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Home values, rents and more in ZIP code 24523 (Bedford, VA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$287,000
Metro: $288,000 · U.S.: $366,000
Home values, past year
+7.5%
Metro: +2.9% · U.S.: +1.2%
Population
20,349
ACS 2020–24
Median household income
$73,957
Metro: $68,996 · U.S.: $80,734
ZIP codes around 24523, shaded by typical home value2452324521240852455724066244262415124450245542457424121240902406524104
  • Under $180k
  • $180k–$230k
  • $230k–$290k
  • $290k–$340k
  • $340k+
  • No data
ZIP codes around 24523, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 24523 is outlined.

How 24523 compares

The typical home in ZIP code 24523 (Bedford, VA) is worth about $287,000, according to the Zillow Home Value Index for September 2026. Home values in 24523 are about the same as the typical value in the Lynchburg metro area ($288,000) and 22% below the U.S. typical value ($366,000).

Over the past year, home values in 24523 rose 7.5%, compared with +2.9% in the Lynchburg metro area and +1.2% nationally.

The median household income is $73,957, against $68,996 in the Lynchburg metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 20,349 people live in 24523 (American Community Survey 2020–24).

24523 has the 12th-highest typical home value of the 29 ZIP codes in the Lynchburg metro area and the 301st-lowest of 757 in Virginia with Zillow figures.

Part of: Bedford, VA · Bedford County, VA · Lynchburg metro area · Virginia

More for 24523 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 24523 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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