Grundy, Virginia.
Typical home $79,376 (-4.7% in a year).
to buy the typical home at today's mortgage rate — +$123 (+42%) since Jan 2020.
- 1 year
- Down $3,927 -5%
- $83,303$79,376 since Sep 2025
- 5 years
- Down $11,819 -13%
- $91,195$79,376 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Grundy$417
- Virginia$2,164
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Grundy, VA fell 4.7% over the past year — slower than the nation's +1.2%.
Living in Grundy, Buchanan County, Virginia
Grundy is a town of 875 people in Buchanan County. 86% of its homes are lived in by their owners and 14% are rented. Unemployment in Buchanan County was 7.0% in August 2026, and the county had 5.9% fewer jobs in 2025 than the year before. The most people in Buchanan County work in schools and health care, then farming.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Grundy is a very small town, the kind where most people live in homes they own. Homes here cost far less than in much of the country, and across Buchanan County, household incomes are modest. Winters are cold, with some snow, summers are warm, and rain and melted snow fall steadily through the year.
Work. Many residents work in schools, hospitals and social care, and others in farming, forestry and mining, in government, or in shops. Across Buchanan County, some of the largest workplaces are Buchanan County Public Schools, Buchanan General Hospital and Walmart. Most people have a fairly short trip to work, and a modest share work from home. Across Buchanan County, unemployment is higher than a year ago and jobs have become fewer.
Things to do. For time outdoors, Breaks Interstate Park is a protected area a longer drive away. Also a longer drive away are Berwind Lake Wildlife Management Area, another protected area, and the McClure River, for those who like to be near running water.
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- 18 mintypical commute
- 11%work from home
What people in Buchanan County work in
Employed residents by industry, from the Census survey. Buchanan County had 5,696 jobs in 2025, 5.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 43° and lows near 24°; warmest in July, with highs near 83° and lows near 63°. About 16 inches of snow and 47 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Grundy weather station, a mile away (NOAA).
Largest workplaces in Buchanan County
- Buchanan County Public SchoolsSchool district464FTE
- Virginia Department of CorrectionsCorrectional institutions310
- Virginia Employment Commission-VansantGeneral services departments, government230
- Buchanan General HospitalGeneral hospital180FTE
- WalmartWarehouse clubs and supercenters173
- American HealthCareNursing care facilities134
- K VA T Food StoresSupermarket122
- SunCoke Energy Jewell OperationCoke oven products made in coke oven establishments114
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 11 workplaces with 20 or more staff, 1,508 people in all across the county; Grundy has one of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingRelatively high
- Cold wavesRelatively high
- LandslidesRelatively moderate
- WildfireRelatively moderate
- Strong windRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Grundy’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Buchanan County.
Grundy home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Grundy$79,376
- Virginia$412,252
- United States$366,157
Sellers are cutting prices on about 1 in 6 Grundy listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Grundy16.78%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Grundy20
Zip codes with a Grundy address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Grundy — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Grundy
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 24614 | Grundy | 6,668 | — | $79,834 |
| 24603 | Big Rock | 632 | — | $69,092 |