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These days, finding an affordable place to live in the 24550 area can be challenging. Home prices in 24550 are now at a median cost of $174,136, lower than the Virginia average of $323,261.
The average cost of rent is $922/mo in 24550, primarily driven by the current value of real estate in the 24550 area. While nearly 42.18% of residents own their homes outright in 24550, 22.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 24550 is $5,000 per month. Households that rent pay about 18.43% of their income on rent here. 24550's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 24551, VA: higher priced homes
- 24502, VA: equally priced homes
- 24588, VA: less expensive homes
- 24517, VA: less expensive homes
- 24571, VA: less expensive homes
- 24556, VA: higher priced homes
- 24501, VA: less expensive homes
- 24570, VA: equally priced homes
- 24504, VA: less expensive homes
- 24554, VA: less expensive homes
Zip Codes with Similar Populations
- 98239, WA: higher priced homes
- 98014, WA: higher priced homes
- 37820, TN: equally priced homes
- 61010, IL: equally priced homes
- 56329, MN: higher priced homes
- 56265, MN: less expensive homes
- 52742, IA: higher priced homes
- 48657, MI: less expensive homes
- 48616, MI: less expensive homes
- 48519, MI: less expensive homes
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