How much is a home worth in ZIP code 24201?

The typical home in 24201 is worth $181,388, based on the Zillow Home Value Index.

Are home values rising in 24201?

Home values in 24201 are down 1.2% over the past year, and up 7.8% a year over five years.

What is the typical rent in 24201?

A typical home in 24201 rents for about $1,411 a month, a gross rental yield of 9.3%.

What is the property tax rate in 24201?

The effective property tax rate in 24201 is 0.8% — roughly $1,441 a year on a typical home.

ZIP code 24201 has a population of 15,903 and a median household income of $48,764.

HousingHandbookReference data

…

U.S. ZIP Code · VA24201

Bristol city · Kingsport-Bristol, TN-VA

Typical home value

$181,388^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.2%
5-year / yr: +7.8%
10-year / yr: +7.3%

Relative price

vs U.S.: -36.1%
vs metro: -20.3%
vs state: -44.8%

Price history

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

The typical home in 24201 is worth $181,388 — 20.3% below the Kingsport-Bristol, TN-VA median. Over the past year, values have fallen 1.2%. Homes here rent for a typical $1,411 a month — a 9.3% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent: $1,411^[2]
Gross yield: 9.3%^[2]
Cap rate: 5.6%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $1,441^[3]

#Climate risk

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

Overall risk: Very Low^[4]
Riverine flood: Very Low
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: No Rating
Heat wave: No Rating
Hurricane: Very Low
Tornado: Very Low
Earthquake: Relatively Low
Winter weather: Very Low

#Who lives here

Population: 15,903^[3]
Median household income: $48,764^[3]

#Migration

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

Net migration: +67^[5]
Moved in: 702
Moved out: 635

Schools

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

Public schools: 7
Elementary: 4
Middle: 1
High: 1

Virginia High
High · Grades 9–12 · Bristol City Public Schools
625 students
Virginia Middle
Middle · Grades 6–8 · Bristol City Public Schools
458 students
Joseph Van Pelt Elementary
Elementary · Grades PK–5 · Bristol City Public Schools
425 students
Stonewall Jackson Elementary
Elementary · Grades PK–5 · Bristol City Public Schools
263 students
Washington-Lee Elementary
Elementary · Grades PK–5 · Bristol City Public Schools
219 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.

Home value$Monthly rent$

Gross yield9.3%

Net yield (after ~40% expenses)5.6%

Annual rent$16,926

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$917

Loan principal$145,110

Down payment$36,278

Total interest paid$185,080

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.84

Monthly cost to own$1,188

Monthly rent$1,411

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: 39th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 100th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

4th for highest rental yield in VAView list →

Frequently asked

How much is a home worth in ZIP code 24201?: The typical home in 24201 is worth $181,388, based on the Zillow Home Value Index.
Are home values rising in 24201?: Home values in 24201 are down 1.2% over the past year, and up 7.8% a year over five years.
What is the typical rent in 24201?: A typical home in 24201 rents for about $1,411 a month, a gross rental yield of 9.3%.
What is the property tax rate in 24201?: The effective property tax rate in 24201 is 0.8% — roughly $1,441 a year on a typical home.
Who lives in 24201?: ZIP code 24201 has a population of 15,903 and a median household income of $48,764.

#Comparable ZIPs

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

37731 vs 24201 →
TN
Typical home
$182,463
Gross yield
—
24270 vs 24201 →
Mendota CDP, VA
Typical home
$184,993
Gross yield
—
24271
Nickelsville, VA
Typical home
$177,403
Gross yield
—
24290
Weber City, VA
Typical home
$170,409
Gross yield
—
24251
Gate City, VA
Typical home
$169,018
Gross yield
—
37665
Kingsport, TN
Typical home
$168,444
Gross yield
—

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#Jump to section

U.S. ZIP Code · VA24201

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