Real Estate Investing in Bridgewater, Virginia (22812)

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

Rockingham County • Population: 10,121 • Data updated: September 2026

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Should you buy in 22812 (Bridgewater, VA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 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
CLEAN

No major risk flags on the data we track.

What’s happening in Bridgewater, VA (22812)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $380,669
Avg Monthly Rent $1,548
1% Rule ✗ Does Not Meet
Median Income $75,000
% Renters 32.3%

Market Analysis: 22812 Bridgewater

On the rental side, ZIP 22812 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $381K median. It rewards specialists, not generalists.

For an experienced owner, 22812 can be a worth a close look for hunting ground — but the discount at $381K reflects genuine risk that outside investors often underestimate.

Within VA, ZIP 22812 trails on several market indicators that neighboring Rockingham County submarkets outperform. The gap is real and substantial enough to shape underwriting.

The 22812 ZIP's population of 10,121 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.

trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Bridgewater:

C+ Average
Buy Confidence Score: 64/100
Affordability
10/25
Appreciation
22/25
Stability
11/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.1× the median income
Value Trend
Stable (+2.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,548/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Harrisonburg, VA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Harrisonburg, VA metro data
🏠

Property Strategy for 22812

Which property type performs best in this market?

Best for Cash Flow
3BR
3.6% cap rate
Best for Appreciation
3BR
+7.0% 5yr CAGR
Best Overall Value
5BR
$111,105/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $273,564 $1,320 3.5% +4.4% $136,782
3BR $359,722 $1,800 3.6% +7.0% $119,907
4BR $478,504 $2,120 3.2% +6.7% $119,626
5BR $555,525 $111,105

Market Trends

Home Value History (with trend line)

$398K$356K$315K$273K$231K$190KSep 2009Mar 2018Jul 2026

Rent History (with trend line)

$1,560$1,527$1,494$1,462$1,429$1,397May 2026Jun 2026Jul 2026

📊 How Does 22812 Compare?

Metric 22812 Bridgewater Harrisonburg, VA Virginia
Home Value $380,669 $380,669 N/A $403,170
5-Year CAGR 5.1% 5.1% N/A 6.4%
Avg Rent $1,548 $1,548 N/A -
Cap Rate 3.2% 3.2% - -
💡 Why Invest in 22812? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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

Real numbers from people who own or manage rentals in ZIP 22812 (Bridgewater, VA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.2%
Low
5yr Growth
+5.1%
Moderate

📉 Market Crash Risk Index

Based on Harrisonburg, VA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
48%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $380,669
Monthly Rent $1,548
Price-to-Rent 20.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.9%
Cap Rate 3.2%
5-Year IRR 8.3%

📈 Home Appreciation

1-Year +2.6% ▲
3-Year CAGR +2.9% ▲
5-Year CAGR +5.1% ▲
10-Year CAGR +5.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
6.3%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 22812

Population: 10,121

💰 Median Household Income
$75,000
This area
$75,000
State
$80,295
USA
$74,580
🏠 Renter Occupied
32.3%
This area
32.3%
State
25.7%
USA
34.0%
💼 Unemployment Rate
3.0%
This area
3.0%
State
-18.5%
USA
3.7%
🎓 College Educated
40.7%
This area
40.7%
State
4.0%
USA
33.7%
👤 Median Age
34.7 years
This area
34.7 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
6.3%
This area
6.3%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 92.2%
Other/Mixed 5.0%
Hispanic/Latino 3.9%
Black/African American 2.5%
Asian 0.3%
👶 Under 18
19.6%
This area
19.6%
USA
22.0%
👴 65 and Over
19.9%
This area
19.9%
USA
17.3%
📊 Poverty Rate
3.2%
This area
3.2%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 22812

B+ Avg School Grade
2 Schools
14.4:1 Avg Class Size
$14,845 Avg Per Pupil

Schools in This ZIP Code

A Very Good

John W. Wayland Elementary

📚 Pre-K – 05 Elementary
👥
500 Students
👨‍🏫
13.9:1 Class Size
💰
$14,845 Per Student
B+ Above Average

Turner Ashby High

📚 09 – 12 High School
👥
1,005 Students
👨‍🏫
14.8:1 Class Size
💰
$14,845 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

4 Nearby 597 Off-Campus Students
C
Bridgewater College
1,436 students · 3.8 mi
C
Blue Ridge Community College
3,718 students · 8.8 mi
B
James Madison University
22,758 students · 9.9 mi
C
Eastern Mennonite University
1,292 students · 10.6 mi

Investor Insight: With 597 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How much does a house cost in Bridgewater, VA?

Homes in Bridgewater, VA typically sell near $381K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.

Is the tenant base reliable in Bridgewater, VA?

Tenant demand in Bridgewater, VA is solid. The local workforce $1,548/mo rents across most rental classes.

What type of investing works in Bridgewater, VA?

A careful cash-flow rentals with hands-on management strategy Bridgewater, VA best. The market produces consistent results for that approach at the $381K price point.

How strong is Bridgewater, VA for real estate investors?

Bridgewater, VA rates 3.0/5 for investability. With median values at $381K and rents near $1,548/mo, the market offers reasonable fundamentals for rental investors.

How landlord-friendly is Bridgewater, VA?

The landlord environment in Bridgewater, VA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

You know 22812 now. You don’t know where it ranks.

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How 22812 ranks in Harrisonburg, VA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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