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Fancy Gap, VA Home Values and Rents

The typical home value in Fancy Gap is $236,320.

Typical home value
$236,320
Zillow
Price change, 1 year
+4.4%
Sep 2026
Homeownership
42.2%
VA: 67.3%

Typical home value in Fancy Gap

Zillow Home Value Index, all homes, middle tier

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PeriodFancy Gap
Sep 2026$236,320
Dec 2025$231,657
Dec 2024$234,144
Dec 2023$228,787
Dec 2022$207,125
Dec 2021$192,296
Dec 2020$170,759
Dec 2019$157,804
Dec 2018$147,502
Dec 2017$143,540
Dec 2016$141,883
Dec 2015$137,026
Dec 2014$130,261
Dec 2013$127,241
Dec 2012$135,520

Over five years, Fancy Gap prices changed +25.8%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

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#ZIP codeMedian valueMedian rent1-year5-year
124328$165,100$752+28.7%+47.2%

Fair Market Rents, FY2027

HUD rent standard for Carroll County-Galax city, VA HUD Nonmetro FMR Area

VA rents
Unit sizeMonthly rentvs FY2026
Studio$799+4.4%
1 bedroom$803+4.3%
2 bedrooms$943+3.2%
3 bedrooms$1,306+2.8%
4 bedrooms$1,510+2.0%

Frequently asked questions

What is the typical home value in Fancy Gap, VA?
The typical home value in Fancy Gap is $236,320 (Zillow Home Value Index, Sep 2026). The Virginia median is $383,700.
Are home prices going up in Fancy Gap?
The typical home value in Fancy Gap changed +4.4% over one year and +25.8% over five years, as of Sep 2026.
Which ZIP code in Fancy Gap has the highest home values?
ZIP code 24328 has the highest median home value at $165,100.