HousingHandbookReference data

U.S. ZIP Code · VA24176

Franklin County · Roanoke, VA

Typical home value

$832,176[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.7%
5-year / yr
+9.4%
10-year / yr
+7.3%

Relative price

vs U.S.
+193.0%
vs metro
+171.6%
vs state
+153.5%
ZIP 24176 location in VA
Location of ZIP 24176 in VA

Price history

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

The typical home in 24176 is worth $832,176 — 171.6% above the Roanoke, VA median. Over the past year, values have risen 1.7%. The effective property tax rate is 0.4%.

#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
0.4%[3]
Typical annual tax
$3,546[3]

#Climate risk

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

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

#Who lives here

Population
1,586[3]
Median household income
$98,250[3]

#Migration

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

Net migration
+165[5]
Moved in
1,327
Moved out
1,162

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$4,208
Loan principal$665,741
Down payment$166,435
Total interest paid$849,116

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$5,200
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
100th percentile[1]
Rental yield
[2]
Property tax
0th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 24176?
The typical home in 24176 is worth $832,176, based on the Zillow Home Value Index.
Are home values rising in 24176?
Home values in 24176 are up 1.7% over the past year, and up 9.4% a year over five years.
What is the property tax rate in 24176?
The effective property tax rate in 24176 is 0.4% — roughly $3,546 a year on a typical home.
Who lives in 24176?
ZIP code 24176 has a population of 1,586 and a median household income of $98,250.

#Comparable ZIPs

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

  • Penhook CDP, VA

    Typical home
    $515,413
    Gross yield
  • Daleville CDP, VA

    Typical home
    $467,379
    Gross yield
    4.7%
  • Westlake Corner CDP, VA

    Typical home
    $453,719
    Gross yield
  • Westlake Corner CDP, VA

    Typical home
    $395,776
    Gross yield
  • Cave Spring CDP, VA

    Typical home
    $379,848
    Gross yield
    4.9%
  • VA

    Typical home
    $350,415
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 24176 against any other ZIP — full side-by-side table.

Compare 24176

#Jump to section