ZIP Code Market Report
24622 — Jewell Ridge, VA
Data through February 2026 · Updated monthly
Avg Home Value
$52,211
▼ 14.5% year-over-year
Month-over-Month
-0.9%
▼ 0.9%
Single Family
$51,912
Condo / Co-op
--
The average home value in the 24622 ZIP code (Jewell Ridge, VIRGINIA) is $52,211 as of February 2026. Home prices are declining, down 14.5% compared to last year.
A 3-bedroom home in 24622 is valued at $63,150.
The market in 24622 has a $76,801 spread between bottom-tier homes at $26,886 and top-tier homes at $103,687. 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
24622 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 | $53,801 | $52,659 | $52,211 | ▼ 3.0% |
| Single Family Value | $52,159 | $52,179 | $51,912 | ▼ 0.5% |
Home Values
24622 Home Value Trend
Historical home values for ZIP code 24622. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 24622
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 3 Bedrooms | $63,150 |
Property Types
Home Values by Property Type in 24622
How different property types compare in this ZIP code.
All Homes
$52,211
Single Family
$51,912
Bottom Tier
$26,886
Top Tier
$103,687
Data Sources and Methodology
Home value data for ZIP code 24622 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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