Virginia Home Values & Market Trends
There have been 120,488 properties sold in the Virginia real estate market trends. Median home values in the Virginia housing market are $371,290.66. The median residential home value for transactions over the last 12 months is 349,612.789. The State of Virginia currently has 1,895 properties in foreclosure, 296 bank owned properties, and 1,599 headed for auction.
Virginia Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Fairfax | $ 765,900 $ 352/sqft | Botetourt | $ 391,962 $ 161/sqft |
| Loudoun | $ 702,208 $ 288/sqft | Cumberland | $ 251,457 $ 150/sqft |
| Prince William | $ 565,623 $ 232/sqft | Mathews | $ 278,376 $ 166/sqft |
| Chesterfield | $ 379,950 $ 190/sqft | Lee | $ 171,054 $ 110/sqft |
| Henrico | $ 374,900 $ 214/sqft | Brunswick | $ 165,740 $ 83/sqft |
| Spotsylvania | $ 427,916 $ 185/sqft | Buckingham | $ 284,975 $ 199/sqft |
| Stafford | $ 517,482 $ 203/sqft | Southampton | $ 285,000 $ 159/sqft |
| Arlington | $ 836,529 $ 479/sqft | Giles | $ 340,053 $ 142/sqft |
| Hanover | $ 478,330 $ 211/sqft | Madison | $ 428,061 $ 189/sqft |
| Albemarle | $ 558,242 $ 239/sqft | Patrick | $ 142,824 $ 91/sqft |
| Frederick | $ 415,350 $ 194/sqft | Russell | $ 159,900 $ 84/sqft |
| Rockingham | $ 383,268 $ 198/sqft | Amelia | $ 358,288 $ 203/sqft |
| Fauquier | $ 634,746 $ 258/sqft | Rappahannock | $ 597,849 $ 246/sqft |
| James City | $ 457,555 $ 210/sqft | Richmond | $ 261,748 $ 118/sqft |
| Louisa | $ 451,555 $ 230/sqft | Surry | $ 211,329 $ 130/sqft |
| Accomack | $ 327,250 $ 195/sqft | Essex | $ 297,495 $ 175/sqft |
| Montgomery | $ 390,915 $ 190/sqft | Nottoway | $ 224,753 $ 117/sqft |
| Isle Of Wight | $ 399,900 $ 184/sqft | Lunenburg | $ 206,961 $ 124/sqft |
| Bedford | $ 336,653 $ 177/sqft | Salem | $ 316,375 $ 154/sqft |
| Orange | $ 411,682 $ 190/sqft | King And Queen | $ 262,778 $ 162/sqft |
| Westmoreland | $ 315,000 $ 194/sqft | Charles City | $ 270,115 $ 220/sqft |
| Augusta | $ 358,247 $ 195/sqft | Buchanan | $ 91,849 $ 45/sqft |
| Mecklenburg | $ 259,510 $ 147/sqft | Radford | $ 228,187 $ 138/sqft |
| Culpeper | $ 494,174 $ 206/sqft | Sussex | $ 290,000 $ 175/sqft |
| Washington | $ 310,443 $ 137/sqft | Floyd | $ 288,444 $ 176/sqft |
| Gloucester | $ 371,845 $ 195/sqft | Dickenson | $ 117,450 $ 68/sqft |
| Shenandoah | $ 329,850 $ 189/sqft | Greensville | $ 155,683 $ 131/sqft |
| Franklin | $ 447,450 $ 198/sqft | Bland | $ 101,359 $ 89/sqft |
| Warren | $ 414,989 $ 224/sqft | Alleghany | $ 380,785 $ 133/sqft |
| Wythe | $ 196,502 $ 126/sqft | Charlotte | $ 277,000 $ 95/sqft |
| Page | $ 308,959 $ 189/sqft | King William | $ -- $ -- |
| York | $ 443,844 $ 197/sqft | Bath | $ 709,337 $ 123/sqft |
| Caroline | $ 324,856 $ 206/sqft | Highland | $ 165,000 $ 150/sqft |
| Roanoke | $ 359,950 $ 164/sqft | Craig | $ 569,272 $ 163/sqft |
| Henry | $ 114,937 $ 75/sqft | Covington | $ -- $ -- |
| Campbell | $ 262,387 $ 144/sqft | Fredericksburg | $ -- $ -- |
| Pulaski | $ 200,840 $ 119/sqft | Martinsville | $ -- $ -- |
| King George | $ 410,713 $ 196/sqft | Colonial Heights | $ -- $ -- |
| Greene | $ 368,639 $ 184/sqft | Buena Vista | $ -- $ -- |
| Fluvanna | $ 365,101 $ 195/sqft | Hopewell | $ -- $ -- |
| Northumberland | $ 349,752 $ 221/sqft | Waynesboro | $ -- $ -- |
| Tazewell | $ 180,430 $ 85/sqft | Hampton | $ -- $ -- |
| Halifax | $ 145,648 $ 107/sqft | Suffolk | $ -- $ -- |
| Prince George | $ 343,771 $ 194/sqft | Winchester | $ -- $ -- |
| Powhatan | $ 559,129 $ 212/sqft | Norfolk | $ -- $ -- |
| Bristol | $ 191,724 $ 105/sqft | Manassas | $ -- $ -- |
| Rockbridge | $ 395,687 $ 165/sqft | Virginia Beach | $ -- $ -- |
| Scott | $ 232,270 $ 124/sqft | Williamsburg | $ -- $ -- |
| Lancaster | $ 415,850 $ 201/sqft | Staunton | $ -- $ -- |
| Wise | $ 136,408 $ 79/sqft | Norton | $ -- $ -- |
| Carroll | $ 173,871 $ 129/sqft | Poquoson | $ -- $ -- |
| Goochland | $ 709,500 $ 240/sqft | Chesapeake | $ -- $ -- |
| Amherst | $ 279,220 $ 150/sqft | Galax | $ -- $ -- |
| Dinwiddie | $ 256,293 $ 169/sqft | Lexington | $ -- $ -- |
| New Kent | $ 401,579 $ 202/sqft | Petersburg | $ -- $ -- |
| Grayson | $ 244,410 $ 132/sqft | Alexandria | $ -- $ -- |
| Northampton | $ 573,574 $ 239/sqft | Portsmouth | $ -- $ -- |
| Smyth | $ 145,153 $ 81/sqft | Newport News | $ -- $ -- |
| Prince Edward | $ 258,694 $ 138/sqft | Lynchburg | $ -- $ -- |
| Appomattox | $ 291,248 $ 168/sqft | Harrisonburg | $ -- $ -- |
| Clarke | $ 502,711 $ 245/sqft | Charlottesville | $ -- $ -- |
| Pittsylvania | $ 169,745 $ 82/sqft | Falls Church | $ -- $ -- |
| Nelson | $ 418,073 $ 232/sqft | Danville | $ -- $ -- |
| Middlesex | $ 431,159 $ 200/sqft |
Housing Market Summary for Virginia
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $399.8K | $376.3K | -5.89% |
| Median Sold Price | $355.6K | $376.3K | 5.82% |
| Homes For Sale | 12,753 | 12,116 | -4.99% |
| Homes Sold | 59,517 | 61,262 | 2.93% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Virginia
Browse Homes in Virginia
There are currently 12,806 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 2,896,746, and the percentage of properties for sale is 12806.00%.
- Pre-ForeclosurePre-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 OwnedThe median estimated home value of bank owned homes (REO properties) in Virginia ranges from the highest value of $369,140 in Rappahannock to the lowest value of $34,769 in Prince Edward. Bank owned homes and properties account for 0.01% of properties in Virginia. There are 127 counties within Virginia; Tazewell containing 8 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsFairfax has 142 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 $4,315,267 in Powhatan to the lowest value of $14,428 in Powhatan.
Compare Nearby Cities
More Real Estate Resources for Virginia
Guide for Virginia
Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.
A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.
The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.
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.
