Virginia Housing Market Report
As of 2026-02-28, the average home price across Virginia's tracked cities is $451,463, up 0.7% year over year. The fastest-moving market is Virginia Beach (+3.2% YoY). 35 cities tracked.
City Comparison
| City | Median Home Price | YoY Change | ZIP Codes |
|---|---|---|---|
| Vienna | $1,131,650 | — | 3 |
| Arlington | $803,585 | +0.7% | 10 |
| Fairfax | $778,726 | -0.3% | 4 |
| Falls Church | $745,271 | -0.3% | 5 |
| Alexandria | $736,841 | +0.7% | 8 |
| Springfield | $700,941 | -0.9% | 4 |
| Sterling | $649,120 | — | 3 |
| Reston | $644,415 | -1.2% | 3 |
| Manassas | $551,863 | +0.9% | 4 |
| Midlothian | $527,264 | +2.5% | 3 |
| Charlottesville | $507,121 | +0.6% | 4 |
| Woodbridge | $501,919 | +0.2% | 3 |
| Fredericksburg | $474,173 | +0.9% | 7 |
| Virginia Beach | $467,647 | +3.2% | 9 |
| Yorktown | $446,254 | +1.4% | 3 |
| Chesterfield | $425,541 | +2.1% | 3 |
| Suffolk | $416,910 | +2% | 7 |
| Aroda | $400,986 | +0.7% | 4 |
| Henrico | $399,606 | +1.7% | 7 |
| Winchester | $395,953 | +2% | 3 |
| Richmond | $393,204 | +0.9% | 10 |
| Chesapeake | $387,612 | +2.4% | 6 |
| Gloucester | $357,142 | +0.1% | 3 |
| Aylett | $324,612 | +2.9% | 3 |
| Norfolk | $317,794 | +0.3% | 12 |
| Newport News | $274,494 | +0.9% | 7 |
| Hampton | $266,812 | -2.1% | 5 |
| Bremo Bluff | $263,241 | -2.7% | 3 |
| Lynchburg | $255,409 | +0.9% | 5 |
| Portsmouth | $251,624 | -0.9% | 5 |
| Roanoke | $244,954 | +2.6% | 8 |
| Farmville | $230,222 | +2.4% | 3 |
| Bristol | $208,526 | +2.5% | 3 |
| Brodnax | $197,216 | -0.3% | 3 |
| Covington | $122,566 | -1.9% | 3 |
City Reports
Roanoke Home Prices: $245K, Up 2.7% — 8 ZIPs Analyzed (2026)
Roanoke home prices rose 2.7% to $245K. See all 8 ZIPs ranked, rent vs buy math, and whether the slow climb continues in 2026.
Falls Church Home Prices: $745K, Down 0.5% — 5 ZIPs Analyzed (2026)
Falls Church homes hit $745K, down 0.5% YoY. See the 5 ZIPs ranked by price, rent vs buy math, and what the 12-month trend says about 2026.
Chesterfield Home Prices: $426K, Up 2% — 3 ZIPs Analyzed (2026)
Chesterfield home prices climbed 2% to $426K. See which ZIP hits $553K, where you can buy under $320K, and full rent vs buy math for 2026.
Sterling Home Prices: $649K, Down 0.1% — 3 ZIPs Analyzed (2026)
Sterling VA home prices sit at $649K, essentially flat year over year. See which of 3 ZIPs is cheapest and whether renting beats buying in 2026.
Newport News Home Prices: $274K, Up 0.9% — 7 ZIPs Analyzed (2026)
Newport News median hit $274K, up 0.9% YoY. See which ZIPs are cheapest, rent vs buy math, and the full 7-neighborhood breakdown for 2026.
Richmond Home Prices: $393K, Up 0.8% — 10 ZIPs Analyzed (2026)
Richmond's median home is $393K, up 0.8% year over year. Compare all 10 ZIP codes, see the cheapest neighborhoods, and check rent vs buy math for 2026.
Lynchburg Home Prices: $255K, Up 1% — 5 ZIPs Analyzed (2026)
Lynchburg home prices climbed 1% to $255K. See which ZIPs are cheapest, how rent compares to buying, and the 2026 outlook across 5 neighborhoods.
Charlottesville Home Prices: $507K, Up 0.6% — 4 ZIPs Analyzed (2026)
Charlottesville home prices rose 0.6% to $507K median in 2026. Which of 4 ZIPs is cheapest? Full rent vs buy math plus 2020-2024 population data.
Alexandria Home Prices: $737K, Up 0.6% — 8 ZIPs Analyzed (2026)
Can you still buy in Alexandria? $737K median, up 0.6%. See which ZIPs top $1M, where to find deals under $450K, and rent vs buy math for 2026.
Manassas Home Prices: $552K, Up 0.9% — 4 ZIPs Analyzed (2026)
Can you afford Manassas? $552K median, up 0.9%. See which ZIP starts at $452K, rent vs buy math, and the full 2026 breakdown.
Suffolk Home Prices: $417K, Up 2% — 7 ZIPs Analyzed (2026)
Can you afford Suffolk, VA? Median home price is $417K, up 2% year over year. See all 7 ZIP codes ranked by price, rent data, and population trends.
Hampton Home Prices: $267K, Down 1.7% — 5 ZIPs Analyzed (2026)
Can you still find a deal in Hampton? $267K median, down 1.7%. See which ZIPs are cheapest, rent vs buy math, and the full 2026 market breakdown.
Henrico Home Prices: $400K, Up 1.6% — 7 ZIPs Analyzed (2026)
Can you still buy under $300K in Henrico? Median sits at $400K, up 1.6%. See all 7 ZIP codes ranked by price, rent data, and where deals remain in 2026.
Midlothian Home Prices: $527K, Up 2.3% — 3 ZIPs Analyzed (2026)
Can you afford Midlothian? $527K median, up 2.3%. See which ZIP codes cost $427K vs $695K, rent comparisons, and where prices are heading in 2026.
Arlington Home Prices: $804K, Up 0.5% — 10 ZIPs Analyzed (2026)
Can you afford Arlington, VA? $804K median, up 0.5%. See which ZIPs top $1.3M, where to find deals under $440K, and full rent-vs-buy math for 2026.
Fairfax Home Prices: $779K, Down 0.5% — 4 ZIPs Analyzed (2026)
Can you afford Fairfax? Median home at $779K, down 0.5% YoY. See which ZIP tops $842K, where to find $702K, and how rent compares in 2026.
Fredericksburg Home Prices: $474K, Up 0.8% — 7 ZIPs Analyzed (2026)
Can you still buy in Fredericksburg for under $500K? $474K median, up 0.8%. See which ZIPs are cheapest, rent vs buy math, and the full 2026 breakdown.
Chesapeake Home Prices: $388K, Up 2.4% — 6 ZIPs Analyzed (2026)
Can you still find a deal in Chesapeake? $388K median, up 2.4%. See which ZIPs are cheapest, rent vs buy math, and full 2026 market breakdown.
Woodbridge Home Prices: $502K, Up 0.3% — 3 ZIPs Analyzed (2026)
Woodbridge prices rose 0.3% to $502K. Which ZIPs are cheapest? Full breakdown of 3 neighborhoods, rent data, and 2026 outlook.
Virginia Beach Home Prices: $468K, Up 3.2% — 9 ZIPs Analyzed (2026)
Virginia Beach prices rose 3.2% to $468K. Which ZIPs are cheapest? Full breakdown of 9 neighborhoods, rent data, and 2026 outlook.