The story of this market
The typical home in ZIP 24366 sells for about $245,000, or $135 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 24366 — Rocky Gap
The housing market in 24366 remains stable with low inventory and modest price appreciation. Demand is driven by local residents and those seeking affordable rural living, though limited supply keeps sales volume low.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle who are comfortable with longer commutes to access major employment and retail centers.
Median prices moved up 2.5% year over year.
Homes spend a median of 42 days on market with 4.5 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 36.9% — a mixed stability 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 6.0%/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 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 24366, Carroll 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 this rural area are generally lower than the national average, with property-related incidents being the most common reports.
Local schools are part of a small rural district, typically characterized by smaller class sizes and limited extracurricular offerings compared to larger suburban districts.
The area is subject to standard regional risks including seasonal severe thunderstorms and occasional high winds; flood risk is localized to specific low-lying areas near creeks.
Economic momentum is modest, driven primarily by local agriculture, small-scale retail, and regional service industries with limited large-scale industrial development.
Property taxes are assessed at the county level based on fair market value, with standard homestead exemptions available for primary residences.
Commuting is primarily car-dependent, with residents typically driving 30-45 minutes to reach larger employment hubs in neighboring counties.
Recreation is centered on outdoor activities including local parks, nearby state forest trails, and fishing spots, with limited commercial shopping and dining options.
The rental market is tight with limited inventory, consisting mostly of single-family homes and small multi-family units; turnover is low.
The local economy is anchored by agriculture, forestry, and small-scale manufacturing, with many residents commuting to larger regional centers for professional services.
Transportation is almost exclusively via private vehicle; there is no public transit infrastructure serving this rural area.
Development is limited to small-scale residential infill and minor commercial upgrades, with no major master-planned communities currently in the pipeline.
The county appraisal district conducts annual assessments to determine property values for tax purposes, following state-mandated guidelines.
Parcels are subject to county and school district taxes; there are no significant MUD or PID districts in this rural area.
Property insurance premiums are stable but reflect the rural nature of the area, with considerations for fire protection ratings and distance to emergency services.
Data retrieved from US Census Bureau data.census.gov for ZCTA 24366.
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.
A major regional attraction offering extensive hiking, biking, and equestrian trails.
Provides basic recreational facilities including playgrounds and picnic areas for local residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.