Virginia Home Values & Market Trends

There have been 120,499 properties sold in the Virginia real estate market trends. Median home values in the Virginia housing market are $370,422.52. The median residential home value for transactions over the last 12 months is 349,296.931. The State of Virginia currently has 2,041 properties in foreclosure, 339 bank owned properties, and 1,702 headed for auction.

Virginia Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Fairfax

$ 708,726

$ 328/sqft

Prince Edward

$ 220,643

$ 143/sqft

Loudoun

$ 712,679

$ 288/sqft

Patrick

$ 185,386

$ 110/sqft

Prince William

$ 540,105

$ 231/sqft

Appomattox

$ 265,291

$ 163/sqft

Chesterfield

$ 344,517

$ 179/sqft

Madison

$ 404,820

$ 181/sqft

Henrico

$ 375,959

$ 215/sqft

Giles

$ 275,227

$ 146/sqft

Stafford

$ 508,161

$ 205/sqft

Lee

$ 171,746

$ 66/sqft

Spotsylvania

$ 430,047

$ 193/sqft

Buckingham

$ 302,569

$ 140/sqft

Arlington

$ 850,553

$ 474/sqft

Mathews

$ 312,487

$ 169/sqft

Frederick

$ 398,972

$ 185/sqft

Brunswick

$ 130,304

$ 78/sqft

Hanover

$ 439,132

$ 199/sqft

Salem

$ 240,327

$ 163/sqft

Albemarle

$ 525,000

$ 222/sqft

Russell

$ 164,567

$ 103/sqft

Fauquier

$ 599,177

$ 255/sqft

Richmond

$ 270,632

$ 167/sqft

James City

$ 464,900

$ 205/sqft

Essex

$ 257,303

$ 162/sqft

Rockingham

$ 374,000

$ 189/sqft

Cumberland

$ 240,000

$ 174/sqft

Accomack

$ 299,475

$ 192/sqft

Nottoway

$ 140,746

$ 102/sqft

Isle Of Wight

$ 373,464

$ 179/sqft

Amelia

$ 347,288

$ 164/sqft

Louisa

$ 494,829

$ 221/sqft

Lunenburg

$ 207,527

$ 121/sqft

Bedford

$ 346,509

$ 171/sqft

Rappahannock

$ 713,525

$ 233/sqft

Montgomery

$ 320,616

$ 184/sqft

Charles City

$ 297,284

$ 182/sqft

Orange

$ 390,953

$ 195/sqft

Surry

$ 234,900

$ 120/sqft

Westmoreland

$ 332,450

$ 195/sqft

Bland

$ 159,359

$ 99/sqft

Franklin

$ 399,900

$ 202/sqft

Floyd

$ 268,361

$ 173/sqft

Washington

$ 321,222

$ 135/sqft

King And Queen

$ 308,639

$ 180/sqft

Shenandoah

$ 336,950

$ 196/sqft

Sussex

$ 240,211

$ 170/sqft

Gloucester

$ 359,900

$ 193/sqft

Buchanan

$ 91,450

$ 49/sqft

Mecklenburg

$ 246,417

$ 135/sqft

Greensville

$ 141,764

$ 106/sqft

Augusta

$ 367,052

$ 181/sqft

Radford

$ 269,496

$ 151/sqft

Caroline

$ 324,328

$ 206/sqft

Alleghany

$ 256,879

$ 135/sqft

Culpeper

$ 496,531

$ 210/sqft

Dickenson

$ 198,556

$ 86/sqft

Henry

$ 128,443

$ 85/sqft

Charlotte

$ 277,000

$ 113/sqft

Page

$ 286,778

$ 188/sqft

Bath

$ 545,000

$ 113/sqft

Wythe

$ 223,040

$ 134/sqft

King William

$ --

$ --

York

$ 433,000

$ 194/sqft

Highland

$ 251,985

$ 144/sqft

Warren

$ 383,834

$ 212/sqft

Craig

$ 166,738

$ 131/sqft

Campbell

$ 204,658

$ 124/sqft

Covington

$ --

$ --

King George

$ 415,229

$ 183/sqft

Fredericksburg

$ --

$ --

Roanoke

$ 359,950

$ 180/sqft

Martinsville

$ --

$ --

Bristol

$ 199,357

$ 110/sqft

Colonial Heights

$ --

$ --

Greene

$ 389,500

$ 195/sqft

Buena Vista

$ --

$ --

Northumberland

$ 371,771

$ 210/sqft

Hopewell

$ --

$ --

Tazewell

$ 180,929

$ 89/sqft

Waynesboro

$ --

$ --

Halifax

$ 183,060

$ 108/sqft

Hampton

$ --

$ --

Powhatan

$ 540,237

$ 218/sqft

Suffolk

$ --

$ --

Pulaski

$ 188,023

$ 128/sqft

Winchester

$ --

$ --

Fluvanna

$ 338,034

$ 187/sqft

Norfolk

$ --

$ --

Rockbridge

$ 379,000

$ 175/sqft

Manassas

$ --

$ --

Wise

$ 113,976

$ 69/sqft

Virginia Beach

$ --

$ --

New Kent

$ 384,003

$ 199/sqft

Williamsburg

$ --

$ --

Lancaster

$ 444,538

$ 203/sqft

Staunton

$ --

$ --

Grayson

$ 220,159

$ 130/sqft

Norton

$ --

$ --

Prince George

$ 310,609

$ 188/sqft

Poquoson

$ --

$ --

Dinwiddie

$ 254,348

$ 175/sqft

Chesapeake

$ --

$ --

Carroll

$ 173,543

$ 108/sqft

Galax

$ --

$ --

Scott

$ 223,434

$ 98/sqft

Lexington

$ --

$ --

Goochland

$ 614,950

$ 233/sqft

Petersburg

$ --

$ --

Amherst

$ 250,500

$ 139/sqft

Alexandria

$ --

$ --

Smyth

$ 141,265

$ 93/sqft

Charlottesville

$ --

$ --

Clarke

$ 505,660

$ 249/sqft

Portsmouth

$ --

$ --

Northampton

$ 445,271

$ 239/sqft

Newport News

$ --

$ --

Pittsylvania

$ 150,000

$ 86/sqft

Lynchburg

$ --

$ --

Nelson

$ 425,000

$ 223/sqft

Harrisonburg

$ --

$ --

Southampton

$ 252,089

$ 151/sqft

Falls Church

$ --

$ --

Botetourt

$ 404,975

$ 163/sqft

Danville

$ --

$ --

Middlesex

$ 441,932

$ 180/sqft

See More

Housing Market Summary for Virginia

Mar 2023February 2024Change
Median Listing Price$389.1K$377.8K-2.91%
Median Sold Price$354.4K$377.8K6.60%
Homes For Sale12,08611,617-3.88%
Homes Sold63,56366,5844.75%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Virginia

There are currently 11,964 properties for sale in Virginia. The current home value ranges in price from 1,295 to 24,000,000. The total count of properties in the state is 2,896,517, and the percentage of properties for sale is 11964.00%.

Foreclosure
There are 127 counties within Virginia; within these counties, the median estimated home value for homes in foreclosure ranges from $752,010 in Lancaster to the lowest value of $20,000 in Lancaster. Foreclosure homes account for 0.00% of properties in Virginia with Fairfax containing 146 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Virginia with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 127 counties within Virginia; of those counties, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Virginia ranges from the highest value of $471,183 in Campbell to the lowest value of $20,000 in Lancaster. Bank owned homes and properties account for 0.01% of properties in Virginia. There are 127 counties within Virginia; Northampton containing 10 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Fairfax has 139 auction properties, the highest number of properties going to auction in a single county in the state of Virginia. Auction homes and other auction properties account for 0.06% of all properties in Virginia. There are 127 counties within Virginia; of those counties, the median estimated home value for homes going to auction ranges from $4,094,922 in Rappahannock to the lowest value of $22,367 in Rappahannock.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.41% of residential properties in Virginia with Fairfax containing 1396 homes for sale, the highest number of listed properties in a single county. There are 127 counties within Virginia; homes for sale in those counties, have a range of median values from $1,082,648 in Culpeper to the lowest value of $13,060 in Henry.
    Sold Homes
    The median value for recently sold homes ranges from $653,445 in Fluvanna to the lowest price of $6,485 in Fluvanna. There are 127 counties within Virginia. Fairfax has 8064 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 2.21% of properties in Virginia.

      Compare Nearby Cities

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      Homes For Sale
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      Guide for Virginia

      Market Reports
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      Buy to Rent
      How To Choose The Right Property Management Tool
      See More Articles
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      Market Reports|posted 13 February 2024

      The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.

      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Buying your first home is an exciting and significant milestone in life. It’s a decision that requires careful consideration, especially when it comes to finances. Understanding how much you should spend on your first home is crucial to ensure a smooth and stress-free buying process. In this article, we will explore the basics of home […]

      How To Choose The Right Property Management Tool
      Buy to Rent|posted 5 March 2024

      Learn how to select the perfect property management tool for your real estate business.