Zip 24224 (Castlewood, VA) Housing

The housing market in 24224 Castlewood, VA is thriving. The median value for housing in the area is approximately $99,000, which is significantly lower than the median value of $338,100 nationwide. Over the past year, the national appreciation rate of 8.27% has been surpassed by the 18.69% appreciation rate in 24224 Castlewood, VA. This rapid growth shows that there is growing demand for housing and that the local market is responding to this increasing interest.

The median home cost in Castlewood (zip 24224) is $99,000. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Castlewood (zip 24224) is up 22.5%.

Average Age of Homes

- The median age of Castlewood (zip 24224) real estate is 42 years old

The Rental Market in Castlewood (zip 24224)

- Renters make up 19.4% of the Castlewood (zip 24224) population
- 2.4% of houses and apartments in Castlewood (zip 24224), 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	Castlewood, Virginia	United States
	2,707.0	139,647,020.0
	45	42
	$99,000	$338,100
	22.5%	16.6%
	67.7%	57.0%
	78.0%	101.1%
	$5.29	$10.98
	$542	$2,690
	62.7%	57.4%
	19.0%	11.2%
	18.4%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	14.2%	4.1%
Value of Owner-Occupied Housing
	8.4%	2.6%
	14.9%	2.4%
	8.0%	2.8%
	8.4%	3.9%
	8.8%	4.5%
	22.1%	11.3%
	11.0%	13.0%
	9.7%	20.1%
	3.8%	13.6%
	1.6%	8.3%
	3.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	12.9%	13.6%
	12.8%	13.2%
	24.6%	14.8%
	12.9%	13.6%
	7.5%	10.0%
	7.9%	4.7%
	13.4%	12.2%

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