in Port Republic, VA is $393,000, with a year-over-year change of 3.6%. This indicates that home prices in Port Republic, VA are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $393,000 | 3.6% |
| Single Family | $393,000 | 4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Port Republic, VA
As of July '25, Rentcast reports the average rent in Port Republic, VA is $1,400, with a year-over-year rent change of 300.0%. Per bedroom, the median rent as of July '25 in Port Republic, VA is 3-bedrooms: $1,400. The most common rental property sizes in Port Republic, VA are 2-bedroom and studio, accounting for 50.0% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Port Republic, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Port Republic, VA is 12. This is a decrease of -40.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $527,000 | 107.0% |
Listing Count | 4 | 0.0% |
| Listings as % of Homes | 0.1% | 0.0% |
Days on Market | 12 | -40.0% |
Demographics — Port Republic, VA
As of the latest ACS Survey released in 2023, Port Republic, VA has a population of 1,800, which has increased by 10.3% over the past 5 years. Port Republic, VA is a moderately popular place for families, as children make up 21.9% of the population. The area has a moderately educated workforce, with 28.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,800 | 10.3% |
% Under 18 | 21.9% | 29.6% |
% Seniors | 17.8% | 16.3% |
% WFH | 11.6% | 241.2% |
% w/ College Degree | 28.0% | 24.4% |
As of the latest ACS Survey released in 2023, Port Republic, VA is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Port Republic, VA is hispanic, making up 4.1% of the population. Foreign-born residents account for 1.3% of the population in Port Republic, VA, and this percentage has increased by 62.5% 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 | 94.0% | -3.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 4.1% | 485.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.3% | 62.5% |
Mortgage and Risk — Port Republic, VA
Port Republic, VA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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 |
Loan Activity
No data available
Rentals and Section 8 — Port Republic, VA
Port Republic, 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 | 7.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,110 |
| 2 Bedroom | N/A | N/A | $1,400 |
| 3 Bedroom | $500 | $1,400 | $1,900 |
| 4 Bedroom | N/A | N/A | $2,310 |
Affordability — Port Republic, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $393,000 |
| Median Household Income | $103,000 |