Zip Code:

24531, Chatham, VA

24531 is a Virginia Zip code within the city of Chatham and the county of Pittsylvania County. Its population is roughly 8,818.

The Real Estate Market in the 24531 Zip Code of Chatham, VA

The 24531 zip code of Chatham, VA has a median home value of $247,000 and a median home equity of $141,000. This is higher than the national median home value of $177,500 and the regional median home equity of $128,200. The 24531 zip code has a lower than average percentage of homeowners with mortgages at 66%. This is lower than the national mortgage rate of 74% and the regional mortgage rate of 73%. The 24531 zip code also has a lower than average percentage of homeowners with HELOCs at 10%. This is lower than the national HELOC rate of 14% and the regional HELOC rate of 12%.

The 24531 zip code has a higher percentage of owner-occupied homes than both the national owner-occupied homes percentage (63%) and the regional owner-occupied homes percentage (59%). The 24531 zip code also has a higher percentage of renter-occupied homes than both the national renter-occupied homes percentage (27%) and the regional renter-occupied homes percentage (25%).

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