Real Estate Investing in Rock, West Virginia (24747)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24747 (Rock, WV)? 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.
- Elevated vacancy: 11.7% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Rock, WV (24747)?
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Market Analysis: 24747 Rock
Investors eyeing 24747 need to respect the fundamentals at play. Home values of $127K come alongside slower price movement and elevated management overhead.
The 24747 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 24747 among WV's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
On the rental side, 3,551 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Rock's stable or hybrid ZIPs before stepping into 24747. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Rock:
Property Strategy for 24747
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $86,515 | $930 | 7.7% | +10.8% | $43,257 |
| 3BR | $141,839 | $1,250 | 6.3% | +9.9% | $47,280 |
| 4BR | $174,621 | $1,310 | 5.4% | +10.5% | $43,655 |
Market Trends
Home Value History (with trend line)
📊 How Does 24747 Compare?
| Metric | 24747 | Rock | Bluefield, WV-VA | West Virginia |
|---|---|---|---|---|
| Home Value | $126,829 | $126,829 | N/A | $169,372 |
| 5-Year CAGR | 7.4% | 7.4% | N/A | 6.1% |
| Avg Rent | $837 | $837 | N/A | - |
| Cap Rate | 5.2% | 5.2% | - | - |
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 24747 (Rock, WV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $126,829 |
| Monthly Rent | $837 |
| Price-to-Rent | 12.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.2% |
| 5-Year IRR | 12.5% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (5.2%). 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 24747
Population: 3,551
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 24747
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
Should investors consider Rock, WV?
Our data puts Rock, WV at 3.0/5 for investability. Home prices of $127K and rents around $837/mo create a solid backdrop for investor activity.
What is the average monthly rent in Rock, WV?
Rental rates in Rock, WV average $837/mo. Tenant demand and $127K home values make the yield look reasonable by investor standards.
How should investors approach Rock, WV?
The best-fit strategy in Rock, WV is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Do landlords face vacancy issues in Rock, WV?
Rock, WV sees elevated vacancy, which is reasonable relative to the broader WV rental market.
Is rental property easy to operate in Rock, WV?
For rental operators, Rock, WV rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 24747 now. You don’t know where it ranks.
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How 24747 ranks in Bluefield, WV-VA
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