Winchester housing market
Typical home value
$385K
▲ 1.4% 1 yr
Typical rent
$1,825/mo
▲ 1.7% 1 yr
12-month forecast
+2.3%
#233 of 546 metros
Gross rent yield
5.7%
#307 of 546 · U.S. 6.3%
Days to pending
45 days
▲ +7 days 1 yr
Listings with a price cut
32%
▲ +2.0 pts 1 yr
Key takeaways
- 1The typical home is worth $384,629, up 1.4% in a year and up 22% over five years.
- 2Zillow forecasts home values rising 2.3% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,825/mo (+1.7% YoY), a 5.7% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $2,114/mo in principal and interest, $289 more than renting.
- 5Homes go under contract in 45 days (+7 days vs last year); 32% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 42/100, #252 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Winchester compares
| Measure | Winchester | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +1.4% | +1.2% | #336 |
| Home value, 5-yr change | +22.2% | +19.7% | |
| 12-month forecast | +2.3% | +1.1% | #233 |
| Rent, 1-yr change | +1.7% | +2.7% | #432 |
| Gross rent yield | 5.7% | 6.3% | #307 |
| Price-to-rent ratio | 17.6 | 15.8 | |
| Mortgage P&I on typical home | $2,114 | $2,012 | |
| Income needed to buy | $99,185 | $100,902 | |
| Days to pending | 45 | 56 |
Cities in the Winchester metro
1 cities with home value and rent data.
| Winchester | $399K | ▲ 1.0% | $1,768 | ▲ 2.4% | 5.3% |
Run the numbers
Rental property calculator
Cash flow on a typical Winchester rental ($385K, $1,825/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Winchester home.
Rent vs buy
Is it cheaper to rent or buy in Winchester?
Other Virginia metros
Washington, DC
$570K home$2,407 rent5.1% yield
▲ 0.2% 1 yr
Virginia Beach, VA
$371K home$1,886 rent6.1% yield
▲ 2.9% 1 yr
Richmond, VA
$392K home$1,706 rent5.2% yield
▲ 2.6% 1 yr
Roanoke, VA
$298K home$1,400 rent5.6% yield
▲ 3.2% 1 yr
Lynchburg, VA
$288K home$1,288 rent5.4% yield
▲ 2.9% 1 yr
Charlottesville, VA
$464K home$2,040 rent5.3% yield
▲ 1.3% 1 yr
Blacksburg, VA
$287K home$1,659 rent6.9% yield
▲ 3.3% 1 yr
Harrisonburg, VA
$350K home$1,691 rent5.8% yield
▲ 2.6% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.