Real Estate Investing in North Tazewell, Virginia (24630)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24630 (North Tazewell, VA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 21.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in North Tazewell, VA (24630)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 24630 North Tazewell
Looking more closely, ZIP 24630 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $140K median. It rewards specialists, not generalists.
The 24630 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in North Tazewell have seen price recovery that 24630 has not matched. Tazewell County data supports the view that the spread is structural rather than temporary.
Demographically, 24630 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 24630 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in North Tazewell:
Property Strategy for 24630
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $78,665 | $910 | 8.3% | +7.2% | $39,332 |
| 3BR | $147,530 | $1,100 | 5.4% | +6.2% | $49,177 |
| 4BR | $210,105 | $1,260 | 4.3% | +7.5% | $52,526 |
Market Trends
Home Value History (with trend line)
📊 How Does 24630 Compare?
| Metric | 24630 | North Tazewell | Bluefield, WV-VA | Virginia |
|---|---|---|---|---|
| Home Value | $140,074 | $140,074 | N/A | $403,170 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 6.4% |
| Avg Rent | $819 | $819 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
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 24630 (North Tazewell, VA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 24630 (North Tazewell, VA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $140,074 |
| Monthly Rent | $819 |
| Price-to-Rent | 14.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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 24630
Population: 5,920
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 24630
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
What type of investing works in North Tazewell, VA?
Most investors in North Tazewell, VA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Are renters plentiful in North Tazewell, VA?
Expect a solid tenant pool in North Tazewell, VA. The rental market absorbs $819/mo rents without meaningful friction.
What monthly rent should investors expect in North Tazewell, VA?
North Tazewell, VA rentals go for roughly $819/mo a month. That puts gross yield in solid territory relative to $140K acquisition costs.
Is North Tazewell, VA good for house hacking?
North Tazewell, VA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $140K price point reasonable to enter.
Is real estate in North Tazewell, VA a good investment right now?
Investors tracking North Tazewell, VA will find a 3.0/5 rating supported by $140K median home values and $819/mo rents. That profile suits long-term holders targeting reliable returns.
You know 24630 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 24630 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 24630 ranks in Bluefield, WV-VA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 24630 (North Tazewell)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 24630 (North Tazewell, VA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.