Virginia
Local Housing Market · Zillow ZHVI · March 2026
$412,467
Typical Home Value
▲ 1.6% YoY ▲ 0.13% MoM
6.37%
30Y Mortgage Rate
PMMS · May 07, 2026
44bps
YoY Rate Change
▼ Lower than 1yr ago
199bps
30Y/10Y Spread
Norm ~170bps
🏘 Virginia Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$412,467
▲ 1.6% YoY
Month-over-Month
▲ 0.13% MoM
March 2026
Data Period
March 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.37%
PMMS · May 07, 2026
15Y Fixed
5.72%
PMMS · May 07, 2026
1yr Ago 30Y
6.81%
▼ Rates lower now
30Y/10Y Spread
199bps
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 · April 2026
• Inventory is up 12.2% YoY and listing prices are rising 1.1% YoY with 13.2% of listings carrying a price cut. Rising prices support valuations, but verify comps carefully in fast-moving segments.
• Homes are selling in a median 36 days — a moderate-paced market. Pending ratio is 0.6 — strong buyer demand, expect competitive purchase timelines.
• New listings are increasing 10.4% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$465,000
▲ 1.1% YoY
Median Days on Market
36d
0d YoY
Active Listings
19,779
▲ 12.2% YoY
New Listings
14,422
▲ 10.4% YoY
Price Reduced Share
13.2%
of active listings
Pending Ratio
0.6
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) · April 2026
Winchester
▼ COOLING
National rank #60
Median Price
$458,375
Median DOM
32d
Demand score 57/100
Blacksburg-Christiansburg-Radford
▼ COOLING
National rank #71
Median Price
$404,750
Median DOM
43d
Demand score 80/100
Richmond
▼ COOLING
National rank #82
Median Price
$449,975
Median DOM
37d
Demand score 56/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply