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Newsoms town, VA

ZIP 23874 — 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 23874

Median Home Value
$138,300
Median Rent
$722
Affordability Snapshot
$38,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$888/mo PITI).

15%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.0 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 23874 in Newsoms town, VA, a household would need roughly $38,000 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 $888. That sits below the local median household income ($56,891), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 24% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
77.9%+19% vs US avg
x
Vacancy Rate
23.9%+132% vs US avg
x
Broadband Access
86.2%-1% vs US avg
x
4+ Bedrooms
8.4%-43% vs US avg
x
Built Pre-1939
9.7%-24% vs US avg
x
Built Post-2014
0.9%-86% vs US avg
x
Rent Burden >30%
47.7%-4% vs US avg
x
Mortgage-Free
53.0%+39% vs US avg
x
$138,300
Home Value
$722
Rent
1968
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached84.5%
  • 1-unit attached0.8%
  • 2-9 units6.9%
  • 10+ units0.0%
  • Mobile home & other7.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$138,300
Median rent$722
Owner-occupied77.9%
Vacant23.9%
Price-to-income2.4x
Est. income to buy$38,000