Ivanhoe, VA
Full City Profile · Virginia · Galax city County
2.9
/5.0
C+
Fair
711
Population
265/sq mi density
$37,313
Median Income
$11,855 per capita
$87,700
Home Value
$137,428 Zillow
53°F
Avg Temperature
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$37,313 median income, 5.5% unemployment
A+
Affordability
5.0 / 5.0
$87,700 home value, /mo rent
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)
$137,428
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
93.1%
Owner-Occupied
6.9%
Renter-Occupied
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) | $137,428 |
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-Occupied | 93.1% |
| Renter-Occupied | 6.9% |
| Homeownership Rate | 93.1% |
| Total Housing Units | 196 |
| Median Year Built | 1968 |
| Rent Burden | 25.3% |