Aroda, VA 22732 housing market
Data through Aug 2026 · Balanced market · leverage 37
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Home Value
$396,487
+2.6% vs. a year ago
Buyer Leverage Score
37
Sep 2025
Months of Supply
3.2 months
Aug 2026
Days on Market
127 days
Sep 2025
Price Cut %
0.0%
Sep 2025
Sale-to-List Ratio
90.5%
Aug 2026
Mtg Payment as % of Income
20%
Dec 2019
Overvalued %
15%
Dec 2019
Expected Disaster Loss
$108
Dec 2025
What this means
- Valuation. Prices are 15% above what local incomes have historically supported (this area's pre-2020 price-to-income ratio).
- Prices. Home values are up 2.6% over the past year (U.S.: +1.2%).
- Supply. Listings are 25% below the 2017-19 norm: still a tight market.
- Negotiating. Buyer leverage is moderate (37/100; U.S.: 54) (as of Sep 2025): homes sell for about 9.5% below their final list price; 0% of listings had a price cut (U.S.: 26%) (as of Sep 2025).
- Affordability. A mortgage on the typical home takes 20% of the median household income (U.S.: 35%); it takes about $95k a year to keep the payment at 30% of gross pay. That includes about $1,514 a year for home insurance (U.S.: $1,790).
- Disaster risk. FEMA expects about $108 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
- Outlook. Leaning up: likely −7% to +10% over the next 12 months (68% chance of a rise).
Next 12 months
Leaning up
Prices are more likely to rise than fall over the next year. Likely change: −6.6% to +9.7% (80% range; middle estimate +2.7%), chance of a rise 68%, of a 5%+ drop 13%.
HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.
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Other ZIP codes in Madison County, VA
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Madison, VA 22727 | $423.7K | +3.2% | 41 |
| Reva, VA 22735 | $470.1K | +5.0% | 39 |
| Brightwood, VA 22715 | $412K | +4.3% | 6 |
| Aroda, VA 22738 | $441K | +4.1% | 5 |
| Aroda, VA 22709 | $440.2K | +3.1% | 15 |
| Haywood, VA 22722 | $397.6K | +4.4% | 24 |
| Etlan, VA 22719 | $509.2K | +4.9% | 58 |
| Oakpark, VA 22730 | – | – | 3 |
| Etlan, VA 22743 | $400.2K | +5.0% | 22 |
| Banco, VA 22711 | – | – | 46 |
| Locust Dale, VA 22948 | – | – | 58 |
| Leon, VA 22725 | – | – | 13 |
| Aroda, VA 22731 | $410.2K | +0.8% | 13 |
| Hood, VA 22723 | – | – | 12 |
| ZIP 22989 | – | – | – |