Shipman, VA
Full City Profile · Virginia · Nelson County County
2.4
/5.0
C
Fair
489
Population
182/sq mi density
$45,982
Median Income
$15,330 per capita
$237,900
Home Value
$233,963 Zillow
$1,091
Median Rent
26.6% income on rent
57°F
Avg Temperature
305 sunny days/yr
90
Violent Crime/100K
903 property/100K
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$45,982 median income, 0.0% unemployment
B+
Affordability
3.8 / 5.0
$237,900 home value, $1,091/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
D
Education
1.6 / 5.0
7.6% bachelor's degree or higher
Housing Overview
Median Home Value
$237,900
16% below
US avg: $281,900
Median Rent
$1,091/mo
6% below
US avg: $1,163/mo
Homeownership Rate
57.4%
12% below US avg (65.4%)
Total Housing Units
332
Median year built: 1953
Home Value by Source
Census Median
$237,900
Zillow (ZHVI)
$233,963
Median Sale Price
$245,500
Median List Price
$245,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.4%
Owner-Occupied
42.6%
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
Census median rent:
$1,091/mo
Market Indicators (Redfin)
Median Days on Market
4 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$256
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
26.6%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
57.4%
Complete Housing Data
Home Values
| Census Median Value | $237,900 |
| Zillow Home Value (ZHVI) | $233,963 |
| Median Sale Price | $245,500 |
| Median List Price | $245,500 |
| Price Per Sq Ft | $256 |
Rent
| Census Median Rent | $1,091 |
| 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
| Days on Market | 4 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 1 |
| Active Inventory | 4 |
| Price Per Sq Ft | $256 |
Ownership & Stock
| Owner-Occupied | 57.4% |
| Renter-Occupied | 42.6% |
| Homeownership Rate | 57.4% |
| Total Housing Units | 332 |
| Median Year Built | 1953 |
| Rent Burden | 26.6% |
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