Real Estate Investing in Surry County, Virginia
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Should you buy in Surry County, VA? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 19.5% of homes vacant β above national norms.
What’s happening in Surry County, VA?
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Market Trends β Surry County
County Home Value History
Investing in Surry County Real Estate
Surry County spans 4 ZIP codes across 4 cities in Virginia, with a population of 5,559. The county's underwhelming investment metrics reflect deeper structural challenges β worth studying before making commitments.
Surry is the kind of county where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state capital should be especially careful with carry-in assumptions.
Population dynamics in Surry haven't been supportive. a challenging fit for combined with underwhelming income growth, the demographic backdrop complicates any purely financial underwriting.
Landlord Ground Truth
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Cities in Surry County
ZIP Codes in Surry County, VA
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View PlansFrequently Asked Questions About Surry County
Should investors consider, VA?
, VA comes in at an investability rating of 2.5/5, with median home values near $281K and average rents around $1,215/mo. That combination puts it in the resilient tier for investor interest.
How much rent can I charge in, VA?
Rental rates in, VA average $1,215/mo. Tenant demand and $281K home values make the yield look reasonable by investor standards.
What kind of vacancy should I budget for in, VA?
Rental vacancy in, VA is elevated. Investors should budget normal turnover but not chronic empty units.
How does, VA rank within VA?
, VA comes in broadly in line with on the VA comparison. Specific drivers include $281K prices and $1,215/mo rents.
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