Zip 24569 (Long Island, VA) Housing

The housing market in 24569 Long Island, VA is booming. The median value of a house here is $139,900 which is significantly lower than the national median value of $338,100. In the last year, the US has seen an appreciation rate of 8.27%, however Long Island has experienced a much larger increase in house values with a 14.49% appreciation rate over the same time frame. This shows that real estate investments in this area are paying off and can be a profitable endeavor for those looking to purchase homes here.

The median home cost in Long Island (zip 24569) is $139,900. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Long Island (zip 24569) is up 17.9%.

Average Age of Homes

- The median age of Long Island (zip 24569) real estate is 46 years old

The Rental Market in Long Island (zip 24569)

- Renters make up 21.4% of the Long Island (zip 24569) population
- 0.0% of houses and apartments in Long Island (zip 24569), 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	Long Island, Virginia	United States
	451.0	139,647,020.0
	47	42
	$139,900	$338,100
	17.9%	16.6%
	51.2%	57.0%
	60.7%	101.1%
	$6.19	$10.98
	$682	$2,690
	54.3%	57.4%
	34.6%	11.2%
	11.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	34.6%	4.1%
Value of Owner-Occupied Housing
	6.9%	2.6%
	7.3%	2.4%
	5.3%	2.8%
	10.6%	3.9%
	2.4%	4.5%
	24.5%	11.3%
	15.9%	13.0%
	11.4%	20.1%
	9.4%	13.6%
	0.0%	8.3%
	2.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	3.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.6%	13.6%
	12.6%	13.6%
	7.5%	13.6%
	4.4%	13.2%
	29.5%	14.8%
	7.5%	13.6%
	8.9%	10.0%
	2.2%	4.7%
	24.2%	12.2%

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