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, VA

ZIP 24529 — Housing & Real Estate

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

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 24529

Median Home Value
$167,300
Median Rent
$292
Affordability Snapshot
$46,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,075/mo PITI).

10%
Rent-to-Income Ratio

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

4.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

47.7 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 24529 in VA, a household would need roughly $46,000 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 $1,075. That is about 34% above the local median household income ($34,375), 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 35% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
78.4%+20% vs US avg
x
Vacancy Rate
35.4%+244% vs US avg
x
Broadband Access
68.9%-21% vs US avg
x
4+ Bedrooms
2.6%-82% vs US avg
x
Built Pre-1939
9.4%-27% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
17.2%-65% vs US avg
x
Mortgage-Free
79.4%+108% vs US avg
x
$167,300
Home Value
$292
Rent
1982
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

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

  • 1-unit detached71.1%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.8%
  • Mobile home & other28.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$167,300
Median rent$292
Owner-occupied78.4%
Vacant35.4%
Price-to-income4.9x
Est. income to buy$46,000