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Brookneal town, VA

ZIP 24528 — 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 24528

Median Home Value
$135,300
Median Rent
$525
Affordability Snapshot
$37,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$869/mo PITI).

11%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

21.5 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 24528 in Brookneal town, VA, a household would need roughly $37,000 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 $869. That sits below the local median household income ($56,014), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 17% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
78.7%+20% vs US avg
x
Vacancy Rate
17.3%+68% vs US avg
x
Broadband Access
68.8%-21% vs US avg
x
4+ Bedrooms
4.8%-67% vs US avg
x
Built Pre-1939
5.9%-54% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
20.9%-58% vs US avg
x
Mortgage-Free
55.2%+45% vs US avg
x
$135,300
Home Value
$525
Rent
1973
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached74.7%
  • 1-unit attached0.4%
  • 2-9 units4.4%
  • 10+ units0.0%
  • Mobile home & other20.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$135,300
Median rent$525
Owner-occupied78.7%
Vacant17.3%
Price-to-income2.4x
Est. income to buy$37,000