Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$562,284+3.0% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 28% have cut their price
Income needed to buy, per year$121,892About 1.2× the local median income ($104,104): a stretch for a typical household
Days on market57 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.6%Zillow expects prices to rise slightly
The typical home in Clarke County, VA is worth $562,284, up 3.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $490,373, so the area is 14.7% overvalued. It is a buyer's market: homes take about 57 days to sell, listings are up 64% from a year ago, 28% of listings have had a price cut. Zillow expects prices to rise about 0.6% over the next year. A household needs about $121,892 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 $104,104. Typical rent is $1,725 a month, or $2,301 for a house. In the latest IRS figures, 229 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
$562,284
Change in 1 year
+3.0%
Overvalued %
+14.7%
Show 7 more
Fair home value
$490,373
Change in 5 years
+20.9%
Zillow forecast, next 12 months
+0.6%
Home value to income
5.4×
Monthly mortgage payment (20% down)
$3,047
Income needed to afford it
$121,892
Property tax rate
0.48%
Rent and investing
Typical rent
$1,725
Typical rent for houses
$2,301
Price-to-rent ratio
27.2×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,438
Gross rental yield
3.68%
Cap rate (estimate)
2.39%
Market activity
Listings vs a year ago
+63.6%
Days on market
57
Listings with a price cut
28.0%
Show 3 more
Homes for sale
72
Pending sales per 100 listings
19
Asking price per sq ft
$279
People and jobs
Median household income
$104,104
Population change (1 year)
−0.1%
Unemployment rate
2.7%
Show 4 more
Population
15,609
Income adjusted for cost of living
$95,596
Net moves in (IRS)
+229
Cost of living (US = 100)
108.9
Schools, risk and environment
School rating (1 to 10)
3.9
FEMA hazard risk score (0 to 100)
6.9
Flood risk score
16.6
Show 3 more
Wildfire risk score
33.0
Walkability (1 to 20)
5.8
Road, rail and air noise
54 dB
Questions people ask
Is Clarke County, VA overvalued?
Home prices in Clarke County, VA are well above what local incomes have historically supported: fair value is about $490,373, so the area is 14.7% overvalued.
Is Clarke County, VA a buyer's or seller's market?
Clarke County, VA is a buyer's market: homes take about 57 days to sell, listings are up 64% from a year ago, 28% of listings have had a price cut.
Are home prices going down in Clarke County, VA?
Home values in Clarke County, VA are up 3.0% over the last year. Zillow's forecast for the next 12 months is +0.6%.
How much do you need to earn to buy a home in Clarke County, VA?
A household needs about $121,892 a year to afford the typical home in Clarke County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $104,104.