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Elliston CDP, VA

ZIP 24087 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 24087

Median Home Value
$140,500
Median Rent
$781
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$903/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

15.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 24087 in Elliston CDP, VA, a household would need roughly $39,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $903. That is roughly in line with the local median household income ($42,631). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
70.2%+7% vs US avg
x
Vacancy Rate
12.1%+18% vs US avg
x
Broadband Access
90.3%+4% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
8.3%-35% vs US avg
x
Built Post-2014
1.8%-74% vs US avg
x
Rent Burden >30%
24.4%-51% vs US avg
x
Mortgage-Free
62.7%+64% vs US avg
x
$140,500
Home Value
$781
Rent
1988
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached49.1%
  • 1-unit attached1.4%
  • 2-9 units2.7%
  • 10+ units7.6%
  • Mobile home & other39.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$140,500
Median rent$781
Owner-occupied70.2%
Vacant12.1%
Price-to-income3.3x
Est. income to buy$39,000