The 24016 housing market is very competitive. The median sale price of a home in 24016 was $167K last month, up 11.3% since last year. The median sale price per square foot in 24016 is $73, up 17.7% since last year.
In March 2024, 24016 home prices were up 11.3% compared to last year, selling for a median price of $167K. On average, homes in 24016 sell after 14 days on the market compared to 9 days last year. There were 20 homes sold in March this year, up from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$167,000
+11.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
24016, VA
$167,000
+11.3%
United States
To compare other locations to the 24016 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Virginia add value to a home.
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How hot is the 24016 housing market?
24016 is very competitive. Homes sell in 17 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% below list price and go pending in around 17 days.
Hot homes
can sell for around list price and go pending in around 6 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Highland Park Elementary School
Public • PreK-5
399
Students
N/A
5/10
Wasena Elementary School
Public • PreK-5
219
Students
12 reviews
3/10
Virginia Heights Elementary School
Public • PreK-5
310
Students
4 reviews
3/10
Lincoln Terrace Elementary School
Public • PreK-5
311
Students
3 reviews
2/10
Hurt Park Elementary School
Public • PreK-5
383
Students
3 reviews
Only showing 5 of
8 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 24016 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 24016.
Risk Factor
Flood Factor - Moderate
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
24016 has a moderate risk of flooding. 624 properties in 24016 are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in 24016. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
24016 has a minor risk of wildfire. There are 26 properties in 24016 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 24016.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
24016 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 24016 is most at risk from hurricanes. 4,799 properties in 24016 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 49 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 55 mph.