HousingHandbookReference data

U.S. ZIP Code · VA24059

Roanoke County · Roanoke, VA

Typical home value

$342,919[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.0%
5-year / yr
+7.9%
10-year / yr
+7.0%

Relative price

vs U.S.
+20.7%
vs metro
+11.9%
vs state
+4.5%
ZIP 24059 location in VA
Location of ZIP 24059 in VA

Price history

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

The typical home in 24059 is worth $342,919 — 11.9% above the Roanoke, VA median. Over the past year, values have risen 4.0%. The effective property tax rate is 0.7%.

#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
0.7%[3]
Typical annual tax
$2,467[3]

#Climate risk

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

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

#Who lives here

Population
893[3]
Median household income
$73,237[3]

#Migration

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

Net migration
+47[5]
Moved in
3,467
Moved out
3,420

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$1,734
Loan principal$274,335
Down payment$68,584
Total interest paid$349,900

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$2,226
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
93rd percentile[1]
Rental yield
[2]
Property tax
63rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 24059?
The typical home in 24059 is worth $342,919, based on the Zillow Home Value Index.
Are home values rising in 24059?
Home values in 24059 are up 4.0% over the past year, and up 7.9% a year over five years.
What is the property tax rate in 24059?
The effective property tax rate in 24059 is 0.7% — roughly $2,467 a year on a typical home.
Who lives in 24059?
ZIP code 24059 has a population of 893 and a median household income of $73,237.

#Comparable ZIPs

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

  • Laymantown CDP, VA

    Typical home
    $335,578
    Gross yield
  • VA

    Typical home
    $350,415
    Gross yield
  • Fincastle, VA

    Typical home
    $334,513
    Gross yield
  • Boones Mill, VA

    Typical home
    $328,309
    Gross yield
  • Ferrum CDP, VA

    Typical home
    $318,730
    Gross yield
  • Hollins CDP, VA

    Typical home
    $308,267
    Gross yield
    5.3%

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