Real Estate Investing in Hillsville, Virginia

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 8,942 • Carroll County

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Should you buy in Hillsville, VA? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 26.6% of homes vacant — above national norms.

What’s happening in Hillsville, VA?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.9% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $199,247
Avg Monthly Rent $819
ZIP Codes 1

Investing in Hillsville Real Estate

Hillsville, VA covers 1 ZIP codes and a population but the investment metrics here are lackluster — this is not a market to enter casually.

The investment case for Hillsville is difficult to make on screen data alone. less favorable for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Rents in Hillsville at $819/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Demographics in Hillsville show real pressure — median income of $N/AK is sluggish relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$199,247
Avg Monthly Rent
$819
1% Rule
✗ Below
Landlord Friendly (VA)

ZIP Codes in Hillsville, VA

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Filter Hillsville’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Hillsville, VA

What is the investability score for Hillsville, VA?

Yes - Hillsville, VA a 3.0/5 investability score. With $199K home prices against $819/mo monthly rent, the market delivers a reasonable entry point for new investors.

What strategy should investors use in Hillsville, VA?

A careful cash-flow rentals with hands-on management strategy Hillsville, VA best. The market produces consistent results for that approach at the $199K price point.

What is the average home sale price in Hillsville, VA?

Expect median prices around $199K in Hillsville, VA. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.

Is vacancy a concern in Hillsville, VA?

Expect elevated vacancy in Hillsville, VA. Rents at $819/mo are absorbed by the tenant base without meaningful lag.

What is it like being a landlord in Hillsville, VA?

VA ranks as a landlord-friendly state for landlord-tenant law. Hillsville generally follows the statewide framework, so landlords face reasonable operating rules.

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