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Glasgow town, VA

ZIP 24555 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 24555

Median Home Value
$165,800
Median Rent
$416
Affordability Snapshot
$46,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,065/mo PITI).

9%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

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

33.2 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 24555 in Glasgow town, 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 $1,065. That sits below the local median household income ($53,816), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 18% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
74.8%+14% vs US avg
x
Vacancy Rate
17.7%+71% vs US avg
x
Broadband Access
86.2%-1% vs US avg
x
4+ Bedrooms
3.4%-77% vs US avg
x
Built Pre-1939
6.2%-51% vs US avg
x
Built Post-2014
1.9%-73% vs US avg
x
Rent Burden >30%
9.4%-81% vs US avg
x
Mortgage-Free
42.6%+12% vs US avg
x
$165,800
Home Value
$416
Rent
1963
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached89.4%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units3.5%
  • Mobile home & other7.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$165,800
Median rent$416
Owner-occupied74.8%
Vacant17.7%
Price-to-income3.1x
Est. income to buy$46,000