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Sandy Level

Learn about the people, housing, costs and businesses in Sandy Level, Virginia

Median Home$109,400
Median Rent$783/month
Population461
Leading IndustriesInformation & Media · Finance & Insurance · Retail13% information & media
Home Value Growth⬆⬆+16.4% over 2 years
Retirees21% of residentsnear the national average
Homeowners78% of occupied units
NotableAffordable Market$109k median home · lower cost than 89% of the country
Sandy Level
VA

Frequently Asked Questions

What are today's mortgage rates in Sandy Level?

As of today, the 30-year fixed mortgage rate for Sandy Level is approximately 7.031% (7.072% 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 Sandy Level?

The median home value in Sandy Level is $109k. The median monthly rent is $783. Annual property taxes average $552. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sandy Level?

Home values in Sandy Level have increased 16.4% 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 Sandy Level?

Based on a typical all-in ownership cost of $615/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sandy Level is $43k/year.

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What industries drive the economy in Sandy Level?

The largest employment sectors in Sandy Level are retail (17%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.