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These days, finding an affordable place to live in the 24162 area can be challenging. Home prices in 24162 are now at a median cost of $164,067, lower than the Virginia average of $323,261.
The average cost of rent is $877/mo in 24162, primarily driven by the current value of real estate in the 24162 area. While nearly 45.25% of residents own their homes outright in 24162, 46.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 24162 is $5,262 per month. Households that rent pay about 16.66% of their income on rent here. 24162's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 24087, VA: equally priced homes
- 24138, VA: less expensive homes
- 24059, VA: higher priced homes
- 24072, VA: equally priced homes
- 24073, VA: higher priced homes
- 24079, VA: equally priced homes
- 24061, VA: higher priced homes
- 24060, VA: higher priced homes
- 24149, VA: higher priced homes
- 24153, VA: higher priced homes
Zip Codes with Similar Populations
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- 71275, LA: less expensive homes
- 37809, TN: less expensive homes
- 38761, MS: less expensive homes
- 38833, MS: less expensive homes
- 01022, MA: equally priced homes
- 42087, KY: less expensive homes
- 42274, KY: equally priced homes
- 43128, OH: less expensive homes
- 44807, OH: less expensive homes
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