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These days, finding an affordable place to live in the 24318 area can be challenging. Home prices in 24318 are now at a median cost of $110,242, lower than the Virginia average of $443,089.
The average cost of rent is $814/mo in 24318, primarily driven by the current value of real estate in the 24318 area. In 24318, 16.46% of households rent, and 63.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 24318 is $4,980 per month. Households that rent pay about 16.35% of their income on rent here. 24318’s most expensive areas are in the southern regions, while the cheapest areas are in the western 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
- 24311, VA: higher priced homes
- 24368, VA: higher priced homes
- 24377, VA: higher priced homes
- 24323, VA: higher priced homes
- 24354, VA: higher priced homes
- 24316, VA: higher priced homes
- 24382, VA: higher priced homes
- 24374, VA: higher priced homes
- 24637, VA: higher priced homes
- 24322, VA: higher priced homes
Zip Codes with Similar Populations
- 41352, KY: equally priced homes
- 74833, OK: higher priced homes
- 51433, IA: higher priced homes
- 50471, IA: higher priced homes
- 50449, IA: equally priced homes
- 47942, IN: equally priced homes
- 46766, IN: equally priced homes
- 45332, OH: higher priced homes
- 43948, OH: equally priced homes
- 41828, KY: less expensive homes
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