24279, Pound, VA

The 24279 zip code of Pound, VA has a median home value of $147,000 and a median home equity value of $111,000. This is significantly lower than the national median home value of $205,800 and the regional median home equity value of $158,600. There are a number of factors that may contribute to this discrepancy including:

-The availability and affordability of homes in the 24279 zip code

-The level of household income in the 24279 zip code

-The level of unemployment in the 24279 zip code

-The level of education attainment in the 24279 zip code

Despite these disparities, there are still a number of homeowners in the 24279 zip code who are benefiting from rising home values. Over 60% of homeowners in this zipcode have at least one mortgage on their property, which is higher than both the national average (50%) and regional average (53%). Additionally, nearly half (47%)of homeowners report having more than double their original purchase price invested in their home equity. This indicates that many homeowners are taking advantage of recent market trends to increase their net worth.