Housing Insights for ZIP Code 24168 (Stanleytown, VA)

Housing Summary for ZIP Code 24168

Homeowners

The median home value in ZIP Code 24168 (Stanleytown, VA) is $85,900. Approximately 67.1% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 24168 is 1.86 occupants, while owner-occupied units have an aggregate average size of 3.1 bedrooms per housing unit.

Renters

In the 24168 ZIP Code, an estimated 32.9% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 4.23 occupants, while renters in this Henry County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 24168

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 24168.

ZIP 24168 Virginia U.S.
Median Home Value $85,900 $402,127 $364,385
Owner-Occupied Housing Units 67.1% 66.3% 64.0%
Homeowner Vacancy Rate 0.0% 1.5% 1.6%
Average Size of Owner-Occupied Unit 1.86 2.67 2.70
Average # of Bedrooms Per Unit 3.1 2.97 2.75
Median Housing Rent $0 $1,234 $1,062
Renter-Occupied Housing Units 32.9% 33.7% 36.0%
Rental Vacancy Rate 0.0% 5.4% 6.0%
Average Size of Renter-Occupied Unit 4.23 2.48 2.49
Percent of Income Spent on Rent 0% 29.45% 29.83%

Home Values in ZIP Code 24168 (Stanleytown, VA)

The median home value in ZIP Code 24168 is $85,900. That median value is about 69% lower than the median home value of $273,100 in Virginia overall, and is 61% lower than the $217,500 the median home value in the entire U.S. Approximately 36.7% of homes in ZIP Code 24168 are valued less than $50,000. That is 753% higher than in the state ofVirginia, where 4.3% of homes are valued at less than $50,000, and is about 432% higher than in the U.S. overall (6.9% of homes valued at less than $50,000). The home value range that the smallest portion of ZIP Code 24168 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 24168

This chart visualizes the breakdown of home values in ZIP Code 24168, Virginia, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 24168 vs. home values in both the state of Virginia and in the U.S. overall.

Home Values in ZIP Code 24168

See the table below for a regional comparison of home values in ZIP Code 24168.

Home Value ZIP 24168 Virginia U.S.
Less than $50,000 36.7% 4.3% 6.9%
$50,000 to $99,999 32.7% 6.7% 12.0%
$100,000 to $149,999 13.3% 9.7% 13.3%
$150,000 to $199,999 11.2% 13.0% 14.0%
$200,000 to $299,999 0.0% 21.7% 19.6%
$300,000 to $499,999 6.1% 24.6% 19.3%
$500,000 to $999,999 0.0% 17.1% 11.4%
$1,000,000 or more 0.0% 2.9% 3.4%

Home Ages in ZIP Code 24168 (Stanleytown, VA)

Approximately 56.8% of homes in this Stanleytown, VA region were built in 1950 to 1959. This amount of homes built in 1950 to 1959 in ZIP Code 24168 is about 545% higher than percentage of homes built in this time period in Virginia overall (8.8% of homes), and is 451% higher the percentage (10.3% of homes) in the U.S. as a whole. Additionally, an esimated 22.6% of local homes were built in 1940 to 1949. On the other end of the scale, just 0.0% of homes in this Henry County ZIP Code were built in 1939 or earlier in ZIP Code 24168. In comparison, 7.4% of homes in Virginia overall were built in 1939 or earlier, while 12.6% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 24168

A detailed regional comparison of home ages in ZIP Code 24168.

Year Built ZIP 24168 Virginia U.S.
2014 or later 0.0% 2.6% 2.5%
2010 to 2013 0.0% 3.2% 2.7%
2000 to 2009 0.0% 15.2% 14.0%
1990 to 1999 8.9% 15.8% 13.9%
1980 to 1989 4.1% 16.4% 13.4%
1970 to 1979 0.0% 15.7% 15.2%
1960 to 1969 7.5% 10.6% 10.6%
1950 to 1959 56.8% 8.8% 10.3%
1940 to 1949 22.6% 4.4% 4.9%
1939 or earlier 0.0% 7.4% 12.6%

Age of Homes in ZIP Code 24168

See the chart below for details on the age of homes in ZIP Code 24168, Virginia, and also in the U.S. overall. Data here refers to years that homes were built.

">

Housing FAQs for ZIP Code 24168

Frequently asked questions about housing in this Stanleytown, VA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 24168.

1

What is the average home value ZIP Code 24168?

The median home value in ZIP Code 24168 (Stanleytown, VA) is $85,900.
2

Are homes expensive in ZIP Code 24168?

The median home value in 24168 ($85,900) is an estimated 69% lower than the aggregate median value of $273,100 in Virginia, and is 61% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 24168?

The vacacy rate for owner-occupied housing in ZIP Code 24168 is 0.0%. This rate is 100% lower than the overall Virginia owner-occupied vacancy rate of 1.5%. Additionally, the 24168 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 24168 have older homes or newer construction?

In ZIP Code 24168, about 56.8% of homes were built in 1950 to 1959. That time range includes the most home construction. Also, 22.6% of homes in the region were built in 1940 to 1949. In contrast, 0.0% of homes in 24168 were built in 1939 or earlier.
5

What is the housing breakdown in ZIP Code 24168? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 24168 than renter-occupied housing. Owner-occupied units make up 67.1% of housing, compared to 32.9% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 24168?

The vacacy rate for rental units in ZIP Code 24168 is 0.0%. This rate is 100% lower than the overall Virginia vacancy rate of 5.4%. Additionally, the 24168 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.