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These days, finding an affordable place to live in the 24531 area can be challenging. Home prices in 24531 are now at a median cost of $165,285, lower than the Virginia average of $443,089.
The average cost of rent is $960/mo in 24531, primarily driven by the current value of real estate in the 24531 area. In 24531, 25.90% of households rent, and 64.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 24531 is $3,754 per month. Households that rent pay about 25.57% of their income on rent here. 24531’s most expensive areas are in the northeastern 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
- 24527, VA: equally priced homes
- 24549, VA: equally priced homes
- 24530, VA: less expensive homes
- 24557, VA: less expensive homes
- 24139, VA: less expensive homes
- 24566, VA: less expensive homes
- 24161, VA: equally priced homes
- 24565, VA: equally priced homes
- 24137, VA: higher priced homes
- 24597, VA: equally priced homes
Zip Codes with Similar Populations
- 54665, WI: higher priced homes
- 23024, VA: higher priced homes
- 24251, VA: equally priced homes
- 24266, VA: equally priced homes
- 25143, WV: less expensive homes
- 25271, WV: equally priced homes
- 32136, FL: higher priced homes
- 34431, FL: higher priced homes
- 37322, TN: higher priced homes
- 37861, TN: higher priced homes
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