Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$314,985+4.5% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 30% have cut their price
Income needed to buy, per year$68,282About 0.7× the local median income ($92,407): affordable for a typical household
Days on market65 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.8%Zillow expects prices to rise slightly
The typical home in Botetourt County, VA is worth $314,985, up 4.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $312,404, so the area is 0.8% overvalued. It is a balanced market, leaning toward buyers: homes take about 65 days to sell, listings are up 41% from a year ago, 30% of listings have had a price cut. Zillow expects prices to rise about 2.8% over the next year. A household needs about $68,282 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $92,407. Typical rent is $1,759 a month, or $2,167 for a house. In the latest IRS figures, 138 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$314,985
Change in 1 year
+4.5%
Overvalued %
+0.8%
Show 7 more
Fair home value
$312,404
Change in 5 years
+21.8%
Zillow forecast, next 12 months
+2.8%
Home value to income
3.4×
Monthly mortgage payment (20% down)
$1,707
Income needed to afford it
$68,282
Property tax rate
0.64%
Rent and investing
Typical rent
$1,759
Typical rent for houses
$2,167
Price-to-rent ratio
14.9×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,464
Gross rental yield
6.70%
Cap rate (estimate)
4.36%
Market activity
Listings vs a year ago
+40.6%
Days on market
65
Listings with a price cut
29.6%
Show 3 more
Homes for sale
135
Pending sales per 100 listings
27
Asking price per sq ft
$188
People and jobs
Median household income
$92,407
Population change (1 year)
+0.3%
Unemployment rate
2.4%
Show 4 more
Population
34,144
Income adjusted for cost of living
$98,725
Net moves in (IRS)
+138
Cost of living (US = 100)
93.6
Schools, risk and environment
School rating (1 to 10)
8.3
FEMA hazard risk score (0 to 100)
18.1
Flood risk score
42.4
Show 3 more
Wildfire risk score
25.1
Walkability (1 to 20)
5.3
Road, rail and air noise
54 dB
Questions people ask
Is Botetourt County, VA overvalued?
Home prices in Botetourt County, VA are slightly above what local incomes have historically supported: fair value is about $312,404, so the area is 0.8% overvalued.
Is Botetourt County, VA a buyer's or seller's market?
Botetourt County, VA is a balanced market, leaning toward buyers: homes take about 65 days to sell, listings are up 41% from a year ago, 30% of listings have had a price cut.
Are home prices going down in Botetourt County, VA?
Home values in Botetourt County, VA are up 4.5% over the last year. Zillow's forecast for the next 12 months is +2.8%.
How much do you need to earn to buy a home in Botetourt County, VA?
A household needs about $68,282 a year to afford the typical home in Botetourt County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $92,407.