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Ivy

Learn about the people, housing, costs and businesses in Ivy, Virginia

Median Home$738,700
Median Rent$1,181/month
Population871
Leading IndustriesArts, Food & Hospitality · Public Administration · Professional Services17% arts, food & hospitality
Home Value Growth⬆⬆+20.6% over 2 years
Retirees27% of residentsabove average nationally
Homeowners91% of occupied units
NotableHighly Educated41% bachelor's · 25% graduate · top 1% nationally
NotableHigh Incomes$188k/year · top 2% nationally
Ivy
VA

Frequently Asked Questions

What are today's mortgage rates in Ivy?

As of today, the 30-year fixed mortgage rate for Ivy is approximately 6.795% (6.827% 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 Ivy?

The median home value in Ivy is $739k. The median monthly rent is $1,181. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ivy?

Home values in Ivy have increased 20.6% 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 Ivy?

Based on a typical all-in ownership cost of $2,400/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $103k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ivy is $188k/year.

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What industries drive the economy in Ivy?

The largest employment sectors in Ivy are public administration (35%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.