Virginia Real Estate & Property Data

Virginia Real Estate Market Trends
Last Updated: March 28, 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 119,844 residential properties sold in the Virginia real estate market over the past 12 months. As of January 2024, the median home price in VA on single-family homes is $370,000. The median single-family home value for properties over the last 12 months is $371,941. Currently, the State of Virginia has 373 properties in foreclosure and 88 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 2,948,893
Total Commercial Properties 165,646
Avg. Home Age (Single Family Home) 45 Years
Avg. Square Feet (Single Family Home) 1,963
Total 2024 Residential Sales (year-to-date) 6,861
% of Homes Seriously Underwater (Q1 2024) 0.73%
Total 2023 Residential Sales 112,983
% of Equity Rich Homes (Q1 2024) 32.89%
Effective 2023 Property Tax 0.79%
Total Foreclosure Filings (year-to-date) 373
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Virginia Real Estate Overview

There were 119,844 residential properties sold in the past year in Virginia. The median home value in Virginia is $371,941. There are a total of 2,948,893 residential properties in the VA.

Median Sales Price i
$370,000
(Jan 2024)
+8.6%
year-over-year
y-o-y
  • 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 $399,665
  • June '23 Jun '23 $410,000
  • May '23 May '23 $410,000
  • April '23 Apr '23 $380,000
  • March '23 Mar '23 $367,000
  • February '23 Feb '23 $355,000
Median Down Payment i
$56,550
(Jan 2024)
+36.1%
year-over-year
y-o-y
  • January '24 Jan '24 $56,550
  • December '23 Dec '23 $53,744
  • November '23 Nov '23 $66,000
  • October '23 Oct '23 $63,900
  • September '23 Sep '23 $59,000
  • August '23 Aug '23 $60,000
  • July '23 Jul '23 $59,500
  • June '23 Jun '23 $60,985
  • May '23 May '23 $57,550
  • April '23 Apr '23 $52,500
  • March '23 Mar '23 $50,000
  • February '23 Feb '23 $46,150
Number of Homes Sold i
6,861
(Jan 2024)
+4.6%
year-over-year
y-o-y
  • January '24 Jan '24 6,861
  • December '23 Dec '23 8,075
  • November '23 Nov '23 7,959
  • October '23 Oct '23 9,863
  • September '23 Sep '23 9,010
  • August '23 Aug '23 10,898
  • July '23 Jul '23 10,068
  • June '23 Jun '23 12,285
  • May '23 May '23 11,657
  • April '23 Apr '23 9,258
  • March '23 Mar '23 9,957
  • February '23 Feb '23 7,395
Number of Purchase Loans i
5,053
(Jan 2024)
-3.4%
year-over-year
y-o-y
  • January '24 Jan '24 5,053
  • December '23 Dec '23 6,192
  • November '23 Nov '23 6,037
  • October '23 Oct '23 7,515
  • September '23 Sep '23 7,046
  • August '23 Aug '23 8,714
  • July '23 Jul '23 8,225
  • June '23 Jun '23 9,906
  • May '23 May '23 9,388
  • April '23 Apr '23 7,547
  • March '23 Mar '23 8,187
  • February '23 Feb '23 5,862
Number of REFI Loans i
4,125
(Jan 2024)
+40.2%
year-over-year
y-o-y
  • January '24 Jan '24 4,125
  • December '23 Dec '23 3,724
  • November '23 Nov '23 3,697
  • October '23 Oct '23 4,201
  • September '23 Sep '23 3,660
  • August '23 Aug '23 4,744
  • July '23 Jul '23 3,531
  • June '23 Jun '23 3,843
  • May '23 May '23 3,975
  • April '23 Apr '23 3,577
  • March '23 Mar '23 3,679
  • February '23 Feb '23 2,668
Number of HELOC Loans i
2,490
(Jan 2024)
-2.8%
year-over-year
y-o-y
  • January '24 Jan '24 2,490
  • December '23 Dec '23 2,618
  • November '23 Nov '23 2,746
  • October '23 Oct '23 2,992
  • September '23 Sep '23 2,547
  • August '23 Aug '23 3,179
  • July '23 Jul '23 2,695
  • June '23 Jun '23 3,007
  • May '23 May '23 3,078
  • April '23 Apr '23 2,688
  • March '23 Mar '23 2,962
  • February '23 Feb '23 2,475

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 373 Virginia properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 373 Virginia properties and repossessed 88 Virginia properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
373
(Jan 2024)
-24.6%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 377
Foreclosure Starts i
373
(Jan 2024)
-24.6%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 375
Completed Foreclosures (REOs) i
88
(Jan 2024)
+14.3%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 104
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