Cities with the fastest-growing home prices in Virginia

Written by:
February 23, 2024
FOTOGRIN // Shutterstock

Cities with the fastest-growing home prices in Virginia

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $344,159 in January, 3.6% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in Virginia using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending January 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Virginia.

1 / 50
Stacker

#50. Rhoadesville

- Typical home value: $331,345
- 1-year price change: +$30,648 (+10.2%)
- 5-year price change: +$123,049 (+59.1%)
- Metro area: not in a metro area

2 / 50
Stacker

#49. McGaheysville

- Typical home value: $378,178
- 1-year price change: +$31,269 (+9.0%)
- 5-year price change: +$139,098 (+58.2%)
- Metro area: Harrisonburg, VA

3 / 50
Stacker

#48. Upperville

- Typical home value: $1,186,392
- 1-year price change: +$31,346 (+2.7%)
- 5-year price change: +$338,768 (+40.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

4 / 50
Stacker

#47. Damascus

- Typical home value: $196,824
- 1-year price change: +$31,448 (+19.0%)
- 5-year price change: +$89,159 (+82.8%)
- Metro area: Kingsport-Bristol, TN-VA

5 / 50
Stacker

#46. Sterling

- Typical home value: $579,395
- 1-year price change: +$31,634 (+5.8%)
- 5-year price change: +$158,564 (+37.7%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

6 / 50
Stacker

#45. Centreville

- Typical home value: $568,110
- 1-year price change: +$31,673 (+5.9%)
- 5-year price change: +$151,711 (+36.4%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

7 / 50
Stacker

#44. Jeffersonton

- Typical home value: $569,319
- 1-year price change: +$31,677 (+5.9%)
- 5-year price change: +$178,820 (+45.8%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

8 / 50
Stacker

#43. Clifton

- Typical home value: $898,055
- 1-year price change: +$31,985 (+3.7%)
- 5-year price change: +$230,775 (+34.6%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

9 / 50
Stacker

#42. Reston

- Typical home value: $578,794
- 1-year price change: +$32,177 (+5.9%)
- 5-year price change: +$125,887 (+27.8%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

10 / 50
Stacker

#41. Middleburg

- Typical home value: $977,724
- 1-year price change: +$32,294 (+3.4%)
- 5-year price change: +$305,202 (+45.4%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

11 / 50
Stacker

#40. Lincolnia

- Typical home value: $651,060
- 1-year price change: +$32,702 (+5.3%)
- 5-year price change: +$150,432 (+30.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

12 / 50
Stacker

#39. Catawba

- Typical home value: $304,826
- 1-year price change: +$32,761 (+12.0%)
- 5-year price change: +$105,238 (+52.7%)
- Metro area: Roanoke, VA

13 / 50
Stacker

#38. Tuckahoe

- Typical home value: $403,310
- 1-year price change: +$33,025 (+8.9%)
- 5-year price change: +$120,070 (+42.4%)
- Metro area: Richmond, VA

14 / 50
Stacker

#37. Broad Run

- Typical home value: $686,931
- 1-year price change: +$33,707 (+5.2%)
- 5-year price change: +$207,819 (+43.4%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

15 / 50
Stacker

#36. Moneta

- Typical home value: $498,071
- 1-year price change: +$33,815 (+7.3%)
- 5-year price change: +$186,343 (+59.8%)
- Metro area: Lynchburg, VA

16 / 50
Stacker

#35. Oakton

- Typical home value: $960,130
- 1-year price change: +$33,840 (+3.7%)
- 5-year price change: +$228,402 (+31.2%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

17 / 50
Stacker

#34. Elkwood

- Typical home value: $425,788
- 1-year price change: +$33,964 (+8.7%)
- 5-year price change: +$130,511 (+44.2%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

18 / 50
Stacker

#33. Midlothian

- Typical home value: $426,518
- 1-year price change: +$34,165 (+8.7%)
- 5-year price change: +$134,281 (+45.9%)
- Metro area: Richmond, VA

19 / 50
Stacker

#32. Rose Hill

- Typical home value: $650,245
- 1-year price change: +$34,368 (+5.6%)
- 5-year price change: +$150,023 (+30.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

20 / 50
Stacker

#31. Ashburn

- Typical home value: $752,057
- 1-year price change: +$34,546 (+4.8%)
- 5-year price change: +$211,206 (+39.1%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

21 / 50
Stacker

#30. Annandale

- Typical home value: $687,255
- 1-year price change: +$35,042 (+5.4%)
- 5-year price change: +$162,813 (+31.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

22 / 50
Stacker

#29. Rixeyville

- Typical home value: $458,678
- 1-year price change: +$35,397 (+8.4%)
- 5-year price change: +$145,693 (+46.5%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

23 / 50
Stacker

#28. Burke

- Typical home value: $664,395
- 1-year price change: +$35,936 (+5.7%)
- 5-year price change: +$168,818 (+34.1%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

24 / 50
Stacker

#27. Springfield

- Typical home value: $651,735
- 1-year price change: +$36,344 (+5.9%)
- 5-year price change: +$164,320 (+33.7%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

25 / 50
Stacker

#26. Leesburg

- Typical home value: $763,213
- 1-year price change: +$36,565 (+5.0%)
- 5-year price change: +$232,828 (+43.9%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

26 / 50
Stacker

#25. Greenwood

- Typical home value: $519,322
- 1-year price change: +$36,714 (+7.6%)
- 5-year price change: +$154,600 (+42.4%)
- Metro area: Charlottesville, VA

27 / 50
Stacker

#24. Catharpin

- Typical home value: $890,030
- 1-year price change: +$37,970 (+4.5%)
- 5-year price change: +$273,569 (+44.4%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

28 / 50
Stacker

#23. Purcellville

- Typical home value: $798,076
- 1-year price change: +$38,381 (+5.1%)
- 5-year price change: +$247,074 (+44.8%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

29 / 50
Stacker

#22. Bent Mountain

- Typical home value: $286,615
- 1-year price change: +$38,600 (+15.6%)
- 5-year price change: +$119,515 (+71.5%)
- Metro area: Roanoke, VA

30 / 50
Stacker

#21. Chantilly

- Typical home value: $754,581
- 1-year price change: +$39,410 (+5.5%)
- 5-year price change: +$222,140 (+41.7%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

31 / 50
Stacker

#20. Fairfax

- Typical home value: $705,771
- 1-year price change: +$39,620 (+5.9%)
- 5-year price change: +$169,561 (+31.6%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

32 / 50
Stacker

#19. Fort Belvoir

- Typical home value: $739,721
- 1-year price change: +$40,041 (+5.7%)
- 5-year price change: +$170,772 (+30.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

33 / 50
Stacker

#18. Glen Allen

- Typical home value: $466,801
- 1-year price change: +$40,587 (+9.5%)
- 5-year price change: +$132,673 (+39.7%)
- Metro area: Richmond, VA

34 / 50
Stacker

#17. Aldie

- Typical home value: $959,682
- 1-year price change: +$40,762 (+4.4%)
- 5-year price change: +$318,556 (+49.7%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

35 / 50
Stacker

#16. Maidens

- Typical home value: $461,887
- 1-year price change: +$42,242 (+10.1%)
- 5-year price change: +$137,851 (+42.5%)
- Metro area: Richmond, VA

36 / 50
Stacker

#15. Moseley

- Typical home value: $567,802
- 1-year price change: +$42,549 (+8.1%)
- 5-year price change: +$168,930 (+42.4%)
- Metro area: Richmond, VA

37 / 50
Stacker

#14. Falls Church

- Typical home value: $701,799
- 1-year price change: +$43,509 (+6.6%)
- 5-year price change: +$168,379 (+31.6%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

38 / 50
Stacker

#13. Rockville

- Typical home value: $444,824
- 1-year price change: +$43,767 (+10.9%)
- 5-year price change: +$128,431 (+40.6%)
- Metro area: Richmond, VA

39 / 50
Stacker

#12. Union Hall

- Typical home value: $732,995
- 1-year price change: +$45,357 (+6.6%)
- 5-year price change: +$298,994 (+68.9%)
- Metro area: Roanoke, VA

40 / 50
Stacker

#11. Vienna

- Typical home value: $1,014,015
- 1-year price change: +$46,208 (+4.8%)
- 5-year price change: +$228,174 (+29.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

41 / 50
Stacker

#10. Sandy Hook

- Typical home value: $465,356
- 1-year price change: +$46,374 (+11.1%)
- 5-year price change: +$133,697 (+40.3%)
- Metro area: Richmond, VA

42 / 50
Stacker

#9. Crozier

- Typical home value: $479,927
- 1-year price change: +$46,894 (+10.8%)
- 5-year price change: +$130,640 (+37.4%)
- Metro area: Richmond, VA

43 / 50
Stacker

#8. Hamilton

- Typical home value: $777,492
- 1-year price change: +$48,109 (+6.6%)
- 5-year price change: +$248,842 (+47.1%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

44 / 50
Stacker

#7. Keswick

- Typical home value: $748,344
- 1-year price change: +$51,517 (+7.4%)
- 5-year price change: +$211,099 (+39.3%)
- Metro area: Charlottesville, VA

45 / 50
Stacker

#6. McLean

- Typical home value: $1,246,592
- 1-year price change: +$56,403 (+4.7%)
- 5-year price change: +$300,785 (+31.8%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

46 / 50
Stacker

#5. Great Falls

- Typical home value: $1,465,927
- 1-year price change: +$57,362 (+4.1%)
- 5-year price change: +$429,971 (+41.5%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

47 / 50
Stacker

#4. Paeonian Springs

- Typical home value: $760,791
- 1-year price change: +$61,754 (+8.8%)
- 5-year price change: data not available
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

48 / 50
Stacker

#3. Dunn Loring

- Typical home value: $1,126,698
- 1-year price change: +$63,011 (+5.9%)
- 5-year price change: +$269,917 (+31.5%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

49 / 50
Stacker

#2. Waterford

- Typical home value: $1,141,216
- 1-year price change: +$65,187 (+6.1%)
- 5-year price change: +$408,260 (+55.7%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

50 / 50
Stacker

#1. Oilville

- Typical home value: $567,754
- 1-year price change: +$74,923 (+15.2%)
- 5-year price change: +$131,272 (+30.1%)
- Metro area: Richmond, VA

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 50 states.

Trending Now