Zip 24622 (Jewell Ridge, VA) Housing

The housing market in 24622 Jewell Ridge, VA is booming compared to the national average. The median value of homes in the area is $65,000, which is significantly lower than the US House Median Value of $338,100. However, over the past year, there has been an impressive house appreciation rate of 13.65% compared to just 8.27% nationally. This is great news for prospective home buyers and sellers alike and indicates a strong housing market with plenty of potential for future growth.

The median home cost in Jewell Ridge (zip 24622) is $65,000. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Jewell Ridge (zip 24622) is up 16.2%.

Average Age of Homes

- The median age of Jewell Ridge (zip 24622) real estate is 49 years old

The Rental Market in Jewell Ridge (zip 24622)

- Renters make up 10.4% of the Jewell Ridge (zip 24622) population
- 0.0% of houses and apartments in Jewell Ridge (zip 24622), 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	Jewell Ridge, Virginia	United States
	524.0	139,647,020.0
	51	42
	$65,000	$338,100
	16.2%	16.6%
	47.5%	57.0%
	57.2%	101.1%
	$5.99	$10.98
	$381	$2,690
	43.5%	57.4%
	45.8%	11.2%
	10.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.9%	0.7%
	0.0%	0.4%
	3.4%	3.6%
	39.5%	4.1%
Value of Owner-Occupied Housing
	7.0%	2.6%
	11.4%	2.4%
	27.2%	2.8%
	25.0%	3.9%
	6.6%	4.5%
	13.2%	11.3%
	4.8%	13.0%
	4.8%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	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%
	3.1%	13.6%
	3.1%	13.6%
	15.1%	13.6%
	11.1%	13.2%
	17.7%	14.8%
	15.1%	13.6%
	6.9%	10.0%
	9.2%	4.7%
	27.7%	12.2%

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