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Drakes Branch 23937

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Virginia
$172K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
-46.9%
1-yr changeHow much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.
3
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$130K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Oct 2025 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
201720192020202320242025
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
201720192020202320242025
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
201720192020202320242025
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
201720192020202320242025
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
201720192020202320242025
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
201720192020202320242025
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
201720192020202320242025
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
201720192020202320242025
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
201720192020202320242025
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
201620172018202320252026

Housing Stock

HomesHow many homes we have records for in this area.746
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$130K
Median sizeThe middle home size here, measured in square feet.1,444 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1976
Single familyThe share of homes here that are single-family houses.93%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.80%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.52%
Company ownedThe share of homes owned by a company or trust instead of a person.8.0%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.126.6 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.139
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.96
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.51

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.81%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.5%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.20%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.7%
PopulationHow many people live in this area.1,708
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.25 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$43K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$60K
Average tempThe average temperature here across a full year.57°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Drakes Branch 23937 compares

By median home value, Drakes Branch 23937 is the 8th most expensive of 9 ZIP codes in Charlotte County, and its typical home is worth more than 36% of all homes in Charlotte County.

Home values in Drakes Branch 23937

Share of homes at each estimated value.

Median
$45K$335K
ZIP codes in Charlotte County ranked by median home value
#Charlotte CountyMedian valueHomes
1Red House 23963$186K164
2Cullen 23934$183K246
3Charlotte Court House 23923$175K988
4Phenix 23959$168K446
5Red Oak 23964$165K444
6Randolph 23962$156K217
7Keysville 23947$152K1,896
8Drakes Branch 23937$130K746
9Saxe 23967$130K374

About the Drakes Branch 23937 market

What is the median home price in Drakes Branch 23937, VA?

The median sale price in Drakes Branch 23937, VA is $172,450 (data through October 2025), based on deeds recorded with the county. That is down 46.9% from a year earlier.

How many homes sell in Drakes Branch 23937, VA each year?

3 homes sold in Drakes Branch 23937, VA over the last 12 months (data through October 2025). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Drakes Branch 23937, VA?

Drakes Branch 23937, VA contains 746 residential properties, with a median of 1,444 square feet, 3 bedrooms, built around 1976. The median TopHap Estimate is $130K.

How does Drakes Branch 23937, VA compare to the rest of Charlotte County?

By median home value, Drakes Branch 23937, VA is the 8th most expensive of 9 ZIP codes in Charlotte County. Its typical home is worth more than 36% of all homes in Charlotte County. Keysville 23947 ranks just above it and Saxe 23967 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Drakes Branch 23937, VA?

52% of homes in Drakes Branch 23937, VA are owner-occupied. 8% are held by a company rather than an individual.

How much equity do owners in Drakes Branch 23937, VA hold?

80% of mortgaged homes in Drakes Branch 23937, VA are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Nearby markets

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Explore Drakes Branch 23937 on the map

See every recorded sale, price heat map, school zone and flood overlay across Drakes Branch 23937in TopHap’s interactive 3D map.

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