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These days, finding an affordable place to live in the 24501 area can be challenging. Home prices in 24501 are now at a median cost of $179,777, lower than the Virginia average of $443,089.
The average cost of rent is $966/mo in 24501, primarily driven by the current value of real estate in the 24501 area. In 24501, 52.63% of households rent, and 44.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 24501 is $4,121 per month. Households that rent pay about 23.45% of their income on rent here. 24501’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 24502, VA: higher priced homes
- 24504, VA: equally priced homes
- 24503, VA: higher priced homes
- 24572, VA: higher priced homes
- 24551, VA: higher priced homes
- 24588, VA: higher priced homes
- 24550, VA: higher priced homes
- 24536, VA: higher priced homes
- 24538, VA: higher priced homes
- 24556, VA: higher priced homes
Zip Codes with Similar Populations
- 45039, OH: higher priced homes
- 97420, OR: higher priced homes
- 95618, CA: higher priced homes
- 95242, CA: higher priced homes
- 93405, CA: higher priced homes
- 92604, CA: higher priced homes
- 92227, CA: higher priced homes
- 91724, CA: higher priced homes
- 90292, CA: higher priced homes
- 77005, TX: higher priced homes
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