Real Estate Investing in Barboursville, Virginia (22923)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 22923 (Barboursville, VA)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Barboursville, VA (22923)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 22923 Barboursville
ZIP 22923 inside Orange County looks affordable on the surface — median value of $439K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $2,575/mo on a $439K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 22923 sits below the stated 0.0% once reality is priced in.
Within VA, ZIP 22923 trails on several market indicators that neighboring Orange County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Employment concentration in 22923 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
seems to 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.
Here's what matters if you're considering buying a home in Barboursville:
Property Strategy for 22923
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $294,012 | $1,850 | 4.5% | +6.6% | $147,006 |
| 3BR | $410,677 | $2,330 | 4.1% | +7.0% | $136,892 |
| 4BR | $512,263 | $2,800 | 3.9% | +7.4% | $128,066 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 22923 Compare?
| Metric | 22923 | Barboursville | Charlottesville, VA | Virginia |
|---|---|---|---|---|
| Home Value | $439,104 | $439,104 | N/A | $403,170 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 6.4% |
| Avg Rent | $2,575 | $2,575 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 22923 (Barboursville, VA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 22923 (Barboursville, VA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $439,104 |
| Monthly Rent | $2,575 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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.
Demographics in 22923
Population: 6,727
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the median home value in Barboursville, VA?
Expect median prices around $439K in Barboursville, VA. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
Are renters plentiful in Barboursville, VA?
Working renters make up the core of the Barboursville, VA tenant base. The pool is reasonable for investors targeting long-term holds.
How strong is Barboursville, VA for real estate investors?
Barboursville, VA scores 3.0/5 for investability. Home values sit at $439K and rents near $2,575/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How much rent can I charge in Barboursville, VA?
Rents in Barboursville, VA run near $2,575/mo. Compared with median home prices of $439K that produces solid gross yields for typical rentals.
What does house hacking look like in Barboursville, VA?
The a challenging house-hack environment in Barboursville, VA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
You know 22923 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 22923 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 22923 ranks in Charlottesville, VA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 22923 (Barboursville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 22923 (Barboursville, VA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.