24248, Ewing, VA

The 24248 zip code of Ewing, VA has a median home value of $151,000 and a median home equity value of $127,000. These values are significantly higher than the national median home value of $181,500 and the national median home equity value of $128,200. This is likely due to the high concentration of affluent households in this zip code.

In addition to having a high median home value, the 24248 zip code has a high rate of homeownership. Nearly two-thirds (64%) of households in this zip code own their homes outright, which is significantly higher than the national homeownership rate of 63%. This high homeownership rate may be due to the affluent population in this zip code or the strong economy in Virginia overall.

Despite having a high homeownership rate and high median home value, there are still some homes for sale in the 24248 zip code. The average list price for homes for sale in this zip code is $165,000, which is above the national average list price of $147,500 but below the regional average list price of $183,500. This suggests that there are still some buyers available who are willing to pay more for a home than what is currently available on the market.