Henry County, VA Home Values & Market Trends

The median home price in Henry County, VA is $117,297.46. There were 710 home sales in Henry County, VA over the past 12 months. The median residential Henry County, VA home value for transactions over the previous year is $100,000. The number of current listings in Henry County, VA is 67, and the percentage of properties for sale is 67.00%. The county has 14 foreclosures, 4 bank owned properties, 10 headed for auction, and 67 properties for sale.

Henry County, VA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Bassett

$ 100,852

$ 67/sqft

Axton

$ 35,202

$ 31/sqft

Collinsville

$ 165,000

$ 84/sqft

Stanleytown

$ 237,817

$ 90/sqft

Ridgeway

$ 80,718

$ 69/sqft

Spencer

$ 52,234

$ 65/sqft

Fieldale

$ 69,344

$ 80/sqft

Housing Market Summary for Henry County, VA

Apr 2023March 2024Change
Median Listing Price$156.5K$107.2K-31.51%
Median Sold Price$114.5K$107.2K-6.43%
Homes For Sale60611.67%
Homes Sold425421-0.94%
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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 Henry County, VA

Henry County, VA home values range from $13,840 to $1,602,056. Stanleytown is the priciest city with a median listing home price of $309,900, and Spencer is most affordable with average house prices of around $50,000.

Foreclosure
There are 7 cities within Henry County, VA; within these cities, the median estimated home value for homes in foreclosure ranges from $162,184 in Axton to the lowest value of $46,474 in Axton. Foreclosure homes account for 0.00% of properties in Henry County, VA with Bassett containing 6 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Henry County, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Henry County, VA; of those cities, 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 Henry County, VA ranges from the highest value of $46,474 in Bassett to the lowest value of $46,474 in Axton. Bank owned homes and properties account for 0.02% of properties in Henry County, VA. There are 7 cities within Henry County, VA; Axton containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Bassett has 5 auction properties, the highest number of properties going to auction in a single city in the state of Henry County, VA. Auction homes and other auction properties account for 0.05% of all properties in Henry County, VA. There are 7 cities within Henry County, VA; of those cities, the median estimated home value for homes going to auction ranges from $106,129 in Axton to the lowest value of $57,825 in Axton.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in Henry County, VA with Bassett containing 12 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Henry County, VA; homes for sale in those cities, have a range of median values from $237,817 in Stanleytown to the lowest value of $25,234 in Ridgeway.
    Sold Homes
    The median value for recently sold homes ranges from $67,895 in Stanleytown to the lowest price of $15,020 in Stanleytown. There are 7 cities within Henry County, VA. Bassett has 102 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.05% of properties in Henry County, VA.

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      Guide for Henry County, VA

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      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
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      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.