Tracey Velt's Market Report

Virginia, VA

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498



Virginia, VA

Fri Sep 18 2026
This week the median list price for Virginia, VA is $479,999 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has increased to 17,142. Click here to stay informed with the Virginia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Virginia, VA

Fri Sep 18 2026
This week the median list price for Virginia, VA is $479,999 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has increased to 17,142. Click here to stay informed with the Virginia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Virginia market.
Median List Price $479,999
Median Price of New Listings $425,000
Per Square Foot $219
Average Days on Market 95
Median Days on Market 56
Price Decreased 40%
Price Increased 1%
Relisted 11%
Inventory 17,142
Median Rent
Market Action 37
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$999,000 3,849 0.5 - 1 acre 4 3.5 23 249 417 70
$589,000 2,610 0.25 - 0.5 acre 4 2.5 23 308 406 56
$399,000 1,900 0.25 - 0.5 acre 3 2 39 415 497 49
$249,000 1,360 0.25 - 0.5 acre 3 2 66 360 501 56