Explore Virginia.
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About Virginia real estate
Virginia's market splits cleanly: Northern Virginia operates as a DC metro and dominates pricing, while everywhere else operates on its own economic engines.
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Expert take: Northern Virginia is one of the tightest metros in the country, driven by federal jobs and Amazon HQ2 spillover. Richmond is the fastest-growing secondary metro.
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Virginia market snapshot
Market data is updated periodically and deemed reliable but not guaranteed.
Virginia through experienced eyes
What makes Virginia different.
Virginia has more federal government employees than any state outside DC. Property taxes are below the national average, with significant variation by county.
Current conditions.
Virginia's median listing price is $465,000, with homes taking a median 36 days to sell and 19,000+ active listings. Read Virginia by metro, not by state.
The single biggest trend.
Northern Virginia is one of the tightest metros in the country, driven by federal jobs and Amazon HQ2 spillover. Richmond is the fastest-growing secondary metro.
Where to look in Virginia
Median sale prices are directional public-data estimates.
Northern Virginia (DC metro)
DC commuter belt. Federal contractors, defense, tech (Amazon HQ2 in Arlington). Loudoun and Fairfax counties drive top family pricing.
Virginia Beach-Norfolk-Newport News
Hampton Roads. Largest naval concentration in the world.
Richmond
State capital. Insurance and tobacco history. Strong growth.
Charlottesville
University of Virginia. Wine country.
Roanoke
Southwest Virginia. Lower price point.
Schools & Education
Falls Church City, Loudoun County, Fairfax County, and Henrico County rank among the state's top public districts. Many top private schools throughout NoVA.
Climate & Weather
Humid subtropical. Hot, humid summers. Mild winters. Mountains in the west, coast in the east.
Questions buyers and sellers ask us most
How much do I need for a down payment in Virginia?
For conventional loans, 20% down on the Virginia median of $465,000 would be $93,000. Most Virginia buyers close with 3-5% down via conventional, FHA (3.5% down), or VA (0% for eligible service members). Check with a local lender.
What is the best time of year to buy a home in Virginia?
Late summer through early fall is historically the most favorable buyer window across most US markets, and Virginia follows this pattern. Spring has the most inventory but the most competition. Winter has the least of both.
Can I buy a home in Virginia without seeing it in person?
Yes. A local REALTOR® running video walkthroughs, paired with a thorough inspection contingency, makes a remote purchase manageable. Most Virginia agents are comfortable with this workflow.
How long does it take to close on a home in Virginia?
30-45 days is typical for a financed purchase, and 14-21 days is achievable for cash. The bottleneck is usually appraisal and lender underwriting, not title work.
Guidance That Moves You Forward
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