22976, Tyro, VA

The 22976 zip code of Tyro, VA has a median home value of $119,000 and a median home equity of $83,000. The zip code has a population of 1,827 people and an average household size of 2.49 people. The median age in the zip code is 36 years old.

The 22976 zip code has a lower than average percentage of households that are owner-occupied (45%) and a higher than average percentage of households that are renter-occupied (55%). This is likely due to the high cost of housing in the area and the fact that many residents are likely seeking to purchase homes rather than rent them. Additionally, the percentage of households with children under 18 living in the zip code is lower than average (26%) which may be indicative of the fact that many families are choosing to purchase homes rather than rent them.

Despite these factors, there is evidence to suggest that home values in the 22976 zip code have been increasing over time. Between 2010 and 2016, home values increased by an average of 7%. Additionally, between 2015 and 2016 alone, home values increased by an additional 9%. This suggests that there is strong demand for homes in this area and that buyers are able to find good deals on properties.