2026 Market Report & Data · Data through May 2026 · Source: Redfin
$499K
Median Price
28
Days on Market
2.3
Months Supply
+3.0%
YoY Change
Seller's Market
Market Type
28
cities with 6+ months supply
69
cities with 3-6 months supply
281
cities with <3 months supply
Ranked by lowest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Pocahontas | $12K | 155d |
| 2. Pound | $13K | 23d |
| 3. Mechanicsburg | $15K | 114d |
| 4. Abbs Valley | $19K | 29d |
| 5. Jewell Ridge | $22K | 69d |
| 6. Appalachia | $24K | 41d |
| 7. Columbia | $30K | 27d |
| 8. Riverview | $45K | 15d |
| 9. Stonega | $45K | 17d |
| 10. Duffield | $53K | 2d |
Ranked by highest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Rectortown | $5.50M | 348d |
| 2. McLean | $1.96M | 26d |
| 3. Great Falls | $1.73M | 42d |
| 4. Great Falls Crossing | $1.70M | 6d |
| 5. Vienna | $1.69M | 8d |
| 6. Wolf Trap | $1.52M | 6d |
| 7. Difficult Run | $1.45M | 5d |
| 8. Braddock | $1.32M | 4d |
| 9. Mantua | $1.25M | 5d |
| 10. Union Mill | $1.25M | 30d |
28 cities have more than 6 months of inventory — buyers can negotiate.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Union Hall | 22.0 mo | $850K | 162d |
| 2. Norton | 18.0 mo | $200K | 60d |
| 3. Wise | 18.0 mo | $79K | 37d |
| 4. Gloucester Courthouse | 15.0 mo | $433K | 18d |
| 5. Nellysford | 15.0 mo | $425K | 15d |
| 6. Appalachia | 14.0 mo | $24K | 41d |
| 7. Gate City | 14.0 mo | $185K | 90d |
| 8. Lake Wilderness | 13.0 mo | $390K | 32d |
| 9. Pearisburg | 11.0 mo | $123K | 7d |
| 10. Central Garage | 10.0 mo | $269K | 10d |
281 cities have less than 3 months of inventory — sellers have the advantage.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Dayton | 0.3 mo | $385K | 42d |
| 2. Loch Lomond | 0.3 mo | $553K | 24d |
| 3. Timberville | 0.3 mo | $318K | 44d |
| 4. Bellwood | 0.4 mo | $338K | 5d |
| 5. Crosspointe | 0.4 mo | $1.12M | 28d |
| 6. Meadowbrook | 0.4 mo | $358K | 15d |
| 7. South Run | 0.4 mo | $1.09M | 8d |
| 8. Bon Air | 0.5 mo | $432K | 7d |
| 9. Braddock | 0.5 mo | $1.32M | 4d |
| 10. Chamberlayne | 0.5 mo | $401K | 24d |
Cities where homes sell fastest, ranked by lowest median days on market.
| City | Days on Market | Median Price |
|---|---|---|
| 1. University Center | 1d | $430K |
| 2. Disputanta | 2d | $247K |
| 3. Duffield | 2d | $53K |
| 4. Glen Lyn | 2d | $215K |
| 5. Long Branch | 2d | $1.08M |
| 6. Merrimac | 2d | $285K |
| 7. Paris | 2d | $789K |
| 8. Rustburg | 2d | $290K |
| 9. Belview | 3d | $200K |
| 10. Eggleston | 3d | $165K |
Cities with the largest year-over-year price gains. Appreciation can signal momentum, but also affordability pressure.
| City | YoY Change | Median Price |
|---|---|---|
| 1. Seven Corners | +98.6% | $550K |
| 2. Belle Haven | +71.2% | $855K |
| 3. Danville | +51.2% | $195K |
| 4. Cascades | +39.6% | $908K |
| 5. Sandston | +35.3% | $345K |
| 6. Hutchison | +35.0% | $675K |
| 7. Newington | +35.0% | $810K |
| 8. Braddock | +33.2% | $1.32M |
| 9. Culpeper | +31.0% | $517K |
| 10. Innsbrook | +30.6% | $559K |
Cities with year-over-year price declines. These can be buying opportunities — or signals of softening demand.
| City | YoY Change | Median Price |
|---|---|---|
| 1. Abingdon | -40.8% | $244K |
| 2. Rivanna | -39.0% | $740K |
| 3. Altavista | -36.4% | $132K |
| 4. Broadlands | -29.6% | $780K |
| 5. North Shore | -29.0% | $624K |
| 6. Radford | -26.9% | $232K |
| 7. Loudoun Valley Estates | -25.1% | $624K |
| 8. Bailey's Crossroads | -24.4% | $340K |
| 9. Triangle | -24.0% | $478K |
| 10. Lorton | -22.9% | $538K |
The Virginia housing market currently shows seller's market conditions, with a median sale price of $499K and 2.3 months of inventory supply. Homes in Virginia typically sell in 28 days.
Whether you're buying or selling in Virginia, working with a local real estate agent who understands these market dynamics can help you achieve the best outcome. Our network of verified agents across Virginia provides expert guidance tailored to your specific city and neighborhood.
Virginia is currently classified as a seller's market based on months of supply data. Low inventory gives sellers an advantage with faster sales and less price negotiation. Market conditions vary by city, so check local data for your specific area.
The median home price in Virginia is approximately $499K as of May 2026. Prices range significantly across the state, with Rectortown among the most expensive areas and Pocahontas offering more affordable options. Work with a local real estate agent for the most current pricing in your target neighborhoods.
Selling timelines in Virginia vary by city and market conditions. The fastest-selling markets include University Center with a median of 1 days on market. Factors like pricing strategy, home condition, location, and seasonality all affect how quickly a home sells. A skilled listing agent can help price and market your home for a faster sale.
Whether to buy in Virginia depends on your personal finances, timeline, and target market. The competitive market means acting quickly and being prepared with financing. Consider factors like mortgage rates, your job stability, how long you plan to stay, and local price trends. Consult with a local real estate agent who can advise on specific neighborhoods.
Start by researching agents with proven experience in your target Virginia market. Look for agents with strong local transaction history, positive client reviews, and expertise in your price range. Interview at least 2-3 agents before choosing. Ask about their recent sales, marketing strategy, and communication style. Our directory features verified agents across Virginia to help you find the right match.
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