How much do homeowners pay a month in Horse Pasture, VA?
Homeowners with a mortgage in Horse Pasture, VA pay a median of $1,435 (±$173) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $297 (±$36).
42.0% of owned homes carry a mortgage.
In Horse Pasture, the median monthly cost with a mortgage went from $816 in 2015–2019 to $1,435 in 2020–2024 (+75.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- With a mortgage
- $1,435 (±$173)
- Without a mortgage
- $297 (±$36)
- Owned with a mortgage
- 42.0%
Monthly owner costs in Horse Pasture
| Horse Pasture | Henry County | Virginia | United States | |
|---|---|---|---|---|
| With a mortgage | $1,435 (±$173) | $1,061 (±$57) | $2,127 (±$8) | $1,963 |
| Without a mortgage | $297 (±$36) | $356 (±$16) | $589 (±$4) | $638 |
| Owned homes with a mortgage | 42.0% (±12.7 points) | 46.7% (±2.6 points) | 66.9% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $650 (±$101) | $637 (±$34) | $2,790 (±$10) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Horse Pasture, the median cost with a mortgage is higher than in Henry County ($1,061).
It is also lower than in Virginia ($2,127).
It is lower than the national figure ($1,963).
In Henry County, Horse Pasture ranks 1 of 6 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 291 of 448.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Horse Pasture have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $816 (±$77) | $1,435 (±$173) | +75.9% | Up after inflation |
| Median real estate taxes | $495 (±$38) | $650 (±$101) | +31.3% | No measurable change after inflation |
| Median home value | $90,800 (±$20,510) | $123,600 (±$55,446) | +36.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Horse Pasture
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Horse Pasture | — | $1,435 (±$173) | — |
| Martinsville | 6.1 mi | $1,025 (±$99) | Lower |
| Ridgeway | 6.4 mi | $1,321 (±$226) | Not measurably different |
| Collinsville | 6.5 mi | $1,098 (±$83) | Lower |
| Stanleytown | 8.2 mi | $1,318 (±$144) | Not measurably different |
| Chatmoss | 8.5 mi | $1,314 (±$186) | Not measurably different |
| Bassett | 9.1 mi | $970 (±$50) | Lower |
| Stoneville | 12 mi | $1,240 (±$279) | Not measurably different |
| Patrick Springs | 14 mi | $1,349 (±$180) | Not measurably different |
Nearby places with a measurably lower figure: Martinsville, VA ($1,025), Collinsville, VA ($1,098), Bassett, VA ($970).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Henry County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Horse Pasture | $1,435 (±$173) |
| 2 | Ridgeway | $1,321 (±$226) |
| 3 | Stanleytown | $1,318 (±$144) |
| 4 | Chatmoss | $1,314 (±$186) |
| 5 | Collinsville | $1,098 (±$83) |
| 6 | Bassett | $970 (±$50) |
Horse Pasture is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Horse Pasture
What is the average mortgage payment in Horse Pasture?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Horse Pasture, VA is $1,435 (±$173) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Horse Pasture?
Owners without a mortgage in Horse Pasture pay a median of $297 (±$36) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Horse Pasture gone up?
In Horse Pasture, the median monthly cost with a mortgage went from $816 in 2015–2019 to $1,435 in 2020–2024 (+75.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Horse Pasture CDP, Virginia
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Horse Pasture CDP, Virginia
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Horse Pasture CDP, Virginia
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Horse Pasture CDP, Virginia
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Horse Pasture CDP, Virginia
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Horse Pasture CDP, Virginia (place:38552, in state:51).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Horse Pasture at a glance
- Median rent in Horse Pasture
- Income and affordability in Horse Pasture
- Home values in Horse Pasture
- Property taxes in Horse Pasture
- Types of homes in Horse Pasture
- Bedrooms in Horse Pasture
- Age of homes in Horse Pasture
- Heating fuel in Horse Pasture
- Commute and cars in Horse Pasture
- Population growth in Horse Pasture
- Virginia landlord and tenant rules
- Housing across Henry County
- Housing data for every place in Virginia