ZIP Code Market Report
24631 — Raven, VA
Data through February 2026 · Updated monthly
Avg Home Value
$79,880
▼ 9.7% year-over-year
Month-over-Month
-0.9%
▼ 0.9%
Single Family
$79,517
Condo / Co-op
--
The average home value in the 24631 ZIP code (Raven, VIRGINIA) is $79,880 as of February 2026. Home prices are declining, down 9.7% compared to last year.
A 3-bedroom home in 24631 is valued at $94,218.
The market in 24631 has a $104,181 spread between bottom-tier homes at $41,346 and top-tier homes at $145,527. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Buchanan County market area in VIRGINIA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Buchanan County report.
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Market Snapshot
24631 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $81,426 | $80,569 | $79,880 | ▼ 1.9% |
| Single Family Value | $80,633 | $79,845 | $79,517 | ▼ 1.4% |
Home Values
24631 Home Value Trend
Historical home values for ZIP code 24631. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 24631
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $56,005 |
| 3 Bedrooms | $94,218 |
Property Types
Home Values by Property Type in 24631
How different property types compare in this ZIP code.
All Homes
$79,880
Single Family
$79,517
Bottom Tier
$41,346
Top Tier
$145,527
Data Sources and Methodology
Home value data for ZIP code 24631 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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