US5.com
  1. Home
  2. States
  3. Virginia
  4. ZIP 23872
  5. Housing & Real Estate
McKenney town, VA

ZIP 23872 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 23872

Median Home Value
$206,100
Median Rent
$773
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,324/mo PITI).

12%
Rent-to-Income Ratio

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

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.2 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 23872 in McKenney town, VA, a household would need roughly $57,000 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 $1,324. That sits below the local median household income ($75,286), 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 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
84.3%+29% vs US avg
x
Vacancy Rate
15.2%+47% vs US avg
x
Broadband Access
76.9%-12% vs US avg
x
4+ Bedrooms
0.1%-99% vs US avg
x
Built Pre-1939
3.3%-75% vs US avg
x
Built Post-2014
1.9%-72% vs US avg
x
Rent Burden >30%
19.7%-60% vs US avg
x
Mortgage-Free
44.1%+15% vs US avg
x
$206,100
Home Value
$773
Rent
1993
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached69.6%
  • 1-unit attached0.7%
  • 2-9 units1.2%
  • 10+ units0.0%
  • Mobile home & other28.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$206,100
Median rent$773
Owner-occupied84.3%
Vacant15.2%
Price-to-income2.7x
Est. income to buy$57,000