The housing in 24604 Bishop, VA has a median value of $127,900 which is significantly lower than the US median value of $338,100. Additionally, the appreciation rate of the housing in 24604 Bishop is 13.65%, which is higher than the 8.27% national average for 1 year house appreciation. This presents an opportunity for potential buyers to invest in this area for future returns.
The median home cost in Bishop (zip 24604) is $127,900. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Bishop (zip 24604) is up 16.2%.
Average Age of Homes
- The median age of Bishop (zip 24604) real estate is 71 years old
The Rental Market in Bishop (zip 24604)
- Renters make up 38.5% of the Bishop (zip 24604) population
- 0.0% of houses and apartments in Bishop (zip 24604), 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.