23840 Zip Code's January First-Time Homebuyer Report

23840 is a smaller-than-average zip code in Virginia with 1,835 residents. Its population is growing slightly faster than the rest of the state, at a 10-year growth rate of 12.8%. With an ownership ratio of 73.9%, most people in the 23840 zip code are homeowners.

Price Range

The housing prices of the 23840 zip code are close to the state average with a median home value of $133,800 and a current average list price of $159,034. In this week's report, the number of homes sold in the 23840 zip code market dropped to two over the past 30 days, a decrease of 33.3% from last week's report, but still above the monthly average.

Out of all the listings in the 23840 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$450K   $154K   $137K  

Typical Dwelling

A three-bedroom detached home valued around $127,549 is considered a typical dwelling in the 23840 zip code. If a buyer was looking for a similar home, they would need good credit and a $25,510 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,138 and the property tax rate is $6.57 per $1,000 of taxable assessed value.

Get started right now by checking out 23840 homes for sale or reviewing 23840 real estate trends.


Data reported through 1/12/2017

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