USA.com / Virginia / Grayson County / Independence, VA / 24348 / Housing

24348 Zip Code Housing

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As of 2010-2014, median price of a house in 24348 Zip Code is $99,900, which is much lower than the state average of $243,500 and is much lower than the national average of $175,700. The 24348 Zip Code median house value has grown by 22.13% since 2000. The growth rate for the price of a house in 24348 Zip Code is much lower than the state average rate of 94.18% and is lower than the national average rate of 46.91%. The median year that a house in 24348 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 1,237 Owner Occupied Houses in 24348 Zip Code, see rank

24348 Zip Code	99,900 USD
Virginia	243,500 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

24348 Zip Code	22.13%
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

	24348 Zip Code	Virginia	U.S.
Total Housing Units	2,337, see rank, 100%	3,403,241	132,741,033
Occupied Housing Units	1,722, 73.68%, see rank	89.38%	87.55%
Owner Occupied	1,237, 52.93%, see rank	59.60%	56.34%
Renter Occupied	485, 20.75%, see rank	29.78%	31.21%
Vacant Housing Units	615, 26.32%, see rank	10.62%	12.45%
For Rent	44, 1.88%, see rank	2.10%	2.34%
For Sale Only	114, 4.88%, see rank	1.09%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	1.20%	0.92%
For Seasonal, Recreational, or Occasional Use	167, 7.15%, see rank	2.67%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	290, 12.41%, see rank	3.55%	4.00%

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

Year Structure Built

Median Built Year, #651

24348 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

	24348 Zip Code	%	Virginia	U.S.
Owner-Occupied Units	1,237	100%	2,028,244	74,787,460
With a Mortgage	404	32.66%, see rank	71.14%	65.58%
Without a Mortgage	833	67.34%, 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

24348 Zip Code	919 USD
Virginia	1,742 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	24348 Zip Code	%	Virginia	U.S.
$299 or Less	0	0.00%, see rank	0.23%	0.20%
$300 to $499	24	5.94%, see rank	1.45%	1.59%
$500 to $699	73	18.07%, see rank	3.72%	5.01%
$700 to $999	159	39.36%, see rank	10.40%	14.32%
$1,000 to $1,499	91	22.52%, see rank	23.15%	27.90%
$1,500 to $1,999	21	5.20%, see rank	21.20%	20.35%
$2,000 to $2,999	36	8.91%, see rank	24.77%	19.52%
$3,000 or More	0	0.00%, see rank	15.06%	11.12%

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

24348 Zip Code	24.30% 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

	24348 Zip Code	%	Virginia	U.S.
10% or Less	17	4.21%, see rank	6.18%	5.86%
10% to 20%	126	31.19%, see rank	32.74%	31.95%
20% to 30%	83	20.54%, see rank	29.30%	27.64%
30% to 40%	85	21.04%, see rank	13.96%	13.74%
40% or More	93	23.02%, 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

24348 Zip Code	264 USD
Virginia	429 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	24348 Zip Code	%	Virginia	U.S.
$199 or Less	196	23.53%, see rank	8.34%	7.76%
$200 to $299	285	34.21%, see rank	17.18%	14.70%
$300 to $499	308	36.97%, see rank	35.90%	34.63%
$500 to $699	30	3.60%, see rank	20.27%	21.16%
$700 or More	14	1.68%, see rank	18.31%	21.75%

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

24348 Zip Code	10.00% 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

	24348 Zip Code	%	Virginia	U.S.
10% or Less	423	50.78%, see rank	46.49%	40.19%
10% to 20%	233	27.97%, see rank	29.97%	31.47%
20% to 30%	82	9.84%, see rank	10.53%	12.24%
30% to 40%	20	2.40%, see rank	4.67%	5.64%
40% or More	59	7.08%, 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

	24348 Zip Code	Virginia	U.S.
Total Housing Units	2,337, 100%	3,403,241	132,741,033
1-unit, Detached	1,716, 73.43%, see rank	61.97%	61.65%
1-unit, Attached	12, 0.51%, see rank	10.88%	5.82%
2 Units	27, 1.16%, see rank	1.67%	3.75%
3 or 4 Units	71, 3.04%, see rank	2.74%	4.43%
5 to 9 Units	51, 2.18%, see rank	4.64%	4.78%
10 or More Units	72, 3.08%, see rank	12.76%	13.08%
Mobile Home, Boat, RV, Van, etc.	388, 16.60%, see rank	5.34%	6.49%

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

Rooms

	24348 Zip Code	Virginia	U.S.
Total Housing Units	2,337, 100%	3,403,241	132,741,033
1 Room	58, 2.48%, see rank	1.33%	1.95%
2 Rooms	39, 1.67%, see rank	1.73%	2.48%
3 Rooms	142, 6.08%, see rank	6.92%	9.13%
4 Rooms	377, 16.13%, see rank	14.48%	16.60%
5 Rooms	523, 22.38%, see rank	17.82%	20.41%
6 Rooms	437, 18.70%, see rank	16.80%	18.06%
7 Rooms	240, 10.27%, see rank	13.06%	12.27%
8 Rooms	317, 13.56%, see rank	10.92%	8.48%
9 Rooms or More	204, 8.73%, see rank	16.94%	10.60%
Median Rooms	5.60, see rank	6.00	5.50

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

Bedrooms

	24348 Zip Code	Virginia	U.S.
Total Housing Units	2,337, 100%	3,403,241	132,741,033
No Bedroom	58, 2.48%, see rank	1.46%	2.17%
1 Bedroom	159, 6.80%, see rank	8.47%	11.16%
2 Bedrooms	642, 27.47%, see rank	23.83%	26.69%
3 Bedrooms	1,202, 51.43%, see rank	39.65%	39.70%
4 Bedrooms	180, 7.70%, see rank	20.28%	16.05%
5 or More Bedrooms	96, 4.11%, see rank	6.31%	4.22%

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

House Heating Fuel

	24348 Zip Code	Virginia	U.S.
Total Housing Units	1,722, 100%	3,041,710	116,211,092
Utility Gas	13, 0.75%, see rank	33.74%	48.85%
Bottled, Tank, or LP Gas	171, 9.93%, see rank	4.51%	4.86%
Electricity	811, 47.10%, see rank	52.28%	36.68%
Fuel Oil, Kerosene, etc.	431, 25.03%, see rank	6.01%	5.86%
Coal or Coke	0, 0.00%, see rank	0.08%	0.12%
Wood	286, 16.61%, see rank	2.76%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	0, 0.00%, see rank	0.29%	0.47%
No Fuel Used	10, 0.58%, see rank	0.30%	1.00%

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

Gross Rent

Monthly Rental	24348 Zip Code	Virginia	U.S.
Occupied Units Paying Rent	448, 100%	957,686	39,201,928
$199 or Less	24, 5.36%, see rank	1.61%	1.50%
$200 to $299	57, 12.72%, see rank	2.46%	3.18%
$300 to $499	165, 36.83%, see rank	5.54%	7.37%
$500 to $699	126, 28.13%, see rank	10.39%	16.01%
$700 to $999	39, 8.71%, see rank	22.57%	29.17%
$1,000 to $1,499	27, 6.03%, see rank	30.50%	26.88%
$1,500 to $1,999	10, 2.23%, see rank	15.76%	9.79%
$2,000 or More	0, 0.00%, see rank	11.16%	6.10%
Median	$480, see rank	$1,108	$920

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

Vehicle Available

	24348 Zip Code	Virginia	U.S.
Occupied Housing Units	1,722, 100%	3,041,710	116,211,092
No Vehicles Available	90, 5.23%, see rank	6.38%	9.12%
1 Vehicles Available	519, 30.14%, see rank	30.54%	33.80%
2 Vehicles Available	668, 38.79%, see rank	38.24%	37.48%
3 or More Vehicles Available	445, 25.84%, see rank	24.84%	19.61%

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