Zip 24141 (Radford, VA) Housing

The housing market in 24141 Radford, VA is booming. The median value of a house in the area is $217,800, which is significantly lower than the national median value of $338,100. In addition, the appreciation rate for houses in the last year has been 15.80%, much higher than the US average of 8.27%. This means that homeowners can expect to see significant gains on their investments in 24141 Radford, VA real estate over time. With prices still relatively low and increasing steadily, now is a great time to invest in Radford real estate.

The median home cost in Radford (zip 24141) is $217,800. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Radford (zip 24141) is up 15.8%.

Average Age of Homes

- The median age of Radford (zip 24141) real estate is 42 years old

The Rental Market in Radford (zip 24141)

- Renters make up 34.4% of the Radford (zip 24141) population
- 2.3% of houses and apartments in Radford (zip 24141), 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	Radford, Virginia	United States
	10,337.0	139,647,020.0
	45	42
	$217,800	$338,100
	15.8%	16.6%
	48.0%	57.0%
	55.9%	101.1%
	$6.48	$10.98
	$1,282	$2,690
	49.5%	57.4%
	15.4%	11.2%
	35.2%	31.4%
Vacant Housing
	2.3%	1.9%
	4.3%	0.4%
	0.4%	0.7%
	0.4%	0.4%
	2.4%	3.6%
	5.6%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	1.7%	2.4%
	0.8%	2.8%
	4.2%	3.9%
	4.5%	4.5%
	20.6%	11.3%
	15.3%	13.0%
	25.7%	20.1%
	12.2%	13.6%
	7.9%	8.3%
	3.8%	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%
	9.6%	13.6%
	9.6%	13.6%
	14.5%	13.6%
	15.5%	13.2%
	15.9%	14.8%
	14.5%	13.6%
	9.2%	10.0%
	9.9%	4.7%
	10.8%	12.2%

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