The story of this market
The typical home in ZIP 24091 sells for about $325,000, or $185 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $952 a month.
ZIP 24091 — Floyd
The housing market in 24091 remains stable with modest price appreciation driven by limited inventory and steady demand for rural properties. While sales volume is constrained by low turnover, the area continues to attract buyers looking for lifestyle changes, keeping the market balanced.
This ZIP is ideal for families, retirees, and remote workers seeking a rural lifestyle, strong community ties, and access to the Blue Ridge Mountains.
Median prices moved up 2.4% year over year.
Homes spend a median of 68 days on market with 4.1 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.0% · poverty 11.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 24091, Floyd County VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Floyd area are generally low and remain stable, consistently ranking well below state and national averages for violent and property crime.
Schools serving the area are part of the Floyd County Public Schools system, which is generally characterized by small class sizes and strong community engagement.
The area faces moderate risk from severe thunderstorms and winter weather, with localized flood risks in low-lying valley areas near creeks.
Economic momentum is driven by small-scale tourism, agriculture, and a growing artisan community, with limited large-scale industrial development.
Property taxes are assessed by Floyd County based on fair market value; the county maintains a relatively low tax rate compared to urban centers in Virginia.
Commuting is primarily car-dependent, with residents often traveling to Blacksburg or Christiansburg for employment, typically involving 30-45 minute drives.
The area is a hub for outdoor recreation, featuring proximity to the Blue Ridge Parkway, numerous hiking trails, and the Floyd Country Store for cultural entertainment.
The rental market is tight with limited inventory, primarily consisting of single-family homes and small apartments, with high demand from local workers and seasonal visitors.
The economy is anchored by agriculture, tourism, and a vibrant arts and crafts sector, with many residents commuting to the nearby Virginia Tech/Blacksburg area for professional employment.
Transportation is almost exclusively via private vehicle; there is no public transit infrastructure serving this rural ZIP code.
Development is focused on small-scale residential infill and infrastructure improvements rather than large-scale commercial projects.
The Floyd County Commissioner of the Revenue oversees property assessments, which are conducted periodically to reflect market value changes.
Parcels are subject to county-level property taxes and may fall within specific fire and rescue service districts.
Property insurance premiums are generally stable, though homeowners in forested areas may face higher costs due to wildfire risk assessments.
Data retrieved from data.census.gov ZCTA 24091 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides extensive hiking, scenic driving, and outdoor recreation access.
A historic venue famous for traditional Appalachian music and community gatherings.
A major regional attraction and event venue located in the scenic mountains.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.