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Horse Pasture

Learn about the people, housing, costs and businesses in Horse Pasture, Virginia

Median Home$137,769
Median Rent$824/month
Population2,074
Leading IndustriesRetail · Public Administration · Wholesale Trade17% retail
Home Value Growth⬆⬆+18.5% over 2 years
Retirees26% of residentsabove average nationally
Homeowners84% of occupied units
NotableTransit86/100 · excellent transit access
NotableVeteran Community9% of residents · top 22% nationally
Horse Pasture
VA

Frequently Asked Questions

What are today's mortgage rates in Horse Pasture?

As of today, the 30-year fixed mortgage rate for Horse Pasture is approximately 6.966% (7.008% 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 Horse Pasture?

The median home value in Horse Pasture is $138k. The median monthly rent is $824. Annual property taxes average $610. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Horse Pasture?

Home values in Horse Pasture have increased 18.5% over the past two years. This indicates a strong appreciation trend. 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 Horse Pasture?

Based on a typical all-in ownership cost of $579/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Horse Pasture is $52k/year.

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What industries drive the economy in Horse Pasture?

The largest employment sectors in Horse Pasture are public administration (27%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.