Virginia
Local Housing Market · Zillow ZHVI · May 2026
$417,463
Typical Home Value
▲ 1.9% YoY ▲ 0.05% MoM
6.49%
30Y Mortgage Rate
PMMS · Jul 09, 2026
26bps
YoY Rate Change
▼ Lower than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Virginia Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$417,463
▲ 1.9% YoY
Month-over-Month
▲ 0.05% MoM
May 2026
Data Period
May 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.49%
PMMS · Jul 09, 2026
15Y Fixed
5.82%
PMMS · Jul 09, 2026
1yr Ago 30Y
6.75%
▼ Rates lower 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 · June 2026
• Inventory is up 16.6% YoY and listing prices are flat 0.8% YoY with 17.5% of listings carrying a price cut. Pricing is stable — comps should be reliable.
• Homes are selling in a median 39 days — a moderate-paced market. Pending ratio is 0.52 — strong buyer demand, expect competitive purchase timelines.
• New listings are increasing 9.2% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$470,000
▼ 0.8% YoY
Median Days on Market
39d
0d YoY
Active Listings
23,644
▲ 16.6% YoY
New Listings
12,968
▲ 9.2% YoY
Price Reduced Share
17.5%
of active listings
Pending Ratio
0.52
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) · June 2026
Winchester
▼ COOLING
National rank #77
Median Price
$459,900
Median DOM
33d
Demand score 55/100
Richmond
▼ COOLING
National rank #83
Median Price
$449,999
Median DOM
36d
Demand score 58/100
Blacksburg-Christiansburg-Radford
▼ COOLING
National rank #106
Median Price
$409,950
Median DOM
47d
Demand score 78/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply