HousingHandbookReference data

U.S. ZIP Code · WV24831

McDowell County

Typical home value

$35,783[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-25.9%
5-year / yr
10-year / yr

Relative price

vs U.S.
-87.4%
vs metro
vs state
-74.7%
ZIP 24831 location in WV
Location of ZIP 24831 in WV

Price history

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

The typical home in 24831 is worth $35,783. Over the past year, values have fallen 25.9%.

#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
[3]
Typical annual tax
[3]

#Climate risk

FEMA National Risk Index ratings for McDowell 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
Relatively Low
Drought
No Rating
Heat wave
Very Low
Hurricane
Very Low
Tornado
Very Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
393[3]
Median household income
$57,652[3]

#Migration

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

Net migration
-36[5]
Moved in
176
Moved out
212

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$181
Loan principal$28,627
Down payment$7,157
Total interest paid$36,512

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$247
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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 24831?
The typical home in 24831 is worth $35,783, based on the Zillow Home Value Index.
Are home values rising in 24831?
Home values in 24831 are down 25.9% over the past year.
Who lives in 24831?
ZIP code 24831 has a population of 393 and a median household income of $57,652.

Compare ZIPs

Pit ZIP 24831 against any other ZIP — full side-by-side table.

Compare 24831

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