Zip 24538 (Concord, VA) Housing

The housing market in 24538 Concord, VA is thriving. According to the most recent data, the median value of houses in the area is $232,300, which is significantly lower than the US median house value of $338,100. Nevertheless, the 1 year house appreciation rate in 24538 Concord is a healthy 14.49%, far outpacing the national average of 8.27%. This indicates that housing prices are likely to continue increasing in this area and makes it an attractive option for prospective buyers or investors looking for a good place to buy properties.

The median home cost in Concord (zip 24538) is $232,300. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Concord (zip 24538) is up 17.9%.

Average Age of Homes

- The median age of Concord (zip 24538) real estate is 26 years old

The Rental Market in Concord (zip 24538)

- Renters make up 8.4% of the Concord (zip 24538) population
- 0.0% of houses and apartments in Concord (zip 24538), 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	Concord, Virginia	United States
	2,240.0	139,647,020.0
	32	42
	$232,300	$338,100
	17.9%	16.6%
	51.2%	57.0%
	60.7%	101.1%
	$5.87	$10.98
	$845	$2,690
	72.5%	57.4%
	12.0%	11.2%
	15.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	10.8%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	3.4%	2.4%
	13.4%	2.8%
	3.4%	3.9%
	10.0%	4.5%
	22.2%	11.3%
	16.9%	13.0%
	18.0%	20.1%
	6.1%	13.6%
	3.9%	8.3%
	1.5%	9.7%
	0.0%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	22.1%	13.6%
	22.1%	13.6%
	16.1%	13.6%
	12.3%	13.2%
	20.5%	14.8%
	16.1%	13.6%
	7.3%	10.0%
	1.4%	4.7%
	6.8%	12.2%

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