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Area data

Lexington, VA — ZIP 24450

Population: 17,714 (Census ACS)

The median home value in ZIP 24450 (Lexington, VA) is $373,683 — up 4.1% over the past year. Typical rent runs $1,651/month. 5 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with landslide, lightning the top-rated hazards. Cost of living is 3.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$373,683

Median home value

+4.1%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$373,683
1-year appreciation
+4.1%
3-year appreciation
+14.4%
5-year appreciation
+22.8%
10-year appreciation
+61.3%
All-time peak (2026-07)
$373,683
House Price Index (state)
423.6 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

For-sale inventory
68
New listings (monthly)
20

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,651/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
5
Elementary schools
2
Middle schools
2
High schools
1
School districts serving the area
Lexington City Public Schools, Rockbridge County Public Schools
Schools include
Harrington Waddell Elementary, LYLBURN DOWNING MIDDLE, ROCKBRIDGE COUNTY HIGH, Central Elementary, MAURY RIVER MIDDLE

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
landslide, lightning
Notable hazard ratings (county)
avalanche: Relatively Low · coldWave: Relatively Low · drought: Relatively Low · hurricane: Relatively Low · inlandFlooding: Relatively Low · landslide: Relatively Moderate
Wildfire risk to homes (county)
Higher than 65% of US counties
Buildings in wildfire direct-exposure zone
91.4%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Kim-Stan Landfill (21.6 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
55.2 in
Annual snowfall
15.6 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
37
Days with Good air quality
261
Days with Moderate air quality
21
Days with Unhealthy air quality
1
Highest AQI recorded (year)
240

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

National parks within ~60 mi
2
Nearest national park
Appomattox Court House National Historical Park (46 mi)
National parks include
Appomattox Court House National Historical Park, Booker T Washington National Monument
Airports within 30 mi
16
Nearest airport
Rock Airport (8 mi)
Nearest major airport
Lynchburg Regional Airport - Preston Glenn Field (LYH) (35 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
CARILION STONEWALL JACKSON HOSPITAL
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
3.0 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+90 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,976
Housing built before 1970
42.2%
Housing built 2000 or later
17.8%
Median annual property tax
$1,909
Mean commute to work
18 min
Households with broadband internet
74.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
4,864
Average weekly wage
$795
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
105

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 24450State medianUS median
Median home value$373,683$331,625$289,727
Typical rent$1,651/mo$2,038/mo$1,808/mo
Median annual property tax$1,909$1,619$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 24450?
$373,683.
What is typical rent in ZIP 24450?
Typical rent: $1,651/month.
What is the natural-hazard risk in ZIP 24450?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: landslide, lightning.
What is the wildfire risk in ZIP 24450?
Risk to homes is higher than 65% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 24450?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 24450?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 24450?
5 schools (2 elementary, 2 middle, 1 high) (NCES, 2022-23).
What is the air quality in ZIP 24450?
Good. Median AQI: 37. (EPA AQI).
What is the cost of living in ZIP 24450?
Regional Price Parity: 103.5 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents