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Virginia Real Estate

Explore Virginia.

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Source: Realtor.com Economic Research, state-level data for September 2026. Market data is updated periodically and deemed reliable but not guaranteed.

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.

By the Numbers

  • $455,953Median listing price statewide
  • 19Active VA REALTORS® on this network
  • 8.72 millionPopulation
  • RichmondCapital
  • eXp Realty VirginiaBrokerage

Virginia market snapshot: September 2026

Source: Realtor.com Economic Research, state-level data for September 2026. Market data is updated periodically and deemed reliable but not guaranteed.

  • Median listing price$455,953+1.3% YoY
  • Days on market47median
  • Active listings26,000+on market
  • YoY price change+1.3%12-month

Virginia through experienced eyes

Find a Home Network Perspective Authored by the Find a Home Network.

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 $455,953, with homes taking a median 47 days to sell and 26,000+ 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

  • Northern Virginia (DC metro)

    DC commuter belt. Federal contractors, defense, tech (Amazon HQ2 in Arlington). Loudoun and Fairfax counties drive top home prices.

  • 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

Virginia public school districts include Falls Church City, Loudoun County, Fairfax County, and Henrico County. Many private schools operate 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 $455,953 would be $91,191. 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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