ZIP Code Market Report
24603 — Grundy, VA
Data through February 2026 · Updated monthly
Avg Home Value
$63,520
▼ 14.3% year-over-year
Month-over-Month
-2.8%
▼ 2.8%
Single Family
$63,878
Condo / Co-op
--
The average home value in the 24603 ZIP code (Grundy, VIRGINIA) is $63,520 as of February 2026. Home prices are declining, down 14.3% compared to last year.
A 3-bedroom home in 24603 is valued at $75,962.
The market in 24603 has a $100,591 spread between bottom-tier homes at $32,472 and top-tier homes at $133,063. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Buchanan County market area in VIRGINIA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Buchanan County report.
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Market Snapshot
24603 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $67,634 | $65,366 | $63,520 | ▼ 6.1% |
| Single Family Value | $66,607 | $65,206 | $63,878 | ▼ 4.1% |
Home Values
24603 Home Value Trend
Historical home values for ZIP code 24603. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 24603
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 3 Bedrooms | $75,962 |
Property Types
Home Values by Property Type in 24603
How different property types compare in this ZIP code.
All Homes
$63,520
Single Family
$63,878
Bottom Tier
$32,472
Top Tier
$133,063
Data Sources and Methodology
Home value data for ZIP code 24603 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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