Cedar Bluff, VA—24637
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Cedar Bluff, VA
Home Price Trends — Cedar Bluff, VA
As of Nov '25, the median home price in Cedar Bluff, VA is $195,000, with a year-over-year change of 3.1%. This indicates that home prices in Cedar Bluff, VA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | 3.1% |
| Single Family | $195,000 | 2.6% |
| 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 | $193,000 | 2.7% |
4 Bed | $262,000 | 5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cedar Bluff, VA
Cedar Bluff, 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 — Cedar Bluff, VA
As of Nov '25, Realtor.com reports that the median days on market for a home in Cedar Bluff, VA is 51. This is a decrease of -71.0% 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 | $250,000 | 20.0% |
Listing Count | 13 | -3.0% |
| Listings as % of Homes | 0.4% | -3.0% |
Days on Market | 51 | -71.0% |
Demographics — Cedar Bluff, VA
As of the latest ACS Survey released in 2023, Cedar Bluff, VA has a population of 3,600, which has decreased by -1.2% over the past 5 years. Cedar Bluff, VA is a moderately popular place for families, as children make up 19.0% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,600 | -1.2% |
% Under 18 | 19.0% | -6.4% |
% Seniors | 25.1% | 44.3% |
% WFH | 3.1% | -13.9% |
% w/ College Degree | 27.7% | 49.7% |
As of the latest ACS Survey released in 2023, Cedar Bluff, VA is a predominantly white area, with 97.9% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Cedar Bluff, VA is black, making up 1.3% of the population. Foreign-born residents account for 1.1% of the population in Cedar Bluff, VA, and this percentage has decreased by 59.3% 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 | 97.9% | 1.1% |
% Black | 1.3% | ∞% |
% Hispanic | 0.6% | 20.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.1% | -59.3% |
Mortgage and Risk — Cedar Bluff, VA
According to HUD data as of 2023, there were 75 mortgage originations in Cedar Bluff, VA, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Cedar Bluff, VA. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 75 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 5.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Rentals and Section 8 — Cedar Bluff, VA
Cedar Bluff, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% 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 | $660 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | N/A | N/A | $1,030 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Cedar Bluff, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $195,000 |
| Median Household Income | $53,900 |