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Ivanhoe, VA

Full City Profile · Virginia · Galax city County

2.5 /5.0
C+ Fair
711 Population 265/sq mi density
$37,313 Median Income $11,855 per capita
$87,700 Home Value $133,989 Zillow
53°F Avg Temperature 305 sunny days/yr
97 Violent Crime/100K 2,634 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$37,313 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$87,700 home value, /mo rent
F
Safety
1.0 / 5.0
97 violent crimes/100K
F
Education
1.3 / 5.0
3.8% bachelor's degree or higher

Housing Overview

Median Home Value
$87,700
69% below
US avg: $281,900
Homeownership Rate
93.1%
42% above US avg (65.4%)
Total Housing Units
196
Median year built: 1968

Home Value by Source

Census Median
$87,700
Zillow (ZHVI)
$133,989
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

93.1%
Owner-Occupied
6.9%
Renter-Occupied
93%
7%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo

Affordability & Housing Stock

Rent Burden
25.3%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
93.1%

Complete Housing Data

Home Values

Census Median Value$87,700
Zillow Home Value (ZHVI)$133,989

Rent

FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Ownership & Stock

Owner-Occupied93.1%
Renter-Occupied6.9%
Homeownership Rate93.1%
Total Housing Units196
Median Year Built1968
Rent Burden25.3%