Zip 24588 (Rustburg, VA) Housing

The housing market in 24588 Rustburg, VA is booming. The median value of a house in this area is $229,200, which is significantly lower than the national median value of $338,100. However, the one year appreciation rate in Rustburg is 14.49%, surpassing the US average of 8.27%. This means that the housing market is growing steadily and prices are increasing at a faster rate than usual. These factors make Rustburg an attractive option for potential homebuyers who want to invest in an expanding market.

The median home cost in Rustburg (zip 24588) is $229,200. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Rustburg (zip 24588) is up 17.9%.

Average Age of Homes

- The median age of Rustburg (zip 24588) real estate is 36 years old

The Rental Market in Rustburg (zip 24588)

- Renters make up 12.6% of the Rustburg (zip 24588) population
- 0.0% of houses and apartments in Rustburg (zip 24588), 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	Rustburg, Virginia	United States
	4,129.0	139,647,020.0
	42	42
	$229,200	$338,100
	17.9%	16.6%
	51.2%	57.0%
	60.7%	101.1%
	$5.10	$10.98
	$779	$2,690
	64.4%	57.4%
	6.2%	11.2%
	29.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	5.4%	4.1%
Value of Owner-Occupied Housing
	8.9%	2.6%
	3.4%	2.4%
	5.0%	2.8%
	3.8%	3.9%
	6.6%	4.5%
	21.4%	11.3%
	15.1%	13.0%
	24.1%	20.1%
	7.9%	13.6%
	2.0%	8.3%
	1.8%	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%
	16.2%	13.6%
	16.2%	13.6%
	12.2%	13.6%
	14.3%	13.2%
	23.1%	14.8%
	12.2%	13.6%
	11.5%	10.0%
	2.5%	4.7%
	1.5%	12.2%

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