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Raven CDP, VA

ZIP 24639 — 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 24639

Median Home Value
$107,300
Median Rent
$445
Affordability Snapshot
$30,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$689/mo PITI).

12%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.1 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 24639 in Raven CDP, VA, a household would need roughly $30,000 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 $689. That sits below the local median household income ($43,380), 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 22% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
69.6%+6% vs US avg
x
Vacancy Rate
22.2%+116% vs US avg
x
Broadband Access
79.5%-9% vs US avg
x
4+ Bedrooms
0.5%-96% vs US avg
x
Built Pre-1939
12.4%-3% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
19.7%-60% vs US avg
x
Mortgage-Free
65.0%+70% vs US avg
x
$107,300
Home Value
$445
Rent
1980
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached54.4%
  • 1-unit attached0.5%
  • 2-9 units3.0%
  • 10+ units0.5%
  • Mobile home & other41.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$107,300
Median rent$445
Owner-occupied69.6%
Vacant22.2%
Price-to-income2.5x
Est. income to buy$30,000