Real Estate Investing in Staunton, Virginia (24401)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24401 (Staunton, VA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.2% vacancy may signal weakening demand.
What’s happening in Staunton, VA (24401)?
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Market Analysis: 24401 Staunton
ZIP 24401 in Staunton, VA carries a durable set of headwinds. Home values near $320K and rents of $1,566/mo sit inside a market where underwriting has to be tight.
The investment case in 24401 is healthy only for operators who understand what they are buying. A $320K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader VA picture, 24401 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A solid renter share of 37% in 24401 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Staunton:
Property Strategy for 24401
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $217,588 | $1,290 | 4.3% | +7.7% | $108,794 |
| 3BR | $307,760 | $1,770 | 4.1% | +6.8% | $102,587 |
| 4BR | $395,524 | $1,990 | 3.6% | +7.2% | $98,881 |
| 5BR | $552,550 | — | — | +6.7% | $110,510 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 24401 Compare?
| Metric | 24401 | Staunton | Staunton, VA | Virginia |
|---|---|---|---|---|
| Home Value | $320,164 | $320,164 | N/A | $403,170 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 6.4% |
| Avg Rent | $1,566 | $1,566 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 24401 (Staunton, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $320,164 |
| Monthly Rent | $1,566 |
| Price-to-Rent | 17.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 24401
Population: 37,720
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 24401
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How expensive is real estate in Staunton, VA?
The median home value in Staunton, VA is roughly $320K. That puts it reasonable relative to the VA statewide average.
How strict are landlord regulations in Staunton, VA?
Staunton, VA operates under VA law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.
Do landlords face vacancy issues in Staunton, VA?
Expect elevated vacancy in Staunton, VA. Rents at $1,566/mo are absorbed by the tenant base without meaningful lag.
Can I live-in-and-rent in Staunton, VA?
The house hack math a challenging in Staunton, VA. Owner-occupant buyers benefit from the $1,566/mo rents and $320K home values.
What is the smart move for investors in Staunton, VA?
In Staunton, VA the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $320K prices and $1,566/mo rents suits that approach.
You know 24401 now. You don’t know where it ranks.
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How 24401 ranks in Staunton, VA
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