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ZIP 24007 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

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Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 24007

Median Home Value
$687,500
Median Rent
$1,063
Affordability Snapshot
$189,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,416/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

11.8x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

53.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 24007, a household would need roughly $189,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,416. That is about 225% above the local median household income ($58,178), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
6.0%-91% vs US avg
x
Vacancy Rate
10.3%+0% vs US avg
x
Broadband Access
89.5%+3% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
7.9%-38% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
11.0%-78% vs US avg
x
Mortgage-Free
40.3%+5% vs US avg
x
$687,500
Home Value
$1,063
Rent
1938
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached3.5%
  • 1-unit attached1.1%
  • 2-9 units11.0%
  • 10+ units84.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$687,500
Median rent$1,063
Owner-occupied6.0%
Vacant10.3%
Price-to-income11.8x
Est. income to buy$189,000