Blue Ridge Shores: Housing & Real Estate
Housing in Blue Ridge Shores centers on a median value of $221,300 (estimated market value runs 20% higher at $266,551), with median rent $1,917 (1.6× higher than Louisa County median $1,220; 1.2× higher than Virginia median $1,579). Homeownership rate: 89.9%. That's 1.4× below the Louisa County median ($315,300); 1.7× below the Virginia median ($383,700). Market is warm. Vacancy rate 51.5%. New construction makes up 14.1% of stock. A municipal building code is in effect.
- 3.6× annual income — home value vs. household income (vs Virginia 4.1×).
- 9.6 years to break even renting at the median (vs Virginia 19y).
- 4-BR rent is 1.8× a studio — rent gradient by unit size.
- Median rent runs 53% above HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $221,300 — 0.6× the Virginia median ($382,500). Median rent $1,917/month. homeownership rate 89.9% — above the U.S. share of ~65%.
| Affordability · Home Price To Income | 3.6× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 36.9% |
| Affordability · Rent Affordability | cost-burdened |
| Affordability · Pct Severely Rent Burdened | 40.0% |
| Affordability · Poverty Rate | 3.8% |
| Affordability · Property Tax Pct Income | 1.6% |
| Fair Market Rent · Studio rent | $1,080 (vs Virginia $1,492) |
| Fair Market Rent · One-bedroom rent | $1,138 (vs Virginia $1,512) |
| Fair Market Rent · Two-bedroom rent | $1,247 (vs Virginia $1,713) |
| Fair Market Rent · Three-bedroom rent | $1,734 (vs Virginia $2,376) |
| Fair Market Rent · Four-bedroom rent | $1,950 (vs Virginia $2,797) |
| Fair Market Rent · HUD FMR area | Louisa County, VA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $266,551 |
| Median Home Value | $221,300 (vs Virginia $382,500) |
| Median Rent | $1,917 (vs Virginia $1,714) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 51.5% |
| Housing Market · New construction (% of stock) | 14.1% |
| Housing Market · Price Appreciation 2Yr | -6.9% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Virginia median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Virginia median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Virginia median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 0.2% (vs Virginia 49.4%) |
| Broadband · Broadband-capable premises | 621 |
| Electricity · Electricity rate (¢/kWh) | 14.41¢/kWh |
| Electricity · Customers | 3654481 |
| Electricity · Revenue Millions | $6,524 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Virginia median) |
| Mobile Broadband · 5G mobile coverage | 0.787234043 (vs Virginia 100.0%) |
| Mobile Home Parks Detail · County total | 2 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 89.9% (vs Virginia 64.4%) |
|---|---|
| Median Year Built | 1979 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12