How much house does $500,000 buy you in Staunton?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Staunton?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Staunton right now. Listings below $500,000 were included if necessary.
38 Old Oaks Dr, Fishersville, VA 22939
- Price: $499,990
- 6 bedrooms, 3 bathrooms
- Square feet: 2,540
- See 38 Old Oaks Dr, Fishersville, VA 22939 on Redfin.com
814 Lammermoor Dr, Staunton, VA 24401
- Price: $499,900
- 5 bedrooms, 4 bathrooms
- Square feet: 4,036
- See 814 Lammermoor Dr, Staunton, VA 24401 on Redfin.com
36 Old Oaks Dr, Fishersville, VA 22939
- Price: $469,990
- 5 bedrooms, 2.5 bathrooms
- Square feet: 2,176
- See 36 Old Oaks Dr, Fishersville, VA 22939 on Redfin.com
17 Mcilwee Ln, Staunton, VA 24401
- Price: $474,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,114
- See 17 Mcilwee Ln, Staunton, VA 24401 on Redfin.com
636 Rosser Ave, Waynesboro, VA 22980
- Price: $495,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,865
- See 636 Rosser Ave, Waynesboro, VA 22980 on Redfin.com
52 Avonwoods Dr, , VA 24401
- Price: $499,890
- 4 bedrooms, 3 bathrooms
- Square feet: 2,641
- See 52 Avonwoods Dr, , VA 24401 on Redfin.com
501 W Frederick St, Staunton, VA 24401
- Price: $489,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,380
- See 501 W Frederick St, Staunton, VA 24401 on Redfin.com
Fairfield Dr, Staunton, VA 24401
- Price: $489,990
- 4 bedrooms, 3 bathrooms
- Square feet: 2,310
- See Fairfield Dr, Staunton, VA 24401 on Redfin.com
0 Fairfield Dr, Staunton, VA 24401
- Price: $489,990
- 4 bedrooms, 3 bathrooms
- Square feet: 2,310
- See 0 Fairfield Dr, Staunton, VA 24401 on Redfin.com
501 Mountain View Dr, Staunton, VA 24401
- Price: $479,500
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,714
- See 501 Mountain View Dr, Staunton, VA 24401 on Redfin.com
30 Sir Robin Rd, Waynesboro, VA 22980
- Price: $479,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,494
- See 30 Sir Robin Rd, Waynesboro, VA 22980 on Redfin.com
177 Tomasville Dr, Waynesboro, VA 22980
- Price: $490,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,180
- See 177 Tomasville Dr, Waynesboro, VA 22980 on Redfin.com
154 Langley Dr, Waynesboro, VA 22980
- Price: $484,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,171
- See 154 Langley Dr, Waynesboro, VA 22980 on Redfin.com
263 Heather Ln, Staunton, VA 24401
- Price: $481,790
- 4 bedrooms, 2 bathrooms
- Square feet: 1,698
- See 263 Heather Ln, Staunton, VA 24401 on Redfin.com
279 Heather Ln, Staunton, VA 24401
- Price: $469,890
- 4 bedrooms, 2 bathrooms
- Square feet: 1,698
- See 279 Heather Ln, Staunton, VA 24401 on Redfin.com
275 Heather Ln, Staunton, VA 24401
- Price: $469,890
- 4 bedrooms, 2 bathrooms
- Square feet: 1,698
- See 275 Heather Ln, Staunton, VA 24401 on Redfin.com
38 Heather Ln, Staunton, VA 24401
- Price: $469,890
- 4 bedrooms, 2 bathrooms
- Square feet: 1,698
- See 38 Heather Ln, Staunton, VA 24401 on Redfin.com
303 Copeland Dr, Staunton, VA 24401
- Price: $475,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,690
- See 303 Copeland Dr, Staunton, VA 24401 on Redfin.com
173 Heather Ln, Staunton, VA 24401
- Price: $485,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,370
- See 173 Heather Ln, Staunton, VA 24401 on Redfin.com
212 Princess Anne Rd, Waynesboro, VA 22980
- Price: $479,900
- 3 bedrooms, 3 bathrooms
- Square feet: 3,292
- See 212 Princess Anne Rd, Waynesboro, VA 22980 on Redfin.com
49 Johns Valley Dr, Fishersville, VA 22939
- Price: $479,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,233
- See 49 Johns Valley Dr, Fishersville, VA 22939 on Redfin.com
313 Springdale Rd, Waynesboro, VA 22980
- Price: $476,863
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,222
- See 313 Springdale Rd, Waynesboro, VA 22980 on Redfin.com
201 Oak Ridge Cir, Staunton, VA 24401
- Price: $499,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,971
- See 201 Oak Ridge Cir, Staunton, VA 24401 on Redfin.com
2035 Lee Jackson Hwy, Staunton, VA 24401
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 3,265
- See 2035 Lee Jackson Hwy, Staunton, VA 24401 on Redfin.com
5 River Oak Dr, Staunton, VA 24401
- Price: $475,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,753
- See 5 River Oak Dr, Staunton, VA 24401 on Redfin.com
7 Oak View Dr, Staunton, VA 24401
- Price: $484,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,753
- See 7 Oak View Dr, Staunton, VA 24401 on Redfin.com
216 Spring Run Ln, Waynesboro, VA 22980
- Price: $479,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,675
- See 216 Spring Run Ln, Waynesboro, VA 22980 on Redfin.com
81 Roscoe Ln, Mount Sidney, VA 24467
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,660
- See 81 Roscoe Ln, Mount Sidney, VA 24467 on Redfin.com
53 Maury Mill Rd, Verona, VA 24482
- Price: $470,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,560
- See 53 Maury Mill Rd, Verona, VA 24482 on Redfin.com
451 Love Rd, Lyndhurst, VA 22952
- Price: $499,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,372
- See 451 Love Rd, Lyndhurst, VA 22952 on Redfin.com