Metropolitan market · Virginia · September 2026 data

What is the Winchester, VA real estate market doing?

As of September 2026, the median home listed in Winchester, VA asks $440,750, down 5.4% year over year. Homes spend a median of 44 days on market, with 576 active listings and 24% carrying a price cut; pending contracts equal 40% of active listings, and inventory sits at 86% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 4.3%. Figures come from public records and industry data, updated monthly.

Median listing price
$440,750
▼ 5.4% YoY
Median $ / sq ft
$219
2,050 sq ft median
Median days on market
44
September 2026
Active listings
576
For sale now
New listings
232
September 2026
Listings with price cuts
24%
Share of active
Inventory vs 2019
86%
Same month, 2019 = 100
Pending / active
40%
Contract activity
Median sale price (closed)
$419,000
▲ 1.7% YoY · closed sales · July 2026
Sale-to-list ratio
98.7%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
207
Closed sales · July 2026, seasonally adjusted

What is the Winchester, VA housing market doing right now?

The Winchester, VA housing market lists at a $440,750 median as of September 2026, down 5.4% year over year, with a 44-day median market time and 576 homes for sale (24% with a price cut). Active inventory is 86% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 4.3%.

Winchester housing market statistics

The table summarizes Winchester's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Winchester.

Winchester, VA housing market at a glance — September 2026
MetricLatestDetail
Median listing price$440,750-5.4% YoY
Median price per sq ft$2192,050 sq ft median
Median days on market44+1% YoY
Active listings576+29% YoY
New listings this month232September 2026
Listings with a price cut24%Share of active
Median sale price (closed)$419,000+1.7% YoY · closed sales, July 2026
Sale-to-list ratio98.7%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio40.5%233 pending
Inventory vs 201986%Active listings vs same month in 2019
Gross rental yield4.3%2BR fair market rent

How have home prices changed in Winchester?

Winchester home prices are down 5.4% year over year and -1.6% month over month as of September 2026, at a $440,750 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$471K$462K$453K$444K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Winchester VA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$471K$428K$385K$341K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Winchester VA · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Winchester?

Winchester has 576 active listings, 232 new this month, 233 pending as of September 2026. About 24% of active listings have cut their price, and inventory sits at 86% of its 2019 level — a balanced market by pace.

Active listings
576
New this month
232
Pending
233
Price-reduced
139

Is Winchester a good real estate investment?

Winchester scores 50/100 on WealthyBud's composite Investor Score, ranking #450 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
50/100
#450 of 933 covered metros
12-month outlook
-2.4%
▼ Cooling · model output, not advice
Price volatility
High
σ 7.5% · 20-yr price-index swings
Momentum
23
Value
51
Rental yield
61
Supply risk
45
Market heat
72

Winchester scores 50/100 on our composite Investor Score (#450 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 49% over five years and +85% over ten, leaving prices 49% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,573/mo for a two-bedroom, the gross rental yield on the median listing is about 4.3%; active inventory sits at 86% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 5.4% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Winchester ranks on the trending markets index.

How much is a monthly mortgage payment in Winchester?

A home at Winchester's $440,750 median listing runs about $2,413 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$2,178/mo
−$235/mo vs today
At today's rate · 7.28%
$2,413/mo
National weekly average
If rates rise 1% · 8.28%
$2,656/mo
+$244/mo vs today

Principal & interest on the $440,750 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

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

To buy Winchester’s $440,750 median listing with 20% down, a household needs about $111,000 a year in gross income, keeping principal, interest and property tax ($2,600/mo) at 28% of income. That is 1.4× the area’s $82,413 median household income, so a typical Winchester household cannot afford the median listing on these terms.

Income needed to buy the median home in Winchester, VA — September 2026
ItemAmountBasis
Median listing price$440,750September 2026
Down payment (20%)$88,150Assumption
Principal & interest (7.28%, 30-yr fixed)$2,413/moRate as of 2026-10-01
Property tax (0.51% effective rate)$187/moCensus ACS
Income needed (28% rule)$111,000Gross household income / yr
Median household income$82,413Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Winchester housing market?

Longer-run demand in Winchester shows up in 902 homes permitted in 2025; net migration of +1,603 residents; -1.3% job growth. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
902
▼ 17.0% vs 2024
6.2 per 1,000 residents
Net migration (2022–2023)
+1,603
▲ people, via tax-return records
net income flow +$88.8M/yr
Job growth (YoY)
-1.3%
▼ 70.5k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Winchester housing market FAQ

What is the median home price in Winchester?
As of September 2026, the median listing price in Winchester, VA is $440,750, down 5.4% year over year (source: public records and industry data). Figures cover the Winchester, VA-WV metro area.
How much does it cost to buy a home in Winchester?
The median home listed in Winchester asks $440,750 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,413 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Winchester?
The median property in Winchester spends 44 days on the market, with 576 homes actively listed and 24% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Winchester?
With a median 44 days on market and 24% of active listings carrying a price cut, pending contracts at 40% of active listings, Winchester reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Winchester a good place to invest in real estate?
Winchester scores 50/100 on WealthyBud's Investor Score, ranking #450 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Winchester?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Winchester and the wider Virginia market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Winchester, VA-WV metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Virginia housing markets

Diego Alvarez-Cruz Rental Market Analyst

Diego Alvarez-Cruz is a rental market analyst who covers rent growth, vacancy rates and landlord economics across major U.S. metros. He builds his analysis from public rental-listing indexes and Census housing surveys, focusing on year-over-year rent trends.

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.