US5.com
  1. Home
  2. States
  3. Virginia
  4. ZIP 23959
  5. Housing & Real Estate
Phenix town, VA

ZIP 23959 — 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 23959

Median Home Value
$142,500
Median Rent
$436
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$915/mo PITI).

6%
Rent-to-Income Ratio

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

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

27.2 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 23959 in Phenix town, VA, a household would need roughly $39,000 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 $915. That sits below the local median household income ($86,042), 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 24% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
93.7%+43% vs US avg
x
Vacancy Rate
24.1%+134% vs US avg
x
Broadband Access
79.9%-8% vs US avg
x
4+ Bedrooms
0.3%-98% vs US avg
x
Built Pre-1939
3.7%-71% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
0.0%
x
Mortgage-Free
73.5%+93% vs US avg
x
$142,500
Home Value
$436
Rent
1975
Year Built
1993
Moved In

Residents have lived here since ~1993 on average

Housing Structure

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

  • 1-unit detached89.4%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other10.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$142,500
Median rent$436
Owner-occupied93.7%
Vacant24.1%
Price-to-income1.7x
Est. income to buy$39,000