Market statistics · Live · updated November 5, 2026

Virginia housing market statistics

Virginia housing market statistics for October 2026: median list price, homes for sale, days on market, price cuts and the monthly payment on a typical home, statewide and for every Virginia metro, side by side with the U.S. Pulled from the publishers every day and free to quote with a link.

Virginia median list price$450,000flat 0.0% vs a year earlier
Homes for sale27,086up 25.6% vs a year earlier
Median days on market50up 11.1% vs a year earlier
Listings with a price cut22.1%October 2026
30-year fixed rate7.24%week of October 29, 2026

Jump to: Virginia metros · vs. the U.S. · What's different in Virginia · Charts

Key takeaways

The Virginia housing market in October 2026

  • Virginia's median list price was $450,000 in October 2026, flat from a year earlier, the 21st highest of the 50 states and D.C.
  • 27,086 homes were for sale, 25.6% more than a year earlier and 11.4% below the same month in 2019. That inventory change ranks 2nd of 51.
  • The typical listing sat 50 days (U.S.: 63), and 22.1% of listings had a price cut (U.S.: 20.5%).
  • In the Washington-Arlington-Alexandria, DC-VA-MD-WV metro, the state's largest by households, the median list price was $570,000 (down 4.1%) with 17,044 homes for sale.
  • Principal and interest on Virginia's median-priced listing, 20% down at Freddie Mac's 7.24%, is about $2,453 a month (U.S. median: $2,263).
  • On the FHFA house price index, Virginia home values were up 3.8% over the year to the quarter starting April 2026.

Metros

Virginia metro housing statistics, October 2026

Every Virginia metro area in Realtor.com's data, largest first. Tap a column to sort. The small line is the change from a year earlier.

Washington-Arlington-Alexandria, DC-VA-MD-WV$570,000−4.1%$29917,044+19.1%4322.4%
Virginia Beach-Chesapeake-Norfolk, VA-NC$425,000+4.4%$2225,900+19.7%4523.1%
Richmond, VA$435,000+1.4%$2263,697+24.9%4420.6%
Kingsport-Bristol, TN-VA$335,000+1.7%$1771,235+19.7%6623.8%
Roanoke, VA$369,950+3.5%$1911,344+36.4%5928.5%
Lynchburg, VA$349,900−1.1%$1931,072+20.9%5921.9%
Charlottesville, VA$525,000−9.9%$2591,106+40.0%5916.3%
Blacksburg-Christiansburg-Radford, VA$350,000+0.6%$190527+32.7%6524.5%
Winchester, VA-WV$424,990−5.6%$213605+32.4%5026.9%
Staunton-Stuarts Draft, VA$372,000−0.8%$201389+29.7%5320.5%
Harrisonburg, VA$414,950+3.2%$209245+7.9%5116.7%
Danville, VA$249,900+16.2%$149385+36.5%8815.6%
Bluefield, WV-VA$205,000+1.9%$120277+42.1%6721.5%
Martinsville, VA$215,000+1.8%$128208+15.6%6825.3%
Lake of the Woods, VA$439,950−3.8%$225250+16.3%6517.5%

Metro areas are the Census Bureau's core-based statistical areas; a metro that crosses a state line is listed in each state it covers.

Side by side

Virginia vs. the U.S.

October 2026VirginiaU.S.Rank of 51
Median list price$450,000$415,00021st
Price per sq ft$232$222–
Homes for sale27,0861,183,52014th
Inventory change, 1 yr+25.6%+7.4%2nd
Median days on market506341st
Price cut share22.1%20.5%13th
Pending ratio0.320.32–

Rank of the 50 states and D.C., 1 = highest. Pending ratio = pending listings divided by active listings.

Affordability

The monthly payment on a median-priced Virginia home

$2,453 a month

Principal and interest on $450,000, 20% down, 30-year fixed at 7.24%. A year earlier, the same math came to $2,197: $256 a month more now. On the U.S. median listing it is $2,263.

Taxes, insurance, HOA dues and mortgage insurance are extra; in Virginia they can change the real monthly cost a lot from one county to the next. A Total Cost of Ownership report adds them for a specific home.

Local knowledge

What's different about buying and selling in Virginia

Buyer-chosen settlement agents, a buyer-beware disclosure and layered recording taxes. What Virginia clients should know.

  • The buyer chooses the settlement agent

    Under Virginia's Real Estate Settlement Agents Act, a settlement agent can be an attorney, title company, title agent, broker or bank, and the buyer or borrower has the right to choose. A seller can't require a particular settlement agent.

  • Recordation tax plus a seller-paid grantor tax

    The state recordation tax is 25 cents per $100, and localities may add a third of that. The seller separately pays a grantor tax of 50 cents per $500, plus 10 cents per $100 more in Northern Virginia Transportation Authority localities. Who pays the recordation tax is set in the contract.

  • A buyer-beware disclosure

    The seller gives a disclosure statement saying the owner makes no representations about condition and the buyer should do their own due diligence (inspections, flood risk, zoning, surveys). If it arrives after ratification, the buyer can cancel within 3 days (5 if mailed). From January 1, 2027 it adds a land-use roll-back tax warning.

  • Income tax tops out at 5.75%

    Virginia's income tax rates run from 2% to 5.75% on income over $17,000, brackets unchanged since 1990.

General information for agents, checked against the sources below on October 23, 2026. It is not legal or tax advice; rules change, so confirm details for a specific transaction with the right professional.

Questions

Virginia housing questions, answered with today's numbers

What is the median home price in Virginia?

The median list price in Virginia was $450,000 in October 2026, per Realtor.com. That is the asking price of the middle listing; closed-sale medians come from the MLS or county records.

How many homes are for sale in Virginia?

27,086 active listings in October 2026, 11.4% below the same month in 2019.

Is Virginia a buyer's or seller's market?

Statewide, listings took a median 50 days and 22.1% had a price cut in October 2026. Markets differ a lot by metro and price range; the metro table on this page shows each one, and an Area Market Report shows one neighborhood.

What is the monthly payment on a median-priced home in Virginia?

About $2,453 a month for principal and interest on $450,000 with 20% down at 7.24%. Property taxes, insurance and HOA dues are extra and vary widely across Virginia.

Free to quote. Use any number on this page with its month and source, and link to agentcos.com/market-statistics/virginia/.

Want this for one neighborhood?

These are statewide and metro listing numbers. An Area Market Report gives you 12 months of closed sales for one subdivision, neighborhood or ZIP, built from your MLS export, with your logo on it.

Order an Area Market Report

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Sources

  • Realtor.com Economic Research, Residential Real Estate Data, state and metro monthly files (median list price, price per square foot, active and pending listings, days on market, price-reduced share). realtor.com/research/data
  • Freddie Mac, Primary Mortgage Market Survey, weekly. freddiemac.com/pmms
  • Federal Housing Finance Agency, House Price Index for Virginia (all transactions), quarterly, through FRED. fred.stlouisfed.org
  • Code of Virginia, “55.1-1006. Choice of settlement agent,” accessed October 23, 2026. law.lis.virginia.gov
  • Code of Virginia, “58.1-802. Additional tax paid by grantor,” accessed October 23, 2026. law.lis.virginia.gov
  • Code of Virginia, “55.1-703. Required disclosures for buyer to beware,” accessed October 23, 2026. law.lis.virginia.gov
  • Code of Virginia, “58.1-320. Imposition of tax,” accessed October 23, 2026. law.lis.virginia.gov

Listing numbers describe asking prices and inventory, not closed sales. The page refreshes from the publishers at least twice a day; each publisher updates on its own schedule.

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