Virginia Real Estate Market Trends & Home Values

Virginia Market Overview

There have been 143,975 properties sold in the Virginia real estate market trends. Median home values in the Virginia housing market are $370,524. The median residential home value for transactions over the last 12 months is $351,624. The State of Virginia currently has 2,180 properties in foreclosure, 421 bank owned properties, and 1,759 headed for auction.

Active Residential Inventory

Total Inventory

Recently Sold Properties

Virginia Home Values

$370,524

There are currently 11,837 properties for sale in Virginia. The current home value ranges in price from $123 to $19,000,000. The total count of properties in the state is 2,908,563, and the percentage of properties for sale is 84.4%.

Virginia Real Estate Market Overview

Virginia Foreclosures Market Overview

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Search By County

County	Median Est. Value
Fairfax County	$639,103 $368.00/sqft
Prince William County	$460,299 $278.00/sqft
Chesterfield County	$335,983 $187.00/sqft
Virginia Beach City County	$321,818 $205.50/sqft
Chesapeake City County	$300,627 $184.50/sqft
Henrico County	$300,083 $203.00/sqft
Norfolk City County	$250,902 $170.00/sqft
Newport News City County	$245,429 $155.50/sqft
Portsmouth City County	$244,970 $162.00/sqft
Hampton City County	$228,746 $168.50/sqft

There are 133 counties within Virginia; within these counties, the median estimated home value for homes in foreclosure ranges from $12,774,784 in Richmond City County to the lowest value of $27,032 in Smyth County. Foreclosure homes account for 0.07% of properties in Virginia with Fairfax County containing 145 foreclosures, the highest number of foreclosure properties in a single county.