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These days, finding an affordable place to live in the 24551 area can be challenging. Home prices in 24551 are now at a median cost of $301,055, lower than the Virginia average of $323,261.
The average cost of rent is $972/mo in 24551, primarily driven by the current value of real estate in the 24551 area. While nearly 34.65% of residents own their homes outright in 24551, 18.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in 24551 is $7,865 per month. Households that rent pay about 12.36% of their income on rent here. 24551's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 24502, VA: less expensive homes
- 24556, VA: equally priced homes
- 24550, VA: less expensive homes
- 24501, VA: less expensive homes
- 24503, VA: less expensive homes
- 24570, VA: less expensive homes
- 24536, VA: equally priced homes
- 24504, VA: less expensive homes
- 24588, VA: less expensive homes
- 24572, VA: less expensive homes
Zip Codes with Similar Populations
- 66221, KS: higher priced homes
- 07430, NJ: higher priced homes
- 37148, TN: less expensive homes
- 28037, NC: higher priced homes
- 92835, CA: higher priced homes
- 28328, NC: less expensive homes
- 90602, CA: higher priced homes
- 30233, GA: less expensive homes
- 30241, GA: less expensive homes
- 53225, WI: less expensive homes
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