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Mechanicsville CDP, VA

ZIP 23111 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 23111

Median Home Value
$324,600
Median Rent
$1,341
Affordability Snapshot
$89,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,085/mo PITI).

17%
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.

20.2 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 23111 in Mechanicsville CDP, VA, a household would need roughly $89,000 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 $2,085. That is roughly in line with the local median household income ($96,736). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
78.3%+20% vs US avg
x
Vacancy Rate
4.2%-60% vs US avg
x
Broadband Access
88.1%+1% vs US avg
x
4+ Bedrooms
6.3%-57% vs US avg
x
Built Pre-1939
2.1%-84% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
26.7%-46% vs US avg
x
Mortgage-Free
30.8%-20% vs US avg
x
$324,600
Home Value
$1,341
Rent
1989
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached82.7%
  • 1-unit attached4.8%
  • 2-9 units3.7%
  • 10+ units8.8%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$324,600
Median rent$1,341
Owner-occupied78.3%
Vacant4.2%
Price-to-income3.4x
Est. income to buy$89,000