Virginia housing market

12 metros58 citiesData through Sep 2026
Typical home value
$412K
▲ 2.1% 1 yr
5-year change
+23%
U.S. +20%
Median city rent
$2,084/mo
58 cities
Unemployment rate
3.6%
Median household income
$100K
2025

Key takeaways

  • 1The typical home in Virginia is worth $412,252, up 2.1% in a year and up 23% over five years. That's the #19 most expensive of 51.
  • 2Across 58 cities with rent data, median typical rent is $2,084/mo, roughly a 6.1% gross yield on the typical home.
  • 3Median household income was $100,000 in 2025, so the typical home costs 4.1× income.
  • 4Unemployment is 3.6% (+0.2 pts in a year).

Home values

Typical home value, Virginia
Latest $412K
$259K$306K$354K$402K2016201920222025

Source: Zillow Research (ZHVI, ZORI and market activity data).

FHFA house price index
Latest 781
45455565775820172019202120232025

Source: FRED, Federal Reserve Bank of St. Louis. Quarterly, all-transactions index.

Unemployment rate, Virginia
Latest 3.60%
3.11%5.84%8.56%11.29%201620182020202220242026

Source: FRED, Federal Reserve Bank of St. Louis.

Virginia metro areas

Virginia cities

58 cities, largest first. Click a column to sort.

58 cities
Virginia Beach$425K▲ 3.1%$2,098▲ 7.8%5.9%
Richmond$362K▲ 2.8%$1,628▲ 2.6%5.4%
Chesapeake$424K▲ 3.6%$2,063▲ 6.3%5.8%
Arlington$802K▲ 1.3%$2,680▲ 1.2%4.0%
Norfolk$311K▲ 1.5%$1,749▲ 7.0%6.8%
Woodbridge$497K▲ 0.3%$2,174▲ 0.7%5.3%
Alexandria$663K▲ 1.0%$2,275▼ 0.7%4.1%
Henrico$405K▲ 1.9%$1,722▲ 1.5%5.1%
Fredericksburg$479K▲ 0.9%$2,061▲ 3.7%5.2%
Newport News$292K▲ 2.9%$1,593▲ 7.5%6.5%
Roanoke$278K▲ 2.3%$1,368▲ 3.4%5.9%
Fairfax$775K▲ 1.4%$2,456▲ 0.6%3.8%
Manassas$547K▲ 0.8%$2,135▲ 2.2%4.7%
Hampton$279K▲ 2.5%$1,690▲ 7.2%7.3%
Charlottesville$511K▲ 1.1%$2,029▲ 1.2%4.8%
Falls Church$768K▲ 1.3%$2,534▲ 1.4%4.0%
Ashburn$796K▲ 0.5%$2,934▲ 0.3%4.4%
Springfield$695K▲ 1.3%$3,052▲ 5.1%5.3%
Midlothian$469K▲ 2.5%$2,028▲ 3.6%5.2%
Lynchburg$264K▲ 0.7%$1,270▲ 2.6%5.8%
Portsmouth$267K▲ 2.5%$1,642▲ 5.7%7.4%
Williamsburg$469K▲ 2.1%$2,094▲ 5.9%5.4%
Sterling$629K▲ 1.1%$2,560▲ 2.0%4.9%
Suffolk$387K▲ 2.8%$2,028▲ 6.8%6.3%
Herndon$722K▲ 0.8%$2,382▲ 1.0%4.0%
Leesburg$849K▲ 2.7%$2,431▲ 3.7%3.4%
Stafford$547K▲ 0.3%$2,436▲ 0.2%5.3%
Chesterfield$413K▲ 2.5%$2,178▲ 5.3%6.3%
Winchester$399K▲ 1.0%$1,768▲ 2.4%5.3%
Glen Allen$513K▲ 1.4%$2,022▲ 1.8%4.7%
Harrisonburg$352K▲ 2.9%$1,720▲ 7.6%5.9%
Centreville$615K▲ 0.8%$2,396■ 0.0%4.7%
Vienna$1.16M▲ 2.6%$3,320▲ 2.4%3.4%
Reston$622K▲ 0.5%$2,589▲ 2.0%5.0%
Chantilly$799K▲ 0.8%$3,108▲ 3.1%4.7%
Petersburg$249K▲ 2.9%$1,373▲ 3.7%6.6%
Danville$156K▼ 0.2%$1,143▲ 5.7%8.8%
Annandale$743K▲ 1.8%$2,482▼ 0.7%4.0%
McLean$1.45M▲ 3.1%$2,732▲ 2.9%2.3%
Blacksburg$413K▲ 1.8%$1,910▲ 4.3%5.6%
Chester$391K▲ 2.2%$1,829▲ 1.9%5.6%
Yorktown$480K▲ 2.6%$2,049▲ 3.6%5.1%
Burke$719K▲ 1.3%$3,003▲ 2.7%5.0%
Salem$309K▲ 3.8%$1,574▲ 0.1%6.1%
Lorton$647K▲ 1.1%$2,562▲ 0.8%4.8%
Spotsylvania$438K▲ 0.9%$1,919▲ 9.0%5.3%
Gainesville$751K▲ 1.8%$3,021▲ 3.9%4.8%
Staunton$315K▲ 4.8%$1,473▲ 3.7%5.6%
Mount Vernon$580K▲ 0.9%$2,402▲ 1.5%5.0%
Dumfries$586K▲ 0.8%$2,901▲ 5.3%5.9%
Waynesboro$317K▲ 2.8%$1,398▲ 7.9%5.3%
Hopewell$232K▲ 2.3%$1,322▼ 1.2%6.8%
Colonial Heights$296K▲ 1.2%$1,665▲ 0.8%6.8%
Christiansburg$304K▲ 2.4%$1,553▲ 5.0%6.1%
Manassas Park$457K▲ 1.6%$2,115▲ 1.6%5.6%
Lincolnia$693K▲ 0.8%$2,231▲ 3.4%3.9%
Huntington$442K▼ 0.6%$2,111▼ 3.7%5.7%
Belle Haven$507K▲ 0.6%$2,074▼ 2.7%4.9%

Data refreshed Oct 26, 2026.