State housing market · September 2026 data

Virginia housing market

Across the 13 Virginia markets WealthyBud tracks, the midpoint median listing price is $417,500 as of September 2026, and 6 of 13 are priced below a year ago. Northern Virginia is the most expensive ($572,150) and Martinsville the least ($224,950).

Midpoint median list price
$417,500
13 markets
Markets down YoY
6/13
September 2026
Active listings
31,634
Tracked markets
30-yr mortgage rate
7.28%
2026-10-01

What are home prices in each Virginia market?

The table lists every Virginia market WealthyBud tracks with its median listing price, year-over-year change, days on market, active listings, price-to-income ratio and the income needed to buy the median home. Select a market for its full report.

Virginia housing markets — September 2026
MarketMedian list priceYoYDays on marketActivePrice-to-incomeIncome needed
Northern Virginia$572,150-4.6%4316,5794.6$153,000
Virginia Beach$429,950+4.9%445,7605.3$114,000
Richmond$439,925+2.3%443,4725.2$115,000
Roanoke$374,975+4.2%641,2235.6$99,000
Charlottesville$527,548-12.0%601,0145.8$137,000
Lynchburg$349,9230.0%581,0025.2$89,000
Winchester$440,750-5.4%445765.3$111,000
Blacksburg$352,000+0.9%655065.5$91,000
Staunton$377,000-2.6%454225.3$96,000
Danville$252,500+9.8%863725.2$65,000
Lake of the Woods$439,450-5.5%532714.7$113,000
Harrisonburg$417,500+5.3%532385.8$107,000
Martinsville$224,950-0.4%701994.8$57,000

Are home prices rising or falling in Virginia?

Danville posted the biggest year-over-year change in Virginia (+9.8%) and Charlottesville the weakest (-12.0%). The midpoint change across the state's tracked markets is 0.0%, with 31,634 homes actively listed.

How much income do you need to buy a home in Virginia?

Buying the median listing with 20% down at the current 7.28% rate takes about $57,000 a year in Martinsville and $153,000 in Northern Virginia, keeping principal, interest and property tax at 28% of income.

Virginia housing market FAQ

What is the median home price in Virginia?
Across WealthyBud's 13 tracked Virginia markets, median listing prices have a midpoint of $417,500 as of September 2026, from $224,950 in Martinsville to $572,150 in Northern Virginia.
Are home prices falling in Virginia?
6 of 13 tracked Virginia markets have median listing prices below a year ago as of September 2026. The weakest is Charlottesville at -12.0%.
What is the most expensive housing market in Virginia?
Northern Virginia has the highest median listing price among tracked Virginia markets at $572,150 (September 2026).
How much income do you need to buy a home in Virginia?
Buying the median listing with 20% down at the current 7.28% rate takes about $57,000 a year in Martinsville and $153,000 in Northern Virginia, keeping principal, interest and property tax at 28% of income. Insurance, HOA and PMI are excluded.

Working in Virginia real estate? See Virginia agent salary (BLS median $63,980) and how to get licensed. Compare states on the state hub index or see where prices are falling nationwide.

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.