Surry, VA 23883 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Surry, VA—23883

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$298,000

1.2% YoY Growth

Household Income

$73,100

33.9% YoY Growth

Days on Market

71.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Surry, VA

Surry, VA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$298,000	-1.2%
Single Family	$298,000	-1.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Surry, VA

Surry, VA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

2 Bedrooms

51.4%

3 Bedrooms

37.9%

4 Bedrooms

10.7%

Property Listings — Surry, VA

As of Nov '25, Realtor.com reports that the median days on market for a home in Surry, VA is 38. This is a increase of 71.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$450,000	-21.0%
Listing Count	12	-27.0%
Listings as % of Homes	0.6%	-27.0%
Days on Market	38	71.0%

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Demographics — Surry, VA

As of the latest ACS Survey released in 2023, Surry, VA has a population of 1,870, which has decreased by -7.0% over the past 5 years. Surry, VA is a moderately popular place for families, as children make up 18.5% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,870	-7.0%
% Under 18	18.5%	6.3%
% Seniors	27.4%	71.3%
% WFH	10.2%	36.0%
% w/ College Degree	22.7%	-9.6%

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As of the latest ACS Survey released in 2023, Surry, VA is a predominantly white area, with 51.1% of the population identifying as white. The white population has grown by 4.3% in the last 5 years. The second most common race or ethnicity in Surry, VA is black, making up 44.7% of the population. Foreign-born residents account for 1.0% of the population in Surry, VA, and this percentage has decreased by 44.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	51.1%	4.3%
% Black	44.7%	-7.1%
% Hispanic	1.9%	26.7%
% Asian	0.0%	N/A
% Foreign Born	1.0%	-44.4%

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Mortgage and Risk — Surry, VA

According to HUD data as of 2023, there were 47 mortgage originations in Surry, VA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Surry, VA. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	47
% Conventional Loans	74.0%
% Government Loans	26.0%
% Investor Loans	2.0%
% Second Loans	4.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Surry, VA

Surry, VA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$820
2 Bedroom	N/A	N/A	$1,010
3 Bedroom	N/A	N/A	$1,420
4 Bedroom	N/A	N/A	$1,700

Surry, VA—23883

Key Metrics at a Glance

Home Price Trends — Surry, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Surry, VA

% of Rental Stock

Property Listings — Surry, VA

Demographics — Surry, VA

Race and Ethnicity

Mortgage and Risk — Surry, VA

Mortgages

Rentals and Section 8 — Surry, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Surry, VA

Home Price to Income Ratio

Surry, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Elberon, VA

Williamsburg, VA

Hoopes Landing, VA

Smithfield, VA

Dendron, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$298,000
Median Household Income	$73,100

Surry, VA—23883

Key Metrics at a Glance

Home Price Trends — Surry, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Surry, VA

% of Rental Stock

Property Listings — Surry, VA

Demographics — Surry, VA

Race and Ethnicity

Mortgage and Risk — Surry, VA

Mortgages

Rentals and Section 8 — Surry, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Surry, VA

Home Price to Income Ratio

Surry, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Elberon, VA

Williamsburg, VA

Hoopes Landing, VA

Smithfield, VA

Dendron, VA

Frequently Asked Questions

What is the average home price in Surry, VA 23883?

How have home prices in Surry, VA 23883 changed over the past year?

What is the home price projection for Surry, VA 23883?

What are the demographics of Surry, VA 23883?

How long does it take homes to sell in Surry, VA 23883?

What is the average rent price in Surry, VA 23883?