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These days, finding an affordable place to live in the 24502 area can be challenging. Home prices in 24502 are now at a median cost of $164,776, lower than the Virginia average of $323,261.
The average cost of rent is $961/mo in 24502, primarily driven by the current value of real estate in the 24502 area. While nearly 43.60% of residents own their homes outright in 24502, 48.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in 24502 is $4,913 per month. Households that rent pay about 19.56% of their income on rent here. 24502's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 24501, VA: less expensive homes
- 24551, VA: higher priced homes
- 24503, VA: higher priced homes
- 24504, VA: equally priced homes
- 24550, VA: equally priced homes
- 24588, VA: less expensive homes
- 24572, VA: equally priced homes
- 24556, VA: higher priced homes
- 24536, VA: higher priced homes
- 24570, VA: equally priced homes
Zip Codes with Similar Populations
- 55304, MN: higher priced homes
- 75072, TX: higher priced homes
- 65201, MO: higher priced homes
- 02149, MA: higher priced homes
- 60645, IL: higher priced homes
- 60644, IL: higher priced homes
- 60643, IL: higher priced homes
- 60126, IL: higher priced homes
- 60014, IL: higher priced homes
- 55379, MN: higher priced homes
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