Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$283,985+3.4% YoY · prices are rising fast
Market right nowBalanced marketFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$61,562About 1.1× the local median income ($56,770): a stretch for a typical household
Days on market162 daysSlower than a year ago: buyers have time to negotiate
The typical home in Highland County, VA is worth $283,985, up 3.4% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $261,167, so the area is 8.7% overvalued. It is a balanced market: homes take about 162 days to sell, listings are down 14% from a year ago, 0% of listings have had a price cut. A household needs about $61,562 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 $56,770. In the latest IRS figures, 2 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
$283,985
Change in 1 year
+3.4%
Overvalued %
+8.7%
Show 6 more
Fair home value
$261,167
Change in 5 years
+29.9%
Home value to income
5.0×
Monthly mortgage payment (20% down)
$1,539
Income needed to afford it
$61,562
Property tax rate
0.57%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$943
Market activity
Listings vs a year ago
−14.3%
Days on market
162
Listings with a price cut
0.0%
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Homes for sale
12
Pending sales per 100 listings
17
Asking price per sq ft
$227
People and jobs
Median household income
$56,770
Population change (1 year)
−0.8%
Unemployment rate
11.9%
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Population
2,318
Income adjusted for cost of living
$64,219
Net moves in (IRS)
+2
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
9.0
FEMA hazard risk score (0 to 100)
2.5
Flood risk score
11.7
Show 3 more
Wildfire risk score
13.3
Walkability (1 to 20)
4.9
Road, rail and air noise
53 dB
Questions people ask
Is Highland County, VA overvalued?
Home prices in Highland County, VA are slightly above what local incomes have historically supported: fair value is about $261,167, so the area is 8.7% overvalued.
Is Highland County, VA a buyer's or seller's market?
Highland County, VA is a balanced market: homes take about 162 days to sell, listings are down 14% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Highland County, VA?
Home values in Highland County, VA are up 3.4% over the last year.
How much do you need to earn to buy a home in Highland County, VA?
A household needs about $61,562 a year to afford the typical home in Highland County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,770.