Virginia Real Estate Market• Updated
Market Pulse: Opportunity 📈
The Virginia real estate market is currently a Buyer's Market. Homes are retaining 97% of their value (Sale Price to List Price Ratio). With 11470 active listings and 7424 closed sales this month, inventory remains at 2 months of supply. Trends over the last half-year show median values moving up by 15%, while Average Days on Market has increased by 7%.
Top Listing & Buyer's Agents in Virginia
Detached Homes
Townhomes
Condo/Co-op
Multi-Family (2-4 Unit)
Mobile/Manufactured Homes
Virginia Real Estate Market Trends October 2026
Inventory Breakdown by Segment
| Property Type | Entry Level | High-End | Mid-Market | Ultra-Luxury | Total |
|---|---|---|---|---|---|
| Condo/Co-op | 899 | 54 | 540 | 24 | 1.5K |
| Detached Home | 943 | 2.2K | 4.1K | 997 | 8.3K |
| Mobile/Manufactured Home | 45 | 10 | 29 | 14 | 98 |
| Multi-Family (2-4 Unit) | 10 | 26 | 46 | 36 | 118 |
| Townhome | 311 | 109 | 1K | 15 | 1.5K |
Market Insights & FAQ
How is the real estate market in Virginia performing right now?
The data indicates a active environment in Virginia. Inventory is at 2 months, meaning a balanced environment with steady turnover. Inventory is balanced but lean, requiring buyers to be decisive.
What are the current pricing trends for Virginia real estate?
Currently, $411,000 represents the median entry point in Virginia. Over the past half-year, home values in Virginia have moved upward by approximately 15% based on regional transaction data.
Are sellers in Virginia getting their full asking price?
Buyers have room for negotiation in Virginia, with a Sale Price to List Price Ratio of 96.9%. On average, properties in Virginia are transitioning from active to sold status in 62 days.