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These days, finding an affordable place to live in the 24557 area can be challenging. Home prices in 24557 are now at a median cost of $135,798, lower than the Virginia average of $443,089.
The average cost of rent is $762/mo in 24557, primarily driven by the current value of real estate in the 24557 area. In 24557, 28.01% of households rent, and 64.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 24557 is $3,509 per month. Households that rent pay about 21.72% of their income on rent here. 24557’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern 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
- 24139, VA: equally priced homes
- 24563, VA: equally priced homes
- 24531, VA: higher priced homes
- 24565, VA: higher priced homes
- 24161, VA: higher priced homes
- 24569, VA: higher priced homes
- 24137, VA: higher priced homes
- 24176, VA: higher priced homes
- 24577, VA: higher priced homes
- 24092, VA: higher priced homes
Zip Codes with Similar Populations
- 54020, WI: higher priced homes
- 68661, NE: higher priced homes
- 67880, KS: less expensive homes
- 65459, MO: higher priced homes
- 65049, MO: higher priced homes
- 62906, IL: equally priced homes
- 62565, IL: higher priced homes
- 60135, IL: higher priced homes
- 56347, MN: higher priced homes
- 55947, MN: higher priced homes
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