Housing in Springville, VA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2025

Median Sale Price

$60,000

Median List Price

N/A

Price Per Sq Ft

$39

Days on Market

Active Inventory

N/A

Price Trends

Source: Redfin

Sale Price ↓ 50.0%Dec 24 → Jan 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

83.3%

Buyer's market

Sold Above Asking

0.0%

Market Activity

Source: Redfin

Homes Sold

Homes Sold ↑ 0.0%Pending ↑ 0.0%Dec 24 → Jan 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$39

Sale $/SF ↓ 35.0%Dec 24 → Jan 25

Springville vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Springville is highlighted.

Median Home Value

18th%ilemost expensive$94,600show rank

Median Rent

7th%ilemost expensive rent$597show rank

Median Price Per Sq Ft

3rd%ilemost expensive $/sqft$39show rank

Rent Burden

32nd%ilehighest rent burden16.2%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$94,600

Median Rent

$597

Total Housing Units

588

Vacancy Rate

28.2%

Owner Occupied

75.4%

Renter Occupied

24.6%

Median Property Tax

$492

per year

Monthly Cost (w/ Mortgage)

$540

Housing Types

Single Family

33.7%

Multi-Family

2.0%

Mobile Home

64.3%

The current median sale price in Springville, VA is $60,000 according to Redfin data. Homes spend a median of 17 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $39. The median rent is $597 per month (Census ACS). About 75.4% of housing units are owner-occupied. The median year homes were built is 1988. There are 588 total housing units.