US5.com
  1. Home
  2. States
  3. Virginia
  4. ZIP 23883
  5. Housing & Real Estate
Scotland CDP, VA

ZIP 23883 — 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 23883

Median Home Value
$247,100
Median Rent
$900
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,587/mo PITI).

15%
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.

22.9 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 23883 in Scotland CDP, VA, a household would need roughly $68,000 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 $1,587. That is roughly in line with the local median household income ($73,125). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 20% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
81.8%+25% vs US avg
x
Vacancy Rate
19.9%+94% vs US avg
x
Broadband Access
74.3%-15% vs US avg
x
4+ Bedrooms
1.0%-93% vs US avg
x
Built Pre-1939
9.0%-29% vs US avg
x
Built Post-2014
2.2%-68% vs US avg
x
Rent Burden >30%
11.4%-77% vs US avg
x
Mortgage-Free
47.9%+25% vs US avg
x
$247,100
Home Value
$900
Rent
1977
Year Built
2003
Moved In

Residents have lived here since ~2003 on average

Housing Structure

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

  • 1-unit detached85.3%
  • 1-unit attached0.9%
  • 2-9 units1.7%
  • 10+ units0.0%
  • Mobile home & other12.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$247,100
Median rent$900
Owner-occupied81.8%
Vacant19.9%
Price-to-income3.4x
Est. income to buy$68,000