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  4. /Raphine, VA - 24472

Raphine, VA—24472

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$388,000
6.5% YoY Growth
Household Income
$50,600
64.2% YoY Growth
Days on Market
44
4.0% Shorter YoY
Home Price Forecast
N/A
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Raphine, VA

Raphine, VA lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$388,0006.5%
Single Family $387,0006.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A

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  • Affordability
  • Rentals and Section 8
    • 2 Bed
    $297,000
    6.8%
    3 Bed
    		$382,0006.4%
    4 Bed
    		$528,0007.8%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    4.2%
    2 Bedrooms
    9.2%
    3 Bedrooms
    72.3%
    4 Bedrooms
    11.0%
    5+ Bedrooms
    3.4%

    Rental Trends — Raphine, VA

    Raphine, VA lacks sufficient rental market data for analysis.

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

    % of Rental Stock

    1 Bedroom
    37.6%
    2 Bedrooms
    37.6%
    3 Bedrooms
    24.8%

    Property Listings — Raphine, VA

    As of May '26, Realtor.com reports that the median days on market for a home in Raphine, VA is 44. This is a decrease of -4.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$629,0006.0%
    Listing Count
    		18-17.0%
    Listings as % of Homes1.1%-17.0%
    Days on Market
    		44-4.0%
    Loading chart...

    Demographics — Raphine, VA

    As of the latest ACS Survey released in 2023, Raphine, VA has a population of 2,200, which has increased by 16.0% over the past 5 years. Raphine, VA is a less popular place for families, as children make up 9.7% of the population. The area has a poorly educated workforce, with 24.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,20016.0%
    % Under 18
    		9.7%-45.2%
    % Seniors
    		29.0%-7.9%
    % WFH
    		1.5%-72.2%
    % w/ College Degree
    		24.2%13.1%
    Loading chart...

    As of the latest ACS Survey released in 2023, Raphine, VA is a predominantly white area, with 90.1% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Raphine, VA is black, making up 0.0% of the population. Foreign-born residents account for 0.5% of the population in Raphine, VA, and this percentage has decreased by 73.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		90.1%-3.6%
    % Black
    		0.0%-100.0%
    % Hispanic
    		0.0%-100.0%
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		0.5%-73.7%
    Loading chart...

    Mortgage and Risk — Raphine, VA

    Raphine, 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...
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    Rentals and Section 8 — Raphine, VA

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

    Section 8 Market Size

    Total Units under HUD
    		1
    Total Units Section 8
    		1
    % Rentals under Section 8
    		0.9%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$890
    2 BedroomN/AN/A$1,040
    3 BedroomN/AN/A$1,460
    4 BedroomN/AN/A$1,730

    Affordability — Raphine, VA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.5
    Median Home Price$388,000
    Median Household Income$50,600

    Raphine, VA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions