Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$207,245+5.5% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$44,926About 0.9× the local median income ($52,291): affordable for a typical household
Days on market82 daysSlower than a year ago: buyers have time to negotiate
The typical home in Grayson County, VA is worth $207,245, up 5.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $186,484, so the area is 11.1% overvalued. It is a buyer's market: homes take about 82 days to sell, listings are up 32% from a year ago, 25% of listings have had a price cut. A household needs about $44,926 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 $52,291. In the latest IRS figures, 131 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
$207,245
Change in 1 year
+5.5%
Overvalued %
+11.1%
Show 6 more
Fair home value
$186,484
Change in 5 years
+31.0%
Home value to income
4.0×
Monthly mortgage payment (20% down)
$1,123
Income needed to afford it
$44,926
Property tax rate
0.56%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$943
Market activity
Listings vs a year ago
+31.7%
Days on market
82
Listings with a price cut
25.2%
Show 3 more
Homes for sale
79
Pending sales per 100 listings
18
Asking price per sq ft
$183
People and jobs
Median household income
$52,291
Population change (1 year)
−0.7%
Unemployment rate
3.6%
Show 4 more
Population
15,230
Income adjusted for cost of living
$59,153
Net moves in (IRS)
+131
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
7.4
FEMA hazard risk score (0 to 100)
24.7
Flood risk score
28.4
Show 3 more
Wildfire risk score
45.6
Walkability (1 to 20)
4.5
Road, rail and air noise
53 dB
Questions people ask
Is Grayson County, VA overvalued?
Home prices in Grayson County, VA are well above what local incomes have historically supported: fair value is about $186,484, so the area is 11.1% overvalued.
Is Grayson County, VA a buyer's or seller's market?
Grayson County, VA is a buyer's market: homes take about 82 days to sell, listings are up 32% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Grayson County, VA?
Home values in Grayson County, VA are up 5.5% over the last year.
How much do you need to earn to buy a home in Grayson County, VA?
A household needs about $44,926 a year to afford the typical home in Grayson County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $52,291.