Virginia
Local Housing Market · Zillow ZHVI · July 2026
$418,375
Typical Home Value
▲ 2.1% YoY ▲ 0.15% MoM
6.65%
30Y Mortgage Rate
PMMS · Aug 20, 2026
9bps
YoY Rate Change
▲ Higher than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Virginia Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$418,375
▲ 2.1% YoY
Month-over-Month
▲ 0.15% MoM
July 2026
Data Period
July 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.65%
PMMS · Aug 20, 2026
15Y Fixed
5.95%
PMMS · Aug 20, 2026
1yr Ago 30Y
6.56%
▲ Rates higher now
30Y/10Y Spread
195bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Virginia
Market Indicators
REALTOR.COM🏦 LO Market Signal · July 2026
• Inventory is up 17.4% YoY and listing prices are rising 1.6% YoY with 18.9% of listings carrying a price cut. Rising prices support valuations, but verify comps carefully in fast-moving segments.
• Homes are selling in a median 43 days — a moderate-paced market. Pending ratio is 0.45 — moderate demand, purchase timelines are manageable.
• New listings are increasing 6.6% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$469,450
▲ 1.6% YoY
Median Days on Market
43d
0d YoY
Active Listings
24,314
▲ 17.4% YoY
New Listings
11,458
▲ 6.6% YoY
Price Reduced Share
18.9%
of active listings
Pending Ratio
0.45
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Virginia
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · July 2026
Richmond
▼ COOLING
National rank #94
Median Price
$449,950
Median DOM
39d
Demand score 49/100
Lynchburg
▼ COOLING
National rank #111
Median Price
$362,450
Median DOM
51d
Demand score 69/100
Blacksburg-Christiansburg-Radford
▼ COOLING
National rank #116
Median Price
$389,900
Median DOM
57d
Demand score 78/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply