24184, Wirtz, VA

The 24184 zip code of Wirtz, VA has a median home value of $179,000. The home equity in this zip code is $112,000. This means that the typical homeowner in this zip code has a net worth of $87,000 and an equity cushion of $27,000.

There are a number of factors that contribute to the high home values in the 24184 zip code. First and foremost is the fact that Wirtz is located in one of Northern Virginia’s most affluent counties. Second is the fact that many homeowners here have taken advantage of low interest rates to borrow against their homes’ equity and use the money to purchase additional property or take out loans for other purposes. Finally, there is strong demand for housing in this area due to its excellent schools and proximity to both Washington D.C. and Richmond.

Despite these factors, there are also some risks associated with owning a home in the 24184 zip code. For example, if interest rates rise or if there is a downturn in the economy overall, then homeowners could find themselves struggling to make their payments on their mortgages or facing foreclosure proceedings. Additionally, although Wirtz is generally safe and peaceful compared to many other parts of America, it can be susceptible to crime (particularly theft) – which could lead to increased insurance premiums or even loss of property altogether