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These days, finding an affordable place to live in the 24216 area can be challenging. Home prices in 24216 are now at a median cost of $54,782, lower than the Virginia average of $443,089.
The average cost of rent is $764/mo in 24216, primarily driven by the current value of real estate in the 24216 area. In 24216, 23.79% of households rent, and 64.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 24216 is $3,271 per month. Households that rent pay about 23.36% of their income on rent here. 24216’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 24219, VA: higher priced homes
- 24246, VA: higher priced homes
- 40855, KY: equally priced homes
- 40862, KY: less expensive homes
- 24265, VA: equally priced homes
- 40807, KY: equally priced homes
- 24273, VA: higher priced homes
- 40826, KY: less expensive homes
- 40843, KY: less expensive homes
- 40823, KY: higher priced homes
Zip Codes with Similar Populations
- 13618, NY: higher priced homes
- 13120, NY: higher priced homes
- 13042, NY: higher priced homes
- 50601, IA: higher priced homes
- 45054, OH: higher priced homes
- 78152, TX: higher priced homes
- 38317, TN: higher priced homes
- 53002, WI: higher priced homes
- 80133, CO: higher priced homes
- 29437, SC: higher priced homes
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