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Abbs Valley

Learn about the people, housing, costs and businesses in Abbs Valley, Virginia

Median Home$53,598
Median Rent$838/month
Population280
Leading IndustriesTransportation · Manufacturing · Retail4% transportation
Home Value Growth+4.2% over 2 years
Young Adults26% of residents
Homeowners84% of occupied units
NotableTransit85/100 · excellent transit access
NotableAffordable Market$54k median home · lower cost than 100% of the country
Abbs Valley
VA

Frequently Asked Questions

What are today's mortgage rates in Abbs Valley?

As of today, the 30-year fixed mortgage rate for Abbs Valley is approximately 6.900% (6.936% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Abbs Valley?

The median home value in Abbs Valley is $54k. The median monthly rent is $838. Annual property taxes average $390. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Abbs Valley?

Home values in Abbs Valley have increased 4.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Abbs Valley?

Based on a typical all-in ownership cost of $468/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Abbs Valley is $36k/year.

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What industries drive the economy in Abbs Valley?

The largest employment sectors in Abbs Valley are retail (16%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.