24058 ZIP Code Housing Market
$139,000median sale price
Quick answer: The median home sale price in ZIP code 24058 is $139,000, down 29.6% year-over-year. Homes sell in an average of 25 days. The market is currently a balanced market.
24058 market data
| Metric | Value |
|---|---|
| Median sale price | $139,000 |
| Median list price | $139,000 |
| Year-over-year price change | -29.6% |
| Average days on market | 25 days |
| Sale-to-list price ratio | 100.0% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The 24058 zip code, located in Laymantown, VA, is currently classified as a balanced market. The median sale price stands at $139,000, representing a -29.6% change year over year. Homes in this area spend an average of 25 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 24058 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
1
Last 12 weeks
Days on market
25
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
Market analysis for 24058
The 24058 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 24058 have declined -29.6% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
Community profile
Population
281
Median income
$60,625/yr
Median age
35.7 years
Owner-occupied
9313.0%
College grads
1900.0%
Living in 24058
Zip code 24058 is home to approximately 281 residents. The median household income is $60,625 per year, which shapes the types of homes and amenities available in the area. With a median age of 35.7 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 9313.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 1900.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 24058.
Frequently asked questions about 24058
What is the median home price in 24058?
The current median sale price in 24058 is $139,000, based on recent Redfin transaction data. Prices have changed -29.6% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 24058 a buyer's or seller's market?
The 24058 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 24058?
Zip code 24058 has a population of approximately 281 residents. The median household income is $60,625 per year. About 9313.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 24058?
Properties Incorporated provides comprehensive data for 24058 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 24058 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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