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These days, finding an affordable place to live in the 24316 area can be challenging. Home prices in 24316 are now at a median cost of $180,600, lower than the Virginia average of $323,261.
The average cost of rent is $696/mo in 24316, primarily driven by the current value of real estate in the 24316 area. While nearly 55.23% of residents own their homes outright in 24316, 18.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in 24316 is $4,983 per month. Households that rent pay about 13.97% of their income on rent here. 24316's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 24377, VA: equally priced homes
- 24370, VA: less expensive homes
- 24637, VA: less expensive homes
- 24609, VA: less expensive homes
- 24354, VA: less expensive homes
- 24641, VA: less expensive homes
- 24612, VA: less expensive homes
- 24280, VA: less expensive homes
- 24318, VA: less expensive homes
- 24311, VA: less expensive homes
Zip Codes with Similar Populations
- 99732, AK: less expensive homes
- 99706, AK: higher priced homes
- 99656, AK: equally priced homes
- 99154, WA: less expensive homes
- 99144, WA: less expensive homes
- 04635, ME: higher priced homes
- 63442, MO: less expensive homes
- 71772, AR: less expensive homes
- 71452, LA: higher priced homes
- 71316, LA: less expensive homes
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