What is the median home value in ZIP 24127 in Craig County, VA?

The median home value in ZIP 24127 in Craig County, VA is $210,500, according to the latest Census ACS 5-Year Estimates.

How much new construction is happening in Craig County, VA?

Craig County has 4,881 residents and issued 18 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Roanoke, VA · Virginia

Craig County

ZIP 24127

4,881 residents18 permits TTM$67,778 median HHI2 ZIP codesUpdated April 16, 2026

Investor first look

Median home value

$210,500

ACS 5-Year

Cap rate proxy

4.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

12.9%

HUD FMR ÷ ACS HHI

Net migration

—

IRS SOI

Permits (TTM)

Census BPS

Climate risk

6.2

FEMA NRI (0–100)

ZIP 24127

Median home value

—

Gross yield

—

Cap rate

4.1%

Rent gap

—

Affordability

P/I: 3.1R/I: —

Section 8 detail

SAFMR: —Rent: —Gap: —

ZIP code breakdown2 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate ↓	Rent gap
24131	—	—	—	4.2%	—
24127	—	—	—	4.1%	—

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

83.0%

Census ACS

Vacancy rate

26.9%

Census ACS

Bachelor's degree +

17.3%

Census ACS

Rent burdened

47.1%

Census ACS (>30% income)

Median age

46.1

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 16, 2026