🏠 Buying a house in Virginia | 🏘️ Selling a house in Virginia | 🚚 Moving to Virginia
🏡 Home values in Virginia have risen 12.34% over the past year, indicating a seller's market.
📈 Housing inventory (the total number of homes for sale) stands at 17,829. That's about 4.08 months of inventory, indicating a seller's market.
📊 The sale-to-list price ratio (the percentage of listing price sellers are actually getting) is 98.80%, indicating a seller's market.
How does Virginia compare to the national average?
| Data point | Value | Rank | Compared to national avg |
| Typical home value | $404,498[1] | #19 of 50 states | 7.6% higher |
| Median listing price | $450,000[2] | #21 of 50 states | 1.5% higher |
| Median sale price | $486,200[3] | #18 of 50 states | 11.1% higher |
| 30-year mortgage rate | 7.06%[4] | #46 of 50 states | 1.2% higher |
| Median days on market | 45[5] | #9 of 50 states | 23.5% shorter |
Looking to buy or sell in Virginia?
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Buying a house in the Virginia real estate market
Virginia has an affordability score of 5.4, meaning it takes 5.4 years of the median household income ($89,931) to afford Virginia's median home sale price ($486,200). Because of this, we rank Virginia as the 25th most affordable state for buyers based strictly on prices compared to income.
| Data Point | Value | Rank | Compared to national avg |
| Median sale price | $486,200[6] | #18 of 50 states | 11.1% higher |
| 30-year mortgage rate | 7.06%[7] | #46 of 50 states | 1.2% higher |
| Median household income | $89,931[8] | #11 of 50 states | 16.8% higher |
| Affordability ratio | 5.4 | #25 of 50 states | 3.1% lower |
| Buyers agent commission | 2.83%[9] | #40 of 50 states | 3% higher |
Who pays for realtor commission in Virginia?
Real estate agents' commissions are technically the responsibility of their respective clients - buyers pay their agents, and sellers pay theirs. Each party signs a contract with their agent promising to pay. However, sellers usually offer to pay for the buyer's agent so they can more easily afford the home.
Who pays closing costs in Virginia?
Sellers are usually responsible for most closing costs, but some closing expenses fall to the buyer. As a buyer, you'll be expected to pay for the mortgage loan origination fee and other lender-related fees, private mortgage insurance, the down payment, an appraisal fee, and a home inspection fee.
Learn more about who pays closing costs in Virginia.
Resources for Virginia home buyers
Preparing to buy in Virginia
Virginia home buying costs
Selling a house in the Virginia real estate market
According to our detailed survey of Virginia real estate agents, listing agents (those representing the seller) charge an average commission in Virginia of 2.86%, which is the 21st highest in the United States. Buyers' agents charge an average commission of 2.83%, which is the 11th highest in the United States.
| Data point | Value | Rank | Compared to national avg |
| Median listing price | $450,000[10] | #21 of 50 states | 1.5% higher |
| Median sale price | $486,200[11] | #18 of 50 states | 11.1% higher |
| Median days on market | 45[12] | #9 of 50 states | 23.5% shorter |
| Buyer's agent commission | 2.83%[13] | #40 of 50 states | 3% higher |
| Listing agent commission | 2.86%[14] | #30 of 50 states | 0.7% higher |
Resources for Virginia home sellers
Preparing to sell in Virginia
- Selling a House in Virginia: 8 Simple Steps
- How Long Does It Take to Sell a House in Virginia?
- When Is the Best Time to Sell a House in Virginia?
- Top Real Estate Agents in Virginia
Virginia home selling costs and requirements
Moving to Virginia
According to our recent moving trends survey[15], Virginia is the 16th most desirable state to move to, with 11% of Americans indicating that they would choose to move there if money were no object. Likewise, 8% of survey respondents indicated that they would move to Richmond among a choice of America's largest cities, and 7% indicated that they would move to Virginia Beach.
Here's how Virginia cities rank in a number of our research studies.
| Study | Best Virginia city | Rank |
| Best Pizza Cities[16] | Richmond | 33rd best |
| Best Coffee Cities[17] | Richmond | 30th best |
| Best LGBTQ Cities[18] | Richmond | 12th best |
| Best Bike Cities[19] | Richmond | 28th best |
| Best Commuter Cities[20] | Richmond | 10th best |
Where to shop for homes in Virginia
Frequently asked questions
As of October 17, 2025, the median days on market (DOM) in Virginia is 52. On average, it takes about 51 days to sell in Virginia.
Home values have risen in Virginia over the past year. The current median home value is $410,032 and it's projected to rise by 0.66% in the next year.
As of October 17, 2025, sellers in Virginia are typically getting 100% of the list price for their homes.
Methodology
Information on market conditions is based on Zillow data as of September 2025, Realtor.com data as of September 2025, and HouseCanary data as of October 17, 2025, unless specified otherwise.
We gathered our commission rate data from a September 2025 survey of 828 of agents nationwide. The survey asked about standard local rates for both listing and buying agents. These data points are averages based on responses we’ve received from 18 agents in Virginia.