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Area data

Monterey, VA — ZIP 24465

Population: 1,403 (Census ACS)

The median home value in ZIP 24465 (Monterey, VA) is $285,809 — up 4.0% over the past year. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low. 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

$285,809

Median home value

+4.0%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$285,809
1-year appreciation
+4.0%
3-year appreciation
+15.0%
5-year appreciation
+30.4%
10-year appreciation
+64.1%
All-time peak (2026-07)
$285,809
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
12

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

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
2
Elementary schools
1
Middle schools
0
High schools
1
Schools include
Highland Elementary, HIGHLAND HIGH

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

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Low · landslide: Relatively Low
Wildfire risk to homes (county)
Higher than 60% of US counties
Buildings in wildfire direct-exposure zone
97.3%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
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)

Average annual temperature
48.0°F
Average high
60.0°F
Average low
37.0°F
Annual precipitation
48.5 in
Annual snowfall
49.9 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

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

Amenities

National parks within ~60 mi
1
Nearest national park
Shenandoah National Park (60 mi)
Airports within 30 mi
8
Nearest airport
Hannah Field (2 mi)
Hospitals nearby (~15 mi)
1,090
Hospitals include
MIZELL MEMORIAL HOSPITAL, CRENSHAW COMMUNITY HOSPITAL, CRENSHAW COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

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

Migration

Net migration (county)
+7 tax filers

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

Housing stock

Median year housing built
1,971
Housing built before 1970
49.3%
Housing built 2000 or later
19.3%
Median annual property tax
$1,175
Households with broadband internet
66.5%

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

Employment & development

Total county employment
409
Average weekly wage
$851
Top industries (by employment)
Construction, Other Services, Agriculture
Annual residential building permits (county)
12

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

How it compares

ZIP 24465State medianUS median
Median home value$285,809$331,625$289,727
Median annual property tax$1,175$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 24465?
$285,809.
What is the natural-hazard risk in ZIP 24465?
Overall risk: Very Low (FEMA NRI, county-level).
What is the wildfire risk in ZIP 24465?
Risk to homes is higher than 60% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 24465?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 24465?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 24465?
2 schools (1 elementary, 1 high) (NCES, 2022-23).
What is the cost of living in ZIP 24465?
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