Zip 24401 (Staunton, VA) Housing

In 24401 Staunton, VA the median housing value is significantly lower than the US median housing value at $261,500 compared to $338,100. However, the appreciation rate of homes in 24401 Staunton, VA has been much higher than that of the US as a whole over the past year, with an increase of 12.12% compared to 8.27%. This could be due to an overall increase in demand for real estate in this area or a decrease in home availability which leads to greater competition amongst buyers when homes do become available.

The median home cost in Staunton (zip 24401) is $261,500. Home appreciation the last 10 years has been 54.3%. Home Appreciation in Staunton (zip 24401) is up 14.6%.

Average Age of Homes

- The median age of Staunton (zip 24401) real estate is 47 years old

The Rental Market in Staunton (zip 24401)

- Renters make up 31.0% of the Staunton (zip 24401) population
- 1.9% of houses and apartments in Staunton (zip 24401), 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	Staunton, Virginia	United States
	17,811.0	139,647,020.0
	50	42
	$261,500	$338,100
	14.6%	16.6%
	44.9%	57.0%
	54.3%	101.1%
	$7.11	$10.98
	$1,418	$2,690
	57.1%	57.4%
	8.9%	11.2%
	34.0%	31.4%
Vacant Housing
	1.9%	1.9%
	0.7%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	1.7%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.1%	2.4%
	0.5%	2.8%
	1.5%	3.9%
	5.0%	4.5%
	19.0%	11.3%
	22.9%	13.0%
	26.7%	20.1%
	11.9%	13.6%
	5.3%	8.3%
	3.5%	9.7%
	0.9%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.4%	13.6%
	12.4%	13.6%
	9.7%	13.6%
	12.2%	13.2%
	12.1%	14.8%
	9.7%	13.6%
	13.9%	10.0%
	5.6%	4.7%
	16.3%	12.2%

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