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These days, finding an affordable place to live in the 24487 area can be challenging. Home prices in 24487 are now at a median cost of $246,496, lower than the Virginia average of $443,089.
The average cost of rent is $535/mo in 24487, primarily driven by the current value of real estate in the 24487 area. In 24487, 20.31% of households rent, and 74.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 24487 is $4,403 per month. Households that rent pay about 12.16% of their income on rent here. 24487’s most expensive areas are in the eastern 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
- 24432, VA: less expensive homes
- 24484, VA: equally priced homes
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- 24430, VA: less expensive homes
- 24485, VA: less expensive homes
- 24411, VA: less expensive homes
- 24459, VA: higher priced homes
- 24479, VA: higher priced homes
- 24954, WV: less expensive homes
Zip Codes with Similar Populations
- 72520, AR: less expensive homes
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- 70076, LA: less expensive homes
- 70352, LA: less expensive homes
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