Zip 24637 (Pounding Mill, VA) Housing

24637 Pounding Mill, VA is an area with a thriving housing market. The median house value in the area is $168,700, which is much lower than the US median value of $338,100. However, over the last year, the appreciation rate of housing in 24637 Pounding Mill has been 13.65%, indicating a steady increase in home values. This higher appreciation rate suggests that investing in housing in this area could be a good decision for buyers and investors.

The median home cost in Pounding Mill (zip 24637) is $168,700. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Pounding Mill (zip 24637) is up 16.2%.

Average Age of Homes

- The median age of Pounding Mill (zip 24637) real estate is 31 years old

The Rental Market in Pounding Mill (zip 24637)

- Renters make up 12.4% of the Pounding Mill (zip 24637) population
- 0.0% of houses and apartments in Pounding Mill (zip 24637), 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	Pounding Mill, Virginia	United States
	1,443.0	139,647,020.0
	38	42
	$168,700	$338,100
	16.2%	16.6%
	47.5%	57.0%
	57.2%	101.1%
	$5.68	$10.98
	$712	$2,690
	74.6%	57.4%
	9.8%	11.2%
	15.7%	31.4%
Vacant Housing
	0.0%	1.9%
	1.5%	0.4%
	2.6%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	11.0%	2.6%
	0.8%	2.4%
	5.2%	2.8%
	7.6%	3.9%
	13.6%	4.5%
	19.3%	11.3%
	28.7%	13.0%
	8.8%	20.1%
	1.7%	13.6%
	0.9%	8.3%
	0.7%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.9%	13.6%
	11.9%	13.6%
	13.4%	13.6%
	25.6%	13.2%
	21.8%	14.8%
	13.4%	13.6%
	2.2%	10.0%
	5.3%	4.7%
	2.4%	12.2%

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