Zip 24211 (Abingdon, VA) Housing

Housing in 24211 Abingdon, VA is quite valuable, with the median value at $277,600. This value is significantly lower than the US House Median Value of $338,100. However, the 1 year appreciation rate for houses in this area is incredibly high at 18.69%, much higher than the US 1 year House Appreciation rate of 8.27%. This suggests that people are investing more and more into the housing market of Abingdon. It could be a great time to purchase property in this area due to its current low median value and increasing appreciation rate.

The median home cost in Abingdon (zip 24211) is $277,600. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Abingdon (zip 24211) is up 22.5%.

Average Age of Homes

- The median age of Abingdon (zip 24211) real estate is 27 years old

The Rental Market in Abingdon (zip 24211)

- Renters make up 16.2% of the Abingdon (zip 24211) population
- 0.8% of houses and apartments in Abingdon (zip 24211), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Abingdon, Virginia	United States
	4,814.0	139,647,020.0
	31	42
	$277,600	$338,100
	22.5%	16.6%
	67.7%	57.0%
	78.0%	101.1%
	$5.64	$10.98
	$1,308	$2,690
	74.0%	57.4%
	12.7%	11.2%
	13.3%	31.4%
Vacant Housing
	0.8%	1.9%
	0.5%	0.4%
	0.7%	0.7%
	0.5%	0.4%
	4.9%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	1.5%	2.4%
	0.5%	2.8%
	1.8%	3.9%
	4.9%	4.5%
	16.2%	11.3%
	13.3%	13.0%
	23.8%	20.1%
	16.3%	13.6%
	7.0%	8.3%
	8.4%	9.7%
	1.2%	3.9%
	0.8%	2.2%
	1.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	18.0%	13.6%
	18.0%	13.6%
	24.5%	13.6%
	16.2%	13.2%
	16.2%	14.8%
	24.5%	13.6%
	4.5%	10.0%
	2.4%	4.7%
	4.1%	12.2%

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