Fastest-Appreciating ZIP Codes in Roanoke, 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 24017 Roanoke, VA $190,160 $1,528 6.27% 8.2%
2 24176 Union Hall, VA $863,171 $1,278 1.15% 8.2%
3 24059 Bent Mountain, VA $353,770 $1,089 2.40% 8.1%
4 24013 Roanoke, VA $151,429 $1,359 7.00% 7.7%
5 24016 Roanoke, VA $169,642 $1,124 5.17% 7.6%
6 24092 Gladehill, VA $313,472 $945 2.35% 7.4%
7 24151 Rocky Mount, VA $276,663 $855 2.41% 7.4%
8 24070 Catawba, VA $363,826 $999 2.14% 7.3%
9 24012 Roanoke, VA $235,104 $1,472 4.88% 7.1%
10 24101 Hardy, VA $405,627 $990 1.90% 7.0%
11 24065 Boones Mill, VA $338,934 $927 2.13% 7.0%
12 24015 Roanoke, VA $307,878 $1,363 3.45% 7.0%
13 24179 Vinton, VA $292,628 $1,392 3.71% 7.0%
14 24014 Roanoke, VA $299,913 $1,241 3.23% 6.8%
15 24067 Callaway, VA $332,766 $819 1.92% 6.5%
16 24088 Ferrum, VA $259,594 $819 2.46% 6.5%
17 24153 Salem, VA $312,358 $1,609 4.02% 6.4%
18 24019 Roanoke, VA $314,169 $1,418 3.52% 6.3%
19 24184 Wirtz, VA $468,445 $819 1.36% 6.2%
20 24102 Henry, VA $232,002 $819 2.75% 6.1%
21 24018 Roanoke, VA $385,066 $1,680 3.40% 6.1%
22 24064 Blue Ridge, VA $319,483 $1,260 3.08% 5.4%
23 24137 Penhook, VA $537,117 $981 1.42% 5.0%
24 24127 New Castle, VA $229,261 $927 3.15% 4.9%
25 24175 Troutville, VA $342,670 $1,053 2.40% 4.8%

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 →

Same metro, different strategy

Cash Flow in Roanoke, VA  ·  Affordable in Roanoke, VA

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