Zip 24066 (Buchanan, VA) Housing

The housing market in Buchanan, VA (zip code 24066) is doing very well. The median value for homes in this area is $189,800, which is significantly lower than the US median value of $338,100. However, the 1 year appreciation rate of 11.69% exceeds the national average of 8.27%, indicating a strong and growing value of homes in this area. This makes Buchanan an appealing option for those looking to purchase or invest in real estate.

The median home cost in Buchanan (zip 24066) is $189,800. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Buchanan (zip 24066) is up 17.1%.

Average Age of Homes

- The median age of Buchanan (zip 24066) real estate is 35 years old

The Rental Market in Buchanan (zip 24066)

- Renters make up 12.6% of the Buchanan (zip 24066) population
- 2.4% of houses and apartments in Buchanan (zip 24066), 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	Buchanan, Virginia	United States
	2,619.0	139,647,020.0
	46	42
	$189,800	$338,100
	17.1%	16.6%
	52.1%	57.0%
	66.2%	101.1%
	$7.36	$10.98
	$1,222	$2,690
	66.7%	57.4%
	21.9%	11.2%
	11.4%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	1.6%	0.7%
	0.0%	0.4%
	5.5%	3.6%
	12.5%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	1.4%	2.4%
	5.1%	2.8%
	3.9%	3.9%
	6.2%	4.5%
	22.9%	11.3%
	16.7%	13.0%
	27.7%	20.1%
	7.4%	13.6%
	4.0%	8.3%
	1.8%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.6%	13.6%
	14.6%	13.6%
	16.2%	13.6%
	9.4%	13.2%
	12.1%	14.8%
	16.2%	13.6%
	7.8%	10.0%
	2.6%	4.7%
	22.5%	12.2%

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