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These days, finding an affordable place to live in the 24220 area can be challenging. Home prices in 24220 are now at a median cost of $106,795, lower than the Virginia average of $443,089.
The average cost of rent is $832/mo in 24220, primarily driven by the current value of real estate in the 24220 area. In 24220, 12.11% of households rent, and 70.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 24220 is $3,320 per month. Households that rent pay about 25.06% of their income on rent here. 24220’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern 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
- 24256, VA: equally priced homes
- 24226, VA: less expensive homes
- 24217, VA: equally priced homes
- 24656, VA: equally priced homes
- 24239, VA: less expensive homes
- 24628, VA: less expensive homes
- 24269, VA: less expensive homes
- 24607, VA: less expensive homes
- 24228, VA: equally priced homes
- 24237, VA: less expensive homes
Zip Codes with Similar Populations
- 85632, AZ: higher priced homes
- 14841, NY: higher priced homes
- 97489, OR: higher priced homes
- 15351, PA: higher priced homes
- 95615, CA: higher priced homes
- 19319, PA: higher priced homes
- 88339, NM: higher priced homes
- 22726, VA: higher priced homes
- 24280, VA: higher priced homes
- 02650, MA: higher priced homes
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