The story of this market
The typical home in ZIP 24733 sells for about $115,000, or $85 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 24733 — Lashmeet
The housing market in 24733 remains stable with low inventory and modest price appreciation consistent with rural West Virginia trends. Market activity is driven by local demand and affordability, with limited new construction and steady, long-term ownership patterns.
This ZIP is best suited for budget-conscious buyers, retirees, or those seeking a quiet, rural lifestyle who are comfortable with a commute to nearby regional employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 72 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 11.5% — 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 4.4%/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 4.6%/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 24733, Mercer County WV
Crime rates in the Lashmeet area are generally low and consistent with rural Mercer County trends, remaining well below national averages.
Schools serving the area are part of the Mercer County School District, which provides standard public education services for the rural community.
The area is subject to standard regional risks including localized flooding in low-lying areas and seasonal wind events; insurance availability remains stable.
Economic momentum is limited, with the area primarily serving as a residential base for workers commuting to larger hubs like Princeton or Bluefield.
Property taxes are assessed by Mercer County based on state-mandated valuation formulas; there are no significant special district taxes like MUDs or PIDs in this rural jurisdiction.
Residents primarily rely on personal vehicles for commutes, with travel times to employment centers in Princeton or Bluefield typically ranging from 20 to 30 minutes.
Recreational opportunities are largely outdoor-focused, including access to nearby state parks, hiking trails, and rural scenic areas within a short drive.
The rental market is characterized by low inventory and modest demand, primarily consisting of single-family homes with limited turnover.
The local economy is driven by regional services, healthcare, and education sectors centered in nearby Princeton and Bluefield.
Transportation is almost exclusively via private vehicle, with access to major regional corridors like US-460.
There are no major large-scale commercial or residential developments currently approved or under construction within the ZIP.
The Mercer County Assessor manages property valuations based on periodic reappraisals as required by West Virginia state law.
Parcels are subject to standard county and school district levies; no specialized utility or hospital districts are reported.
Property insurance remains available, though premiums are influenced by regional wildfire and storm risk profiles common to West Virginia.
West Virginia has experienced modest net domestic migration shifts, with rural areas like Mercer County seeing stable population retention.
West Virginia is a non-judicial foreclosure state, allowing for efficient processing of defaults under state-defined notice periods.
Sellers are required to provide a standard residential property disclosure statement covering known material defects.
Data retrieved from data.census.gov ZCTA 24733 profile.
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.
Notable for its unique sandstone rock formations and hiking trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.