Fastest-Appreciating ZIP Codes in Martinsville, VA (2026)

Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.

# ZIP City Home value Rent Cap rate 5-yr growth
1 24078 Collinsville, VA $169,683 $819 3.76% 7.1%
2 24112 Martinsville, VA $132,753 $890 5.23% 7.1%
3 24148 Ridgeway, VA $164,595 $819 3.88% 6.8%
4 24055 Bassett, VA $134,231 $819 4.76% 6.2%
5 24089 Fieldale, VA $111,642 $819 5.72% 5.0%
6 24165 Spencer, VA $165,228 $1,134 5.35% 4.4%
7 24054 Axton, VA $122,044 $900 5.75% 1.9%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →