US5.com
  1. Home
  2. States
  3. Virginia
  4. ZIP 23307
  5. Housing & Real Estate
, VA

ZIP 23307 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 23307

Median Home Value
$145,500
Median Rent
$663
Affordability Snapshot
$40,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$935/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 23307 in VA, a household would need roughly $40,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $935. That is roughly in line with the local median household income ($43,350). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 22% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
70.2%+7% vs US avg
x
Vacancy Rate
22.1%+115% vs US avg
x
Broadband Access
80.3%-8% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
0.0%
x
Built Post-2014
9.6%+40% vs US avg
x
Rent Burden >30%
16.9%-66% vs US avg
x
Mortgage-Free
67.6%+77% vs US avg
x
$145,500
Home Value
$663
Rent
1988
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached58.3%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other41.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$145,500
Median rent$663
Owner-occupied70.2%
Vacant22.1%
Price-to-income3.4x
Est. income to buy$40,000