HousingHandbookReference data

U.S. ZIP Code · VA22846

Rockingham County · Harrisonburg, VA

Typical home value

$486,439[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.8%
5-year / yr
+6.3%
10-year / yr
+5.4%

Relative price

vs U.S.
+71.2%
vs metro
+34.8%
vs state
+48.2%
ZIP 22846 location in VA
Location of ZIP 22846 in VA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 22846 is worth $486,439 — 34.8% above the Harrisonburg, VA median. Over the past year, values have risen 3.8%. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.5%[3]
Typical annual tax
$2,658[3]

#Climate risk

FEMA National Risk Index ratings for Rockingham County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Moderate
Heat wave
Relatively Low
Hurricane
Relatively Moderate
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
1,496[3]
Median household income
$115,491[3]

#Migration

Household moves in and out of Rockingham County over a year, from IRS tax-return data.

Net migration
+389[5]
Moved in
2,410
Moved out
2,021

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
2
Middle
1
High
1
  • Spotswood High

    High · Grades 9–12 · Rockingham County Public Schools

    932 students

  • Cub Run Elementary

    Elementary · Grades PK–5 · Rockingham County Public Schools

    751 students

  • Montevideo Middle

    Middle · Grades 6–8 · Rockingham County Public Schools

    619 students

  • Peak View Elementary

    Elementary · Grades PK–5 · Rockingham County Public Schools

    536 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,460
Loan principal$389,151
Down payment$97,288
Total interest paid$496,341

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$3,088
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
67th percentile[1]
Rental yield
[2]
Property tax
50th percentile[3]

Frequently asked

How much is a home worth in ZIP code 22846?
The typical home in 22846 is worth $486,439, based on the Zillow Home Value Index.
Are home values rising in 22846?
Home values in 22846 are up 3.8% over the past year, and up 6.3% a year over five years.
What is the property tax rate in 22846?
The effective property tax rate in 22846 is 0.5% — roughly $2,658 a year on a typical home.
Who lives in 22846?
ZIP code 22846 has a population of 1,496 and a median household income of $115,491.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Massanutten CDP, VA

    Typical home
    $427,467
    Gross yield
  • Mount Crawford, VA

    Typical home
    $424,046
    Gross yield
  • Port Republic CDP, VA

    Typical home
    $409,465
    Gross yield
  • Bridgewater, VA

    Typical home
    $380,015
    Gross yield
  • Harrisonburg, VA

    Typical home
    $373,230
    Gross yield
    6.2%
  • Linville CDP, VA

    Typical home
    $366,801
    Gross yield

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