Zip 24609 (Cedar Bluff, VA) Housing

The housing market in 24609 Cedar Bluff, VA is quite robust. The median value for a house in this area is $127,700, which is much lower than the US median value of $338,100. Over the course of one year, the US housing market has appreciated by 8.27%, while the appreciation rate for houses in 24609 Cedar Bluff, VA has been even higher at 13.65%. This data shows that investing in a home in this area could be a smart financial decision as its appreciation rate is higher than that of the national average.

The median home cost in Cedar Bluff (zip 24609) is $127,700. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Cedar Bluff (zip 24609) is up 16.2%.

Average Age of Homes

- The median age of Cedar Bluff (zip 24609) real estate is 37 years old

The Rental Market in Cedar Bluff (zip 24609)

- Renters make up 19.4% of the Cedar Bluff (zip 24609) population
- 1.3% of houses and apartments in Cedar Bluff (zip 24609), 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	Cedar Bluff, Virginia	United States
	3,161.0	139,647,020.0
	43	42
	$127,700	$338,100
	16.2%	16.6%
	47.5%	57.0%
	57.2%	101.1%
	$5.78	$10.98
	$639	$2,690
	59.4%	57.4%
	21.4%	11.2%
	19.2%	31.4%
Vacant Housing
	1.3%	1.9%
	0.7%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	2.5%	3.6%
	16.7%	4.1%
Value of Owner-Occupied Housing
	5.1%	2.6%
	5.5%	2.4%
	11.6%	2.8%
	12.8%	3.9%
	12.5%	4.5%
	21.6%	11.3%
	7.7%	13.0%
	10.3%	20.1%
	5.3%	13.6%
	5.5%	8.3%
	2.0%	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%
	13.2%	13.6%
	13.2%	13.6%
	12.1%	13.6%
	13.0%	13.2%
	23.9%	14.8%
	12.1%	13.6%
	11.3%	10.0%
	4.7%	4.7%
	8.1%	12.2%

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