24464 — Nelson County, Virginia Market Snapshot
Housing market data for zip code 24464 in Nelson County, Virginia. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Nelson County county page for broader data.
Market Sales Data
1 sales in 2025
Median Sale Price
$416,000
Days to Sell
5
Homes Sold
1
Inventory
N/A
Conforming Loan Available
Most homebuyers in 24464 can comfortably use conventional financing. The median home price of $416,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
24464 is an extremely competitive market with homes selling in just 5 days on average. Buyers need pre-approval letters ready before making offers.
Conforming Loan Feasibility
Most homebuyers in 24464 can comfortably use conventional financing. The median home price of $416,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 24464 are set at the county level.
2026 Loan Limits — Nelson County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $598,000 |
| 2 Units | $1,066,250 | $765,550 |
| 3 Units | $1,288,800 | $925,350 |
| 4 Units | $1,601,750 | $1,150,000 |
Affordability Snapshot — Zip 24464
To purchase the median home at $416,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,337.
Monthly Payment
$3,337
Income Required
$143,025
Principal & Interest
$2,563/mo
Down Payment (5%)
$20,800
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 24464.
Estimated Monthly Payment
$2,725
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