Virginia · Home Values · 2024
Virginia home prices 2024 — median, average and county breakdown
According to the US Census Bureau's American Community Survey 5-Year Estimates (2020–2024), the median home value in Virginia is $383,700. Across the 133 counties measured, home values range from $83,500 in Covington, VA to $1,055,600 in Falls Church, VA.
Virginia median home value, 2024
Most expensive counties in Virginia
| County | Median home value |
|---|---|
| Falls Church, VA | $1,055,600 |
| Arlington, VA | $895,000 |
| Loudoun, VA | $743,800 |
| Alexandria, VA | $735,100 |
| Fairfax, VA | $732,800 |
Most affordable counties in Virginia
| County | Median home value |
|---|---|
| Covington, VA | $83,500 |
| Buchanan, VA | $94,900 |
| Martinsville, VA | $98,400 |
| Lee, VA | $98,900 |
| Dickenson, VA | $102,700 |
Average vs median home price — what's the difference?
The figure $383,700 is the median home value reported by the US Census Bureau — the middle value when every owner-occupied home in Virginia is sorted by price. Median is the standard measure used in housing reporting because it is not skewed by a small number of very expensive properties. The "average" home price searched for online almost always refers to this median value; true arithmetic averages tend to be 10–30% higher than the median in markets with high-end outliers, but the Census does not publish that figure.
For Virginia specifically, the Census also reports a median monthly rent of $1,579 and a price-to-income ratio of 4.1×. Both are sourced from the same 2020–2024 ACS 5-Year Estimates release.
Explore Virginia on the map
The figures above are static snapshots. The full county-level breakdown — including rent burden, price-to-income ratio, owner cost burden, and population change — is available on the interactive map.
Open Virginia on the USInsights map →Compare with other states
See the same home-price breakdown for any other US state, or compare Virginia side-by-side with the national rankings: