RealTrends Market Report

Virginia, VA

Single-Family Homes

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Virginia, VA

Wed Aug 12 2026
This week the median list price for Virginia, VA is $489,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has increased to 16,314. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Virginia, VA

Wed Aug 12 2026
This week the median list price for Virginia, VA is $489,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has increased to 16,314. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Virginia market.
Median List Price $489,000
Median Price of New Listings $424,990
Per Square Foot $223
Average Days on Market 91
Median Days on Market 56
Price Decreased 39%
Price Increased 2%
Relisted 10%
Inventory 16,314
Median Rent
Market Action 39
Slight Seller's Advantage

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,049,000 3,780 0.5 - 1 acre 4 3.5 23 229 460 70
$597,000 2,600 0.25 - 0.5 acre 4 2.5 23 362 460 56
$399,900 1,880 0.25 - 0.5 acre 3 2 37 472 518 42
$245,000 1,346 0.25 - 0.5 acre 3 2 66 438 531 56