Virginia Real Estate & Property Data

Virginia Real Estate Market Trends
Last Updated: April 25, 2024

Get access to Virginia real estate data and housing market reports powered by the industry’s leading provider of real estate and property data, ATTOM. There have been 120,970 residential properties sold in the Virginia real estate market over the past 12 months. As of February 2024, the median home price in VA on single-family homes is $370,450. The median single-family home value for properties over the last 12 months is $372,190. Currently, the State of Virginia has 469 properties in foreclosure and 49 REOs (real estate bank owned).

See how easy it is to locate target properties in VA, build bespoke property reports, and create marketing lists from ATTOM’s Virginia real estate data.

Virginia Real Estate Market Trends
Total Residential Properties 2,949,291
Total Commercial Properties 165,624
Avg. Home Age (Single Family Home) 45 Years
Avg. Square Feet (Single Family Home) 1,963
Total 2024 Residential Sales (year-to-date) 14,448
% of Homes Seriously Underwater (Q2 2024) 0.75%
Total 2023 Residential Sales 113,084
% of Equity Rich Homes (Q2 2024) 33.34%
Effective 2023 Property Tax 0.78%
Total Foreclosure Filings (year-to-date) 842
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Virginia Real Estate Overview

There were 120,970 residential properties sold in the past year in Virginia. The median home value in Virginia is $372,190. There are a total of 2,949,291 residential properties in the VA.

Median Sales Price i
$370,450
(Feb 2024)
+4.4%
year-over-year
y-o-y
  • February '24 Feb '24 $370,450
  • January '24 Jan '24 $370,000
  • December '23 Dec '23 $365,000
  • November '23 Nov '23 $380,000
  • October '23 Oct '23 $395,000
  • September '23 Sep '23 $375,000
  • August '23 Aug '23 $395,000
  • July '23 Jul '23 $399,582
  • June '23 Jun '23 $410,000
  • May '23 May '23 $410,000
  • April '23 Apr '23 $380,000
  • March '23 Mar '23 $368,000
Median Down Payment i
$55,200
(Feb 2024)
+19.9%
year-over-year
y-o-y
  • February '24 Feb '24 $55,200
  • January '24 Jan '24 $56,719
  • December '23 Dec '23 $53,736
  • November '23 Nov '23 $66,000
  • October '23 Oct '23 $63,750
  • September '23 Sep '23 $59,400
  • August '23 Aug '23 $60,000
  • July '23 Jul '23 $59,631
  • June '23 Jun '23 $60,860
  • May '23 May '23 $57,550
  • April '23 Apr '23 $52,500
  • March '23 Mar '23 $50,000
Number of Homes Sold i
7,570
(Feb 2024)
+2.3%
year-over-year
y-o-y
  • February '24 Feb '24 7,570
  • January '24 Jan '24 6,878
  • December '23 Dec '23 8,078
  • November '23 Nov '23 7,961
  • October '23 Oct '23 9,869
  • September '23 Sep '23 9,017
  • August '23 Aug '23 10,906
  • July '23 Jul '23 10,082
  • June '23 Jun '23 12,300
  • May '23 May '23 11,668
  • April '23 Apr '23 9,265
  • March '23 Mar '23 9,973
Number of Purchase Loans i
5,770
(Feb 2024)
-1.7%
year-over-year
y-o-y
  • February '24 Feb '24 5,770
  • January '24 Jan '24 5,070
  • December '23 Dec '23 6,196
  • November '23 Nov '23 6,038
  • October '23 Oct '23 7,531
  • September '23 Sep '23 7,051
  • August '23 Aug '23 8,719
  • July '23 Jul '23 8,240
  • June '23 Jun '23 9,922
  • May '23 May '23 9,401
  • April '23 Apr '23 7,555
  • March '23 Mar '23 8,201
Number of REFI Loans i
4,357
(Feb 2024)
+63.2%
year-over-year
y-o-y
  • February '24 Feb '24 4,357
  • January '24 Jan '24 4,134
  • December '23 Dec '23 3,725
  • November '23 Nov '23 3,699
  • October '23 Oct '23 4,208
  • September '23 Sep '23 3,661
  • August '23 Aug '23 4,744
  • July '23 Jul '23 3,530
  • June '23 Jun '23 3,843
  • May '23 May '23 3,976
  • April '23 Apr '23 3,579
  • March '23 Mar '23 3,681
Number of HELOC Loans i
2,493
(Feb 2024)
+0.7%
year-over-year
y-o-y
  • February '24 Feb '24 2,493
  • January '24 Jan '24 2,500
  • December '23 Dec '23 2,620
  • November '23 Nov '23 2,746
  • October '23 Oct '23 2,997
  • September '23 Sep '23 2,548
  • August '23 Aug '23 3,182
  • July '23 Jul '23 2,696
  • June '23 Jun '23 3,012
  • May '23 May '23 3,079
  • April '23 Apr '23 2,691
  • March '23 Mar '23 2,962

Virginia Real Estate Market Overview

Last 30 days
  • County
    Median Est. Value
  • County
    Median Est. Value
  • County
    Median Est. Value

Virginia Foreclosure Activity

There were a total of 469 Virginia properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 469 Virginia properties and repossessed 49 Virginia properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
469
(Feb 2024)
+24.4%
year-over-year
y-o-y
  • February '24 Feb '24 469
  • January '24 Jan '24 373
  • December '23 Dec '23 462
  • November '23 Nov '23 504
  • October '23 Oct '23 545
  • September '23 Sep '23 552
  • August '23 Aug '23 572
  • July '23 Jul '23 518
  • June '23 Jun '23 538
  • May '23 May '23 639
  • April '23 Apr '23 424
  • March '23 Mar '23 616
Foreclosure Starts i
469
(Feb 2024)
+25.1%
year-over-year
y-o-y
  • February '24 Feb '24 469
  • January '24 Jan '24 373
  • December '23 Dec '23 462
  • November '23 Nov '23 504
  • October '23 Oct '23 545
  • September '23 Sep '23 552
  • August '23 Aug '23 572
  • July '23 Jul '23 518
  • June '23 Jun '23 538
  • May '23 May '23 639
  • April '23 Apr '23 424
  • March '23 Mar '23 616
Completed Foreclosures (REOs) i
49
(Feb 2024)
-52.9%
year-over-year
y-o-y
  • February '24 Feb '24 49
  • January '24 Jan '24 88
  • December '23 Dec '23 69
  • November '23 Nov '23 74
  • October '23 Oct '23 44
  • September '23 Sep '23 87
  • August '23 Aug '23 102
  • July '23 Jul '23 70
  • June '23 Jun '23 97
  • May '23 May '23 121
  • April '23 Apr '23 83
  • March '23 Mar '23 98
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