Virginia Real Estate Market• Updated
Market Pulse
|Real-time AnalysisMarket Pulse: Balanced ⚖️
The Virginia real estate market is currently a Balanced Market. Homes are retaining 98% of their value (Sale Price to List Price Ratio). With 26873 active listings and 9709 closed sales this month, inventory remains at 5.9 months of supply. Trends over the last half-year show median values moving up by 12%, while Average Days on Market holding steady.
Top Listing & Buyer's Agents in Virginia
Detached Homes
Sales Volume
Sales volume has grown by 120% over the last 6 months, showing a positive trend with currently 7.1K transactions.
Townhomes
Sales Volume
Sales volume has grown by 114% over the last 6 months, showing a positive trend with currently 1.6K transactions.
Condo/Co-op
Sales Volume
Sales volume has grown by 75% over the last 6 months, showing a positive trend with currently 844 transactions.
Multi-Family (2-4 Unit)
Sales Volume
Sales volume has grown by 59% over the last 6 months, showing a positive trend with currently 66 transactions.
Mobile/Manufactured Homes
Sales Volume
Sales volume has grown by 60% over the last 6 months, showing a positive trend with currently 44 transactions.
Virginia Real Estate Market Trends July 2026
Total Active Listings
26,873
+6,616 New
Recently Listed (7d)
6,616
market entries
Average List Price
$645K
current avg.
Inventory Breakdown by Segment
| Property Type | Entry Level | High-End | Mid-Market | Ultra-Luxury | Total |
|---|---|---|---|---|---|
| Condo/Co-op | 2.1K | 137 | 1.1K | 45 | 3.5K |
| Detached Home | 2.5K | 4.6K | 10K | 2.3K | 19.3K |
| Mobile/Manufactured Home | 89 | 24 | 86 | 18 | 217 |
| Multi-Family (2-4 Unit) | 41 | 67 | 116 | 73 | 297 |
| Townhome | 929 | 211 | 2.4K | 34 | 3.6K |
Market Insights & FAQ
How is the real estate market in Virginia performing right now?
The data indicates a stable environment in Virginia. Inventory is at 5.9 months, meaning a balanced environment with steady turnover. Inventory levels provide a healthy range of options for prospective buyers.
What are the current pricing trends for Virginia real estate?
Currently, $410,000 represents the median entry point in Virginia. Over the past half-year, home values in Virginia have moved upward by approximately 12% 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 98.4%. On average, properties in Virginia are transitioning from active to sold status in 58 days.
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