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These days, finding an affordable place to live in the 23701 area can be challenging. Home prices in 23701 are now at a median cost of $238,967, lower than the Virginia average of $443,089.
The average cost of rent is $1,451/mo in 23701, primarily driven by the current value of real estate in the 23701 area. In 23701, 31.31% of households rent, and 29.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 23701 is $5,724 per month. Households that rent pay about 25.35% of their income on rent here. 23701’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 23707, VA: equally priced homes
- 23702, VA: less expensive homes
- 23321, VA: higher priced homes
- 23704, VA: higher priced homes
- 23709, VA: equally priced homes
- 23708, VA: higher priced homes
- 23703, VA: higher priced homes
- 23323, VA: higher priced homes
- 23510, VA: higher priced homes
- 23507, VA: higher priced homes
Zip Codes with Similar Populations
- 04005, ME: higher priced homes
- 30116, GA: equally priced homes
- 30125, GA: less expensive homes
- 06473, CT: higher priced homes
- 77478, TX: higher priced homes
- 74075, OK: equally priced homes
- 61571, IL: less expensive homes
- 60124, IL: higher priced homes
- 56201, MN: less expensive homes
- 48371, MI: higher priced homes
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