The story of this market
The typical home in ZIP 24556 sells for about $429,000, or $163 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $787 a month.
ZIP 24556 — Goode
The housing market in 24556 is characterized by limited inventory and a median home value of $429,000. Market conditions are balanced, though the area presents specific demographic headwinds that require careful consideration for potential investors.
The area is suited for value-add investors and local operators familiar with the specific demographic and income constraints of the Goode community.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 44 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 6.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 24556, Bedford County VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The local economy is tied to the broader Lynchburg metropolitan area, which supports a diverse mix of industries including education, healthcare, and manufacturing.
Data sourced from Repit and regional census aggregates.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.