The story of this market
The typical home in ZIP 24715 sells for about $67,900, or $54 per square foot.
Homes take about 180 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $750 a month.
ZIP 24715 — Bramwell
The housing market in 24715 is extremely quiet with very low inventory and minimal sales activity. Prices remain low, reflecting the rural nature of the area and limited economic growth. Market conditions are stable, with no significant upward or downward pressure on values.
This ZIP is best suited for those seeking historic, low-cost housing in a quiet, rural setting, particularly retirees or those who work remotely.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 180 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 20.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 24715, Mercer County WV
The area is subject to regional flood and wildfire risks common to the Appalachian region; insurance availability is generally stable but premiums are sensitive to local hazard mapping.
Economic momentum is limited, with the area serving primarily as a historic residential enclave with minimal new commercial development.
Property taxes are assessed at the county level in Mercer County, West Virginia, based on a percentage of fair market value; special district levies for utilities and local services apply.
Commutes are primarily car-dependent, with residents traveling toward Bluefield or Princeton for employment.
The area is known for its historic architecture and proximity to the Bluestone River and local mountain trails.
The rental market is very thin with limited inventory and low turnover.
The local economy is historically tied to the coal industry, with current employment centered on healthcare, education, and government services in nearby Bluefield.
Public transit is virtually non-existent; the area relies on regional highway access via US-52.
No major commercial or residential developments are currently reported for this ZIP.
The Mercer County Assessor manages property valuations, typically reassessing based on market trends and state-mandated cycles.
Parcels are subject to Mercer County school district levies and local utility district assessments.
Property insurance is available but may be subject to higher premiums due to the rural, mountainous terrain and wildfire risk profiles.
West Virginia is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a residential property disclosure statement regarding the condition of the property.
Data retrieved from Census Reporter and ACS 2024 profiles.
Known for its well-preserved historic mansions from the coal boom era.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.