SIALIMStatistical Intelligence for America's Local Investment Markets

24572Madison Heights, VA Home Values

Typical home value $249,935 as of June 2026 · 19th of 29 in Lynchburg, VA

Typical value — June 2026
$249,935
observed, not a forecast
Past 12 months
-0.1%
trailing year-over-year change
Past 5 years
+25.5%
June 2021 to June 2026
Rank in metro
19th
of 29 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 24572, June 2021 to June 2026. This page shows observed data only; no forecast.

How 24572 compares in the Lynchburg, VA area

ZIP code 24572 (Madison Heights, VA) has a typical home value of $249,935 as of June 2026, ranking 19th of 29 ZIP codes tracked in the Lynchburg, VA area, more expensive than about 38% of ZIP codes in the metro. Prices here have moved -0.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.5%, from $199,088 in June 2021 to $249,935 in June 2026. Against observed rent, the typical home here sells for 15.4× the annual rent ($1,351/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Lynchburg, VA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Lynchburg.

Population and demographics

ZIP code 24572 has a population of 15,515, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 71% White, 21.8% Black or African American, 2% two or more races, 1.9% Hispanic or Latino, 1.6% another race, 1% Asian, 0.6% American Indian or Alaska Native, and 0.1% Native Hawaiian or Pacific Islander.

Nearby public schools

SchoolAddressDistance
Monelison Middle257 Trojan Rd, Madison Heights, VA1.2 mi
Amelon Elementary132 Amer Court, Madison Heights, VA1.3 mi
Madison Heights Elementary287 Learning Lane, Madison Heights, VA3.1 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 24572?

$249,935 as of June 2026, the latest month Zillow has published observed data for.

Is 24572 an expensive ZIP code in the Lynchburg, VA area?

24572 ranks 19th of 29 ZIP codes in the Lynchburg, VA area by typical home value, more expensive than about 38% of ZIP codes in the metro.

How much have home values in 24572 changed over the past year?

-0.1% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 24572?

The typical home price is 15.4× the observed annual rent in this ZIP code ($1,351/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 24572?

15,515, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 24572?

Monelison Middle (1.2 mi), Amelon Elementary (1.3 mi), Madison Heights Elementary (3.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 24572?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Lynchburg, VA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.