Virginia
Local Housing Market · Zillow ZHVI · September 2026
$412,252
Typical Home Value
▲ 2.1% YoY ▲ 0.16% MoM
7.40%
30Y Mortgage Rate
PMMS · Oct 15, 2026
121bps
YoY Rate Change
▲ Higher than 1yr ago
230bps
30Y/10Y Spread
Norm ~170bps
🏘 Virginia Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$412,252
▲ 2.1% YoY
Month-over-Month
▲ 0.16% MoM
September 2026
Data Period
September 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
7.40%
PMMS · Oct 15, 2026
15Y Fixed
6.71%
PMMS · Oct 15, 2026
1yr Ago 30Y
6.19%
▲ Rates higher now
30Y/10Y Spread
230bps
Normal · 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 · September 2026
• Inventory is up 21.8% YoY and listing prices are rising 1.3% YoY with 21.0% of listings carrying a price cut. Rising prices support valuations, but verify comps carefully in fast-moving segments.
• Homes are selling in a median 47 days — a moderate-paced market. Pending ratio is 0.37 — moderate demand, purchase timelines are manageable.
• New listings are increasing 3.9% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$455,953
▲ 1.3% YoY
Median Days on Market
47d
0d YoY
Active Listings
26,222
▲ 21.8% YoY
New Listings
11,204
▲ 3.9% YoY
Price Reduced Share
21.0%
of active listings
Pending Ratio
0.37
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) · September 2026
Richmond
▼ COOLING
National rank #95
Median Price
$440,000
Median DOM
44d
Demand score 49/100
Winchester
▼ COOLING
National rank #101
Median Price
$448,000
Median DOM
48d
Demand score 57/100
Lynchburg
▼ COOLING
National rank #118
Median Price
$359,900
Median DOM
57d
Demand score 70/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply