The story of this market
The typical home in ZIP 24315 sells for about $203,151, or $146 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $641 a month.
ZIP 24315 — Bland
The housing market in 24315 is a low-volume, rural market characterized by high vacancy rates and modest price appreciation. Demand is driven by local buyers, with limited interest from outside investors due to the specific operational challenges of the area. Current conditions remain stable with little development momentum.
This ZIP is best suited for local residents, retirees, or those seeking affordable rural living, as the market requires significant local knowledge and is not ideal for passive remote investors.
Median prices moved up 2.4% year over year.
Homes spend a median of 120 days on market with 8.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.6% · poverty 14.5% — 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 4.6%/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 3.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 24315, Bland 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 Bland County are generally low and significantly below state and national averages, reflecting the rural, mountainous character of the region.
The area is served by Bland County Public Schools, which provides a small-town educational environment with limited extracurricular offerings compared to larger districts.
The region is prone to mountainous terrain risks including localized flooding in river valleys and wildfire risks during dry seasons; insurance premiums are generally stable but reflect rural fire protection limitations.
Economic momentum is modest, driven primarily by local government, agriculture, and small-scale tourism; infrastructure is centered on the I-77 corridor.
Property taxes are assessed by Bland County based on fair market value; the county maintains a relatively low tax rate structure to support its rural tax base.
Commutes are primarily car-dependent, with residents traveling along I-77 or local state routes to reach employment hubs in Wytheville or Bluefield.
The area features extensive outdoor recreation including access to the Jefferson National Forest, hiking trails, and scenic mountain vistas, with limited commercial shopping options.
The rental market is characterized by high vacancy rates and limited inventory, with most units managed by local operators rather than institutional investors.
The economy is anchored by local government, agriculture, and small-scale service industries, with limited large-scale industrial employers.
Transportation is dominated by private vehicle use, with I-77 serving as the primary artery for regional connectivity.
Development is largely limited to small-scale residential or agricultural improvements with no major commercial projects currently reported.
Parcels are subject to standard county-level property tax levies with no significant MUD or special utility district overlays reported.
Property insurance is generally available, though premiums are influenced by the rural nature of the area and distance from fire stations.
Data retrieved from US Census Bureau ZCTA-level tables.
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, camping, and outdoor recreation opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.