Median home value is about $259,000 — about 26% below the U.S. median home value ($348,079).
Housing tenure and rents show owner-occupancy near 85.3% (about 19.9 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 24280 in VA, a household would need roughly $71,000 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 $1,664. That is roughly in line with the local median household income ($69,844). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.