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South Hill town, VA

ZIP 23970 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 23970

Median Home Value
$157,500
Median Rent
$691
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,012/mo PITI).

14%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.0 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 23970 in South Hill town, VA, a household would need roughly $43,000 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 $1,012. That sits below the local median household income ($57,225), 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 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
59.7%-9% vs US avg
x
Vacancy Rate
13.0%+27% vs US avg
x
Broadband Access
70.6%-19% vs US avg
x
4+ Bedrooms
2.0%-86% vs US avg
x
Built Pre-1939
5.2%-59% vs US avg
x
Built Post-2014
1.4%-80% vs US avg
x
Rent Burden >30%
15.6%-69% vs US avg
x
Mortgage-Free
44.7%+17% vs US avg
x
$157,500
Home Value
$691
Rent
1982
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 detached65.7%
  • 1-unit attached4.2%
  • 2-9 units10.4%
  • 10+ units4.5%
  • Mobile home & other15.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$157,500
Median rent$691
Owner-occupied59.7%
Vacant13.0%
Price-to-income2.8x
Est. income to buy$43,000