HousingHandbookReference data

U.S. ZIP Code · VA24112

Henry County

Typical home value

$128,157[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.3%
5-year / yr
+7.1%
10-year / yr
+5.0%

Relative price

vs U.S.
-54.9%
vs metro
vs state
-61.0%
ZIP 24112 location in VA
Location of ZIP 24112 in VA

Price history

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

The typical home in 24112 is worth $128,157. Over the past year, values have fallen 1.3%. Homes here rent for a typical $892 a month — a 8.4% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
$892[2]
Gross yield
8.4%[2]
Cap rate
5.0%[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$797[3]

#Climate risk

FEMA National Risk Index ratings for Henry 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
Very Low
Drought
Relatively Moderate
Heat wave
Very Low
Hurricane
Relatively Low
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
31,028[3]
Median household income
$48,770[3]

#Migration

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

Net migration
+73[5]
Moved in
1,115
Moved out
1,042

Schools

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

Public schools
12
Elementary
6
Middle
2
High
1
  • Laurel Park Middle

    Middle · Grades 6–8 · Henry County Public Schools

    743 students

  • Meadow View Elementary

    Elementary · Grades PK–5 · Henry County Public Schools

    647 students

  • Martinsville High

    High · Grades 9–12 · Martinsville City Public Schools

    558 students

  • G.W. Carver Elementary

    Elementary · Grades PK–5 · Henry County Public Schools

    451 students

  • Albert Harris Elementary

    Elementary · Grades K–5 · Martinsville City Public Schools

    402 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 yield8.4%
Net yield (after ~40% expenses)5.0%
Annual rent$10,701

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$648
Loan principal$102,526
Down payment$25,631
Total interest paid$130,766

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 ratio0.92
Monthly cost to own$821
Monthly rent$892

Owning is meaningfully cheaper month-to-month.

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 24112?
The typical home in 24112 is worth $128,157, based on the Zillow Home Value Index.
Are home values rising in 24112?
Home values in 24112 are down 1.3% over the past year, and up 7.1% a year over five years.
What is the typical rent in 24112?
A typical home in 24112 rents for about $892 a month, a gross rental yield of 8.4%.
What is the property tax rate in 24112?
The effective property tax rate in 24112 is 0.6% — roughly $797 a year on a typical home.
Who lives in 24112?
ZIP code 24112 has a population of 31,028 and a median household income of $48,770.

Compare ZIPs

Pit ZIP 24112 against any other ZIP — full side-by-side table.

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