The story of this market
The typical home in ZIP 24609 sells for about $144,000, or $85 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $857 a month.
ZIP 24609 — Cedar Bluff
The housing market in 24609 remains balanced with modest price growth and low inventory levels. Market activity is driven by local demand and limited new construction, keeping the area affordable compared to national averages.
This area is best suited for budget-conscious families and long-term residents seeking a quiet, rural lifestyle with low cost-of-living advantages.
Median prices moved up 2.1% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 92% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.2% · poverty 13.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 24609, Tazewell 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.
Crime rates in the Cedar Bluff area are generally lower than the national average, consistent with rural Tazewell County trends.
Schools serving the area are part of the Tazewell County Public Schools system, which provides standard rural educational services.
The area is subject to standard regional flood risks near the Clinch River and typical Appalachian weather patterns.
Economic momentum is driven by local government, healthcare, and legacy regional industries with limited new large-scale commercial development.
Property taxes are assessed by Tazewell County based on fair market value; the area is subject to standard Virginia state and local tax structures.
Commuting is primarily car-dependent, with residents traveling along US Route 460 toward employment hubs in Richlands or Bluefield.
Local recreation includes access to the Clinch River for fishing and boating, as well as proximity to regional parks and outdoor trails.
The rental market is characterized by low turnover and limited inventory, primarily serving local workers and long-term residents.
The economy is anchored by healthcare, education, and local government services, with a historical reliance on regional trade and small-scale manufacturing.
Development is primarily focused on small-scale residential improvements and local infrastructure maintenance.
Parcels are subject to Tazewell County property tax levies and standard regional utility district fees.
Property insurance premiums are influenced by regional wildfire and flood risk assessments common to Southwest Virginia.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Back of the Dragon4.819.3 mi
- Museum Of The Middle Appalachians4.89.1 mi
- Broadway Cinemas46.8 mi
- Fireside Lanes3.96.6 mi
- Museum Of The Middle Appalachians4.89.1 mi
- Historic Crab Orchard Museum4.717.2 mi
- The Channels4.811.4 mi
- Pinnacle Natural Area Preserve4.812 mi
- Richlands Town Recreation Park4.46.9 mi
- Claypool Hill Mall3.56.9 mi
- Richlands Mall46.9 mi
- Russell County Shopping Center4.212.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local opportunities for fishing and outdoor recreation.
Community green space for local gatherings and outdoor activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.