USA.com / Virginia / Lexington, VA / 24450 / Housing

24450 Zip Code Housing

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As of 2010-2014, median price of a house in 24450 Zip Code is $243,100, which is about the same as the state average of $243,500 and is higher than the national average of $175,700. The 24450 Zip Code median house value has grown by 96.68% since 2000. The growth rate for the price of a house in 24450 Zip Code is higher than the state average rate of 94.18% and is much higher than the national average rate of 46.91%. The median year that a house in 24450 Zip Code was built is 1971, which is older than the median year for a house built in the state which is 1980 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 3,811 Owner Occupied Houses in 24450 Zip Code, see rank

24450 Zip Code	243,100 USD
Virginia	243,500 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

24450 Zip Code	96.68%
Virginia	94.18%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	24450 Zip Code	Virginia	U.S.
Total Housing Units	6,846, see rank, 100%	3,403,241	132,741,033
Occupied Housing Units	5,833, 85.20%, see rank	89.38%	87.55%
Owner Occupied	3,811, 55.67%, see rank	59.60%	56.34%
Renter Occupied	2,022, 29.54%, see rank	29.78%	31.21%
Vacant Housing Units	1,013, 14.80%, see rank	10.62%	12.45%
For Rent	107, 1.56%, see rank	2.10%	2.34%
For Sale Only	24, 0.35%, see rank	1.09%	1.20%
Rented or Sold, Not Occupied	193, 2.82%, see rank	1.20%	0.92%
For Seasonal, Recreational, or Occasional Use	339, 4.95%, see rank	2.67%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	350, 5.11%, see rank	3.55%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #651

24450 Zip Code	Virginia	U.S.
1971	1980	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	24450 Zip Code	%	Virginia	U.S.
Owner-Occupied Units	3,811	100%	2,028,244	74,787,460
With a Mortgage	2,152	56.47%, see rank	71.14%	65.58%
Without a Mortgage	1,659	43.53%, see rank	28.86%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

24450 Zip Code	1,369 USD
Virginia	1,742 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	24450 Zip Code	%	Virginia	U.S.
$299 or Less	11	0.51%, see rank	0.23%	0.20%
$300 to $499	8	0.37%, see rank	1.45%	1.59%
$500 to $699	201	9.34%, see rank	3.72%	5.01%
$700 to $999	326	15.15%, see rank	10.40%	14.32%
$1,000 to $1,499	689	32.02%, see rank	23.15%	27.90%
$1,500 to $1,999	416	19.33%, see rank	21.20%	20.35%
$2,000 to $2,999	394	18.31%, see rank	24.77%	19.52%
$3,000 or More	107	4.97%, see rank	15.06%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

24450 Zip Code	26.00% of the Total Income
Virginia	23.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	24450 Zip Code	%	Virginia	U.S.
10% or Less	106	4.93%, see rank	6.18%	5.86%
10% to 20%	541	25.14%, see rank	32.74%	31.95%
20% to 30%	653	30.34%, see rank	29.30%	27.64%
30% to 40%	343	15.94%, see rank	13.96%	13.74%
40% or More	496	23.05%, see rank	17.46%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

24450 Zip Code	440 USD
Virginia	429 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	24450 Zip Code	%	Virginia	U.S.
$199 or Less	96	5.79%, see rank	8.34%	7.76%
$200 to $299	206	12.42%, see rank	17.18%	14.70%
$300 to $499	794	47.86%, see rank	35.90%	34.63%
$500 to $699	338	20.37%, see rank	20.27%	21.16%
$700 or More	225	13.56%, see rank	18.31%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

24450 Zip Code	11.00% of the Total Income
Virginia	10.80% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	24450 Zip Code	%	Virginia	U.S.
10% or Less	744	44.85%, see rank	46.49%	40.19%
10% to 20%	518	31.22%, see rank	29.97%	31.47%
20% to 30%	172	10.37%, see rank	10.53%	12.24%
30% to 40%	80	4.82%, see rank	4.67%	5.64%
40% or More	100	6.03%, see rank	7.24%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	24450 Zip Code	Virginia	U.S.
Total Housing Units	6,846, 100%	3,403,241	132,741,033
1-unit, Detached	5,159, 75.36%, see rank	61.97%	61.65%
1-unit, Attached	139, 2.03%, see rank	10.88%	5.82%
2 Units	372, 5.43%, see rank	1.67%	3.75%
3 or 4 Units	128, 1.87%, see rank	2.74%	4.43%
5 to 9 Units	210, 3.07%, see rank	4.64%	4.78%
10 or More Units	417, 6.09%, see rank	12.76%	13.08%
Mobile Home, Boat, RV, Van, etc.	421, 6.15%, see rank	5.34%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	24450 Zip Code	Virginia	U.S.
Total Housing Units	6,846, 100%	3,403,241	132,741,033
1 Room	92, 1.34%, see rank	1.33%	1.95%
2 Rooms	107, 1.56%, see rank	1.73%	2.48%
3 Rooms	359, 5.24%, see rank	6.92%	9.13%
4 Rooms	1,317, 19.24%, see rank	14.48%	16.60%
5 Rooms	948, 13.85%, see rank	17.82%	20.41%
6 Rooms	1,155, 16.87%, see rank	16.80%	18.06%
7 Rooms	868, 12.68%, see rank	13.06%	12.27%
8 Rooms	805, 11.76%, see rank	10.92%	8.48%
9 Rooms or More	1,195, 17.46%, see rank	16.94%	10.60%
Median Rooms	6.00, see rank	6.00	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	24450 Zip Code	Virginia	U.S.
Total Housing Units	6,846, 100%	3,403,241	132,741,033
No Bedroom	107, 1.56%, see rank	1.46%	2.17%
1 Bedroom	627, 9.16%, see rank	8.47%	11.16%
2 Bedrooms	1,861, 27.18%, see rank	23.83%	26.69%
3 Bedrooms	2,959, 43.22%, see rank	39.65%	39.70%
4 Bedrooms	1,032, 15.07%, see rank	20.28%	16.05%
5 or More Bedrooms	260, 3.80%, see rank	6.31%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	24450 Zip Code	Virginia	U.S.
Total Housing Units	5,833, 100%	3,041,710	116,211,092
Utility Gas	1,448, 24.82%, see rank	33.74%	48.85%
Bottled, Tank, or LP Gas	528, 9.05%, see rank	4.51%	4.86%
Electricity	2,255, 38.66%, see rank	52.28%	36.68%
Fuel Oil, Kerosene, etc.	661, 11.33%, see rank	6.01%	5.86%
Coal or Coke	0, 0.00%, see rank	0.08%	0.12%
Wood	849, 14.56%, see rank	2.76%	2.12%
Solar Energy	29, 0.50%, see rank	0.02%	0.05%
Other Fuel	51, 0.87%, see rank	0.29%	0.47%
No Fuel Used	12, 0.21%, see rank	0.30%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	24450 Zip Code	Virginia	U.S.
Occupied Units Paying Rent	1,920, 100%	957,686	39,201,928
$199 or Less	78, 4.06%, see rank	1.61%	1.50%
$200 to $299	103, 5.36%, see rank	2.46%	3.18%
$300 to $499	166, 8.65%, see rank	5.54%	7.37%
$500 to $699	449, 23.39%, see rank	10.39%	16.01%
$700 to $999	536, 27.92%, see rank	22.57%	29.17%
$1,000 to $1,499	354, 18.44%, see rank	30.50%	26.88%
$1,500 to $1,999	66, 3.44%, see rank	15.76%	9.79%
$2,000 or More	168, 8.75%, see rank	11.16%	6.10%
Median	$783, see rank	$1,108	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	24450 Zip Code	Virginia	U.S.
Occupied Housing Units	5,833, 100%	3,041,710	116,211,092
No Vehicles Available	340, 5.83%, see rank	6.38%	9.12%
1 Vehicles Available	1,513, 25.94%, see rank	30.54%	33.80%
2 Vehicles Available	2,510, 43.03%, see rank	38.24%	37.48%
3 or More Vehicles Available	1,470, 25.20%, see rank	24.84%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.