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These days, finding an affordable place to live in the 24562 area can be challenging. Home prices in 24562 are now at a median cost of $257,067, lower than the Virginia average of $443,089.
The average cost of rent is $770/mo in 24562, primarily driven by the current value of real estate in the 24562 area. In 24562, 21.87% of households rent, and 56.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 24562 is $4,542 per month. Households that rent pay about 16.96% of their income on rent here. 24562’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 23921, VA: equally priced homes
- 24599, VA: equally priced homes
- 22969, VA: higher priced homes
- 24581, VA: higher priced homes
- 22971, VA: higher priced homes
- 23004, VA: less expensive homes
- 23936, VA: less expensive homes
- 22949, VA: higher priced homes
- 23123, VA: less expensive homes
- 24553, VA: less expensive homes
Zip Codes with Similar Populations
- 65762, MO: less expensive homes
- 51431, IA: less expensive homes
- 52309, IA: less expensive homes
- 52560, IA: equally priced homes
- 52752, IA: less expensive homes
- 55085, MN: higher priced homes
- 55752, MN: higher priced homes
- 57722, SD: higher priced homes
- 61851, IL: less expensive homes
- 62248, IL: less expensive homes
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