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Ashland, VA

Full City Profile · Virginia · Hanover County County

3.2 /5.0
B Good
7,667 Population 1,065/sq mi density
$65,000 Median Income $34,985 per capita
$272,600 Home Value $451,691 Zillow
$1,154 Median Rent 26.4% income on rent
58°F Avg Temperature 305 sunny days/yr
240 Violent Crime/100K 1,996 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$65,000 median income, 2.5% unemployment
A
Affordability
4.3 / 5.0
$272,600 home value, $1,154/mo rent
F
Safety
1.0 / 5.0
240 violent crimes/100K
B+
Education
3.8 / 5.0
34.9% bachelor's degree or higher

Housing Overview

Median Home Value
$272,600
3% below
US avg: $281,900
Median Rent
$1,154/mo
1% below
US avg: $1,163/mo
Homeownership Rate
56.3%
14% below US avg (65.4%)
Total Housing Units
3,007
Median year built: 1982

Home Value by Source

Census Median
$272,600
Zillow (ZHVI)
$451,691
Median Sale Price
$480,000
Median List Price
$549,975
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

56.3%
Owner-Occupied
43.7%
Renter-Occupied
56%
44%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $1,154/mo · Zillow rent: $1,662/mo

Market Indicators (Redfin)

Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$263
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
26.4%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
56.3%

Complete Housing Data

Home Values

Census Median Value$272,600
Zillow Home Value (ZHVI)$451,691
Median Sale Price$480,000
Median List Price$549,975
Price Per Sq Ft$263

Rent

Census Median Rent$1,154
Zillow Rent (ZORI)$1,662
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market54
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold5
Active Inventory4
Price Per Sq Ft$263

Ownership & Stock

Owner-Occupied56.3%
Renter-Occupied43.7%
Homeownership Rate56.3%
Total Housing Units3,007
Median Year Built1982
Rent Burden26.4%