Virginia Beach-Norfolk-Newport News, VA-NC · Virginia

Surry County

ZIP 23839

6,552 residents34 permits TTM$71,458 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$235,200

ACS 5-Year

Cap rate proxy

8.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.4%

HUD FMR ÷ ACS HHI

Net migration

+0.53%

IRS SOI

Permits (TTM)

34

Census BPS

Climate risk

4.7

FEMA NRI (0–100)

ZIP 23839

Median home value

Gross yield

Cap rate

4.4%

Rent gap

49.9%

Affordability

P/I: 3.0R/I:

Section 8 detail

SAFMR: $1,713Rent: $858Gap: 99.7%
ZIP code breakdown5 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
238394.4%49.9%
238464.4%49.9%
238994.4%49.9%
238813.6%49.9%
238833.5%49.9%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

80.2%

Census ACS

Vacancy rate

19.9%

Census ACS

Bachelor's degree +

25.4%

Census ACS

Rent burdened

33.8%

Census ACS (>30% income)

Median age

50.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026