Cities with the most expensive homes in Virginia

Written by:
Stacker
September 24, 2024
ungvar // Shutterstock

Cities with the most expensive homes in Virginia

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $362,143 in August, 2.5% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 19, the 30-year fixed mortgage rate sits at 6.09%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in Virginia using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of August 2024. The charts in this story were created automatically using Matplotlib.

Metros with the most cities in the top 30 in Virginia
#1. Washington-Arlington-Alexandria, DC-VA-MD-WV: 28
#2. Charlottesville, VA: 1
#2. Roanoke, VA: 1

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#30. Nokesville

- Typical home value: $729,569
- 1-year price change: +5.5%
- 5-year price change: +45.8%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#29. Broad Run

- Typical home value: $730,013
- 1-year price change: +4.9%
- 5-year price change: +46.3%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#28. Falls Church

- Typical home value: $742,827
- 1-year price change: +6.1%
- 5-year price change: +32.9%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#27. Fairfax

- Typical home value: $746,874
- 1-year price change: +6.3%
- 5-year price change: +34.6%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#26. Fort Belvoir

- Typical home value: $773,455
- 1-year price change: +5.7%
- 5-year price change: +33.5%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#25. Haymarket

- Typical home value: $789,249
- 1-year price change: +5.6%
- 5-year price change: +45.8%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#24. Chantilly

- Typical home value: $790,631
- 1-year price change: +5.6%
- 5-year price change: +44.2%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#23. Ashburn

- Typical home value: $791,716
- 1-year price change: +5.4%
- 5-year price change: +41.8%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#22. Round Hill

- Typical home value: $792,300
- 1-year price change: +5.2%
- 5-year price change: +46.9%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#21. Arlington

- Typical home value: $796,744
- 1-year price change: +3.9%
- 5-year price change: +20.2%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#20. Hume

- Typical home value: $798,423
- 1-year price change: +4.1%
- 5-year price change: +43.0%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#19. Keswick

- Typical home value: $804,242
- 1-year price change: +7.1%
- 5-year price change: +42.7%
- Metro area: Charlottesville, VA

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#18. Leesburg

- Typical home value: $808,892
- 1-year price change: +5.7%
- 5-year price change: +47.0%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#17. Union Hall

- Typical home value: $810,575
- 1-year price change: +6.0%
- 5-year price change: +75.9%
- Metro area: Roanoke, VA

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#16. Hamilton

- Typical home value: $828,771
- 1-year price change: +5.9%
- 5-year price change: +50.5%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#15. Purcellville

- Typical home value: $851,795
- 1-year price change: +6.1%
- 5-year price change: +48.6%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#14. Delaplane

- Typical home value: $869,189
- 1-year price change: +3.7%
- 5-year price change: +37.7%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#13. The Plains

- Typical home value: $892,649
- 1-year price change: +1.9%
- 5-year price change: +46.6%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#12. Fort Hunt

- Typical home value: $948,093
- 1-year price change: +4.2%
- 5-year price change: +32.3%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#11. Catharpin

- Typical home value: $952,486
- 1-year price change: +6.2%
- 5-year price change: +49.3%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#10. Clifton

- Typical home value: $953,950
- 1-year price change: +6.2%
- 5-year price change: +38.8%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#9. Oakton

- Typical home value: $1,019,243
- 1-year price change: +6.6%
- 5-year price change: +35.3%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#8. Aldie

- Typical home value: $1,039,012
- 1-year price change: +7.6%
- 5-year price change: +55.3%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#7. Middleburg

- Typical home value: $1,059,612
- 1-year price change: +4.7%
- 5-year price change: +48.8%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#6. Vienna

- Typical home value: $1,079,992
- 1-year price change: +6.3%
- 5-year price change: +33.7%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#5. Dunn Loring

- Typical home value: $1,166,013
- 1-year price change: +7.0%
- 5-year price change: +35.5%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#4. Upperville

- Typical home value: $1,221,444
- 1-year price change: +4.0%
- 5-year price change: +40.6%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#3. Waterford

- Typical home value: $1,224,571
- 1-year price change: +6.7%
- 5-year price change: +59.9%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#2. McLean

- Typical home value: $1,329,100
- 1-year price change: +6.8%
- 5-year price change: +35.6%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#1. Great Falls

- Typical home value: $1,559,829
- 1-year price change: +5.0%
- 5-year price change: +45.0%
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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