Virginia Housing Costs So Far in 2025
- Mutual Assurance Society
- Sep 16
- 2 min read
Have you ever wondered which counties or cities in Virginia have the highest-priced homes, or which have the lowest? How about where your hometown ranks?
Prices have gone up in almost every spot in the Commonwealth since this time last year, and we've found the data that will give you some insight into recent trends in home pricing and monthly mortgage payments.
For example, the city of Falls Church in Fairfax County (which includes the highly desirable hamlet of McLean) has the highest median home price, at $1,061,170, while the city of Covington in Southwest Virginia has a median home cost of $93,100.
Prices Where Most of Our Insureds Live
We have Society members all across the Commonwealth, yet there are certain counties and towns where many of our insureds live. Cities and counties like Lynchburg, Henrico, and Suffolk are right in the middle. Here's where they place on the list.
County/City | Median Home Price 2025 | Monthly Mtg Payment 2025 | Monthly Mtg Payment 2024 | YOY Change |
Goochland | $546,280 | $3,220 | $3,050 | $170 |
Charlottesville | $504,540 | $2,970 | $2,750 | $240 |
Fredericksburg | $487,100 | $2,870 | $2,750 | $120 |
Hanover | $457,400 | $2,690 | $2,550 | $140 |
Chesterfield | $414,480 | $2,440 | $2,310 | $130 |
Richmond City | $412,340 | $2,430 | $2,300 | $130 |
Henrico | $409,290 | $2,410 | $2,280 | $130 |
Suffolk City | $407,080 | $2,400 | $2,220 | $180 |
Winchester | $374,180 | $2,200 | $2,020 | $180 |
Roanoke County | $357,060 | $2,100 | $1,950 | $150 |
Norfolk | $345,320 | $2,030 | $1,990 | $150 |
Lexington | $319,730 | $1,880 | $1,750 | $130 |
Lynchburg | $271,020 | $1,600 | $1,510 | $90 |
The Highs and Lows
Here are the top 10 most expensive housing markets, plus the 10 most affordable.
County/City Name | 2025 Median Home Price | 2025 Monthly Mtg Payment | 2024 Monthly Mtg Payment | YOY Change |
Falls Church City | $1,061,170 | $6,250 | $6,000 | $250 |
Arlington County | $898,100 | $5,290 | $5,080 | $210 |
Alexandria City | $778,830 | $4,580 | $4,400 | $180 |
Loudon County | $775,460 | $4,560 | $4,380 | $180 |
Fairfax County | $714,980 | $4,210 | $4,040 | $170 |
Fauquier County | $593,280 | $3,490 | $3,350 | $140 |
Rappahannock County | $569,020 | $3,350 | $3,110 | $240 |
Clarke County | $568,790 | $3,350 | $3,210 | $140 |
Prince William County | $562,150 | $3,310 | $3,180 | $130 |
Albemarle County | $554,590 | $3,260 | $3,020 | $240 |
County/City | 2025 Median Home Price | 2025 Monthly Mtg Payment | 2024 Monthly Mtg Payment | YOY Change |
Henry County | $139,640 | $820 | $760 | $60 |
Russell County | $138,830 | $820 | $760 | $60 |
Wise County | $135,230 | $800 | $740 | $60 |
Tazewell County | $134,770 | $790 | $740 | $50 |
Dickenson County | $117,360 | $690 | $640 | $50 |
Norton City | $116,890 | $690 | $640 | $50 |
Lee County | $114,570 | $670 | $630 | $40 |
Martinsville City | $107,370 | $630 | $590 | $40 |
Buchanan County | $106,100 | $620 | $580 | $40 |
Covington City | $93,100 | $550 | $510 | $40 |
Everywhere Else
If your town or county isn't in any of these tables, you can check out the National Association of Realtors spreadsheet here.
Sources: Forbes, NAR
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