Zip 24272 (Nora, VA) Housing

The housing market in Nora, VA (zip code 24272) is thriving. According to recent data the median value of a house in this area is $82,800 – significantly lower than the US median of $338,100. However, while the US housing market generally showed an appreciation rate of 8.27% over the past year, Nora experienced an impressive 18.69% increase in value during that same time period - suggesting strong growth and potential for future investment opportunities.

The median home cost in Nora (zip 24272) is $82,800. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Nora (zip 24272) is up 22.5%.

Average Age of Homes

- The median age of Nora (zip 24272) real estate is 39 years old

The Rental Market in Nora (zip 24272)

- Renters make up 22.7% of the Nora (zip 24272) population
- 3.8% of houses and apartments in Nora (zip 24272), 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	Nora, Virginia	United States
	469.0	139,647,020.0
	46	42
	$82,800	$338,100
	22.5%	16.6%
	67.7%	57.0%
	78.0%	101.1%
	$5.35	$10.98
	$285	$2,690
	55.2%	57.4%
	38.0%	11.2%
	6.8%	31.4%
Vacant Housing
	3.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	34.1%	4.1%
Value of Owner-Occupied Housing
	7.7%	2.6%
	7.7%	2.4%
	10.0%	2.8%
	37.1%	3.9%
	10.0%	4.5%
	16.2%	11.3%
	0.0%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	8.1%	3.9%
	3.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.8%	13.6%
	6.8%	13.6%
	1.9%	13.6%
	30.7%	13.2%
	13.6%	14.8%
	1.9%	13.6%
	6.2%	10.0%
	7.9%	4.7%
	16.8%	12.2%

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