24482, Verona, VA

The Verona, VA 24482 zip code has a population of approximately 9,000 people. The median household income is $75,000 and the median home value is $225,000. The home equity in this zip code is approximately $130,000.

There are a number of factors that contribute to the high home equity in the Verona, VA 24482 zip code. First and foremost, the area has a high rate of homeownership which contributes to the stability of prices over time. Additionally, there is a low rate of foreclosure activity which keeps prices high and limits opportunities for buyers who may be looking to purchase a home for less than its current value. Finally, Verona residents are generally able to afford higher mortgage rates which also contributes to high home equity values.