24129 ZIP Code Housing Market

Balanced market

$100,500median sale price

Quick answer: The median home sale price in ZIP code 24129 is $100,500. Homes sell in an average of 119 days. The market is currently a balanced market.

24129 market data

Current housing market statistics for ZIP code 24129
MetricValue
Median sale price$100,500
Average days on market119 days
Sale-to-list price ratio101.5%
Market conditionBalanced market

Source: Redfin · Updated weekly

The 24129 zip code, located in Laymantown, VA, is currently classified as a balanced market. The median sale price stands at $100,500. Homes in this area spend an average of 119 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 24129 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

119

Average pace

Active listings

Sale-to-list

101.5%

Above asking

Market analysis for 24129

The 24129 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 101.5% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 24129 have remained relatively stable compared to last year. 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

114

Owner-occupied

10000.0%

College grads

10000.0%

Living in 24129

Zip code 24129 is home to approximately 114 residents. Approximately 10000.0% 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 10000.0% 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 24129.

Frequently asked questions about 24129

What is the median home price in 24129?

The current median sale price in 24129 is $100,500, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 24129 a buyer's or seller's market?

The 24129 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 24129?

Zip code 24129 has a population of approximately 114 residents. About 10000.0% 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 24129?

Properties Incorporated provides comprehensive data for 24129 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 24129 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.

Get zip code 24129 market alerts

Weekly updates on prices, inventory, and trends. Free forever.