ZIP Code Market Report
24416 โ Buena Vista, VA
Data through February 2026 ยท Updated monthly
Avg Home Value
$193,965
โฒ 5.4% year-over-year
Month-over-Month
+0.5%
โฒ 0.5%
Single Family
$191,873
Condo / Co-op
--
The average home value in the 24416 ZIP code (Buena Vista, VIRGINIA) is $193,965 as of February 2026. Home prices are rising, up 5.4% compared to last year.
A 3-bedroom home in 24416 is valued at $202,990.
The market in 24416 has a $174,640 spread between bottom-tier homes at $130,950 and top-tier homes at $305,590. 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 Rockbridge County market area in VIRGINIA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Rockbridge County report.
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Market Snapshot
24416 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 | $194,477 | $192,950 | $193,965 | โผ 0.3% |
| Single Family Value | $190,236 | $190,878 | $191,873 | โฒ 0.9% |
Home Values
24416 Home Value Trend
Historical home values for ZIP code 24416. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
By Bedroom
What Homes Cost in 24416
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $148,598 |
| 3 Bedrooms | $202,990 |
| 4 Bedrooms | $254,497 |
Property Types
Home Values by Property Type in 24416
How different property types compare in this ZIP code.
All Homes
$193,965
Single Family
$191,873
Bottom Tier
$130,950
Top Tier
$305,590
Data Sources and Methodology
Home value data for ZIP code 24416 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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