23890 — Surry County, Virginia Market Snapshot
Housing market data for zip code 23890 in Surry County, Virginia. Updated monthly with median prices, days on market, and more.
Market Sales Data
12 sales in 2026 (year to date)
Median Sale Price
$229,950
Days to Sell
29
Homes Sold
12
Inventory
11
Sale-to-List
101.0%
New Listings
13
Price/SqFt
$154
Pending Sales
16
Conforming Loan Available
Most homebuyers in 23890 can comfortably use conventional financing. The median home price of $229,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 23890 are moving quickly at 29 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 23890 (101.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 23890 can comfortably use conventional financing. The median home price of $229,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 23890 are set at the county level.
2026 Loan Limits — Surry County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $757,850 |
| 2 Units | $1,066,250 | $970,200 |
| 3 Units | $1,288,800 | $1,172,750 |
| 4 Units | $1,601,750 | $1,457,450 |
Affordability Snapshot — Zip 23890
To purchase the median home at $229,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,912.
Monthly Payment
$1,912
Income Required
$81,935
Principal & Interest
$1,417/mo
Down Payment (5%)
$11,498
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 23890.
Estimated Monthly Payment
$1,573
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