Zip 24517 (Altavista, VA) Housing

The housing market in 24517 Altavista, VA is an attractive option for potential home buyers. According to the given information, the median value of a house in 24517 Altavista, VA is $180,100 which is significantly lower than the US median value of $338,100. Furthermore, the appreciation rate for homes in this area over the past year has been 14.49%, much higher than the US average of 8.27%. This makes investing in real estate in this region an appealing option due to its comparatively low prices and potential for growth.

The median home cost in Altavista (zip 24517) is $180,100. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Altavista (zip 24517) is up 17.9%.

Average Age of Homes

- The median age of Altavista (zip 24517) real estate is 48 years old

The Rental Market in Altavista (zip 24517)

- Renters make up 26.9% of the Altavista (zip 24517) population
- 1.5% of houses and apartments in Altavista (zip 24517), 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	Altavista, Virginia	United States
	2,401.0	139,647,020.0
	54	42
	$180,100	$338,100
	17.9%	16.6%
	51.2%	57.0%
	60.7%	101.1%
	$6.13	$10.98
	$713	$2,690
	59.9%	57.4%
	16.5%	11.2%
	23.6%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	1.7%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	12.2%	4.1%
Value of Owner-Occupied Housing
	4.5%	2.6%
	7.9%	2.4%
	4.5%	2.8%
	5.6%	3.9%
	14.5%	4.5%
	27.7%	11.3%
	16.5%	13.0%
	12.7%	20.1%
	2.2%	13.6%
	1.3%	8.3%
	0.0%	9.7%
	2.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.7%	13.6%
	2.7%	13.6%
	8.5%	13.6%
	8.7%	13.2%
	21.2%	14.8%
	8.5%	13.6%
	15.6%	10.0%
	11.5%	4.7%
	11.9%	12.2%

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