U.S. ZIP Code · VA24523
Bedford County · Lynchburg, VA
Appreciation
- 1-year
- +6.1%
- 5-year / yr
- +6.3%
- 10-year / yr
- +6.0%
Relative price
- vs U.S.
- ≈ U.S. median
- vs metro
- ≈ metro median
- vs state
- -14.0%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 24523 is worth $282,376. Over the past year, values have risen 6.1%. The effective property tax rate is 0.5%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Bedford 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
- Relatively Low
- Drought
- Relatively Moderate
- Heat wave
- Very Low
- Hurricane
- Relatively Low
- Tornado
- Very Low
- Earthquake
- Relatively Low
- Winter weather
- Relatively Low
#Who lives here
#Migration
Household moves in and out of Bedford County over a year, from IRS tax-return data.
- Net migration
- +162[5]
- Moved in
- 2,495
- Moved out
- 2,333
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 7
- Elementary
- 2
- Middle
- 1
- High
- 1
Liberty High
High · Grades 9–12 · Bedford County Public Schools
727 students
Liberty Middle
Middle · Grades 6–8 · Bedford County Public Schools
535 students
Bedford Elementary
Elementary · Grades 2–5 · Bedford County Public Schools
447 students
Bedford Primary
Elementary · Grades PK–1 · Bedford County Public Schools
289 students
Bedford County Alternative Education Center
Not applicable · Bedford County Public Schools
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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 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.
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.
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.
Frequently asked
- How much is a home worth in ZIP code 24523?
- The typical home in 24523 is worth $282,376, based on the Zillow Home Value Index.
- Are home values rising in 24523?
- Home values in 24523 are up 6.1% over the past year, and up 6.3% a year over five years.
- What is the property tax rate in 24523?
- The effective property tax rate in 24523 is 0.5% — roughly $1,330 a year on a typical home.
- Who lives in 24523?
- ZIP code 24523 has a population of 20,349 and a median household income of $73,957.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Rustburg CDP, VA
- Typical home
- $281,988
- Gross yield
- —
Appomattox, VA
- Typical home
- $281,797
- Gross yield
- —
Lynchburg, VA
- Typical home
- $277,828
- Gross yield
- 6.3%
VA
- Typical home
- $277,694
- Gross yield
- —
Vinton, VA
- Typical home
- $287,950
- Gross yield
- 4.8%
Concord CDP, VA
- Typical home
- $288,815
- Gross yield
- —
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