Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$265,800+3.5% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 14% have cut their price
Income needed to buy, per year$57,620About 1.1× the local median income ($53,268): a stretch for a typical household
Days on market57 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.5%Zillow expects prices to rise slightly
The typical home in Radford City, VA is worth $265,800, up 3.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $250,721, so the area is 6.0% overvalued. It is a balanced market, leaning toward buyers: homes take about 57 days to sell, listings are up 48% from a year ago, 14% of listings have had a price cut. Zillow expects prices to rise about 2.5% over the next year. A household needs about $57,620 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 $53,268. Typical rent is $1,248 a month, or $1,353 for a house. In the latest IRS figures, 187 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
$265,800
Change in 1 year
+3.5%
Overvalued %
+6.0%
Show 7 more
Fair home value
$250,721
Change in 5 years
+20.4%
Zillow forecast, next 12 months
+2.5%
Home value to income
5.0×
Monthly mortgage payment (20% down)
$1,440
Income needed to afford it
$57,620
Property tax rate
0.72%
Rent and investing
Typical rent
$1,248
Typical rent for houses
$1,353
Price-to-rent ratio
17.7×
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HUD Fair Market Rent, 2 bedrooms
$1,340
Gross rental yield
5.64%
Cap rate (estimate)
3.66%
Market activity
Listings vs a year ago
+48.0%
Days on market
57
Listings with a price cut
14.0%
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Homes for sale
37
Pending sales per 100 listings
32
Asking price per sq ft
$175
People and jobs
Median household income
$53,268
Population change (1 year)
+0.0%
Unemployment rate
8.1%
Show 4 more
Population
17,243
Income adjusted for cost of living
$57,463
Net moves in (IRS)
+187
Cost of living (US = 100)
92.7
Schools, risk and environment
School rating (1 to 10)
7.8
FEMA hazard risk score (0 to 100)
2.6
Flood risk score
11.4
Show 3 more
Wildfire risk score
2.7
Walkability (1 to 20)
11.4
Road, rail and air noise
52 dB
Questions people ask
Is Radford City, VA overvalued?
Home prices in Radford City, VA are slightly above what local incomes have historically supported: fair value is about $250,721, so the area is 6.0% overvalued.
Is Radford City, VA a buyer's or seller's market?
Radford City, VA is a balanced market, leaning toward buyers: homes take about 57 days to sell, listings are up 48% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Radford City, VA?
Home values in Radford City, VA are up 3.5% over the last year. Zillow's forecast for the next 12 months is +2.5%.
How much do you need to earn to buy a home in Radford City, VA?
A household needs about $57,620 a year to afford the typical home in Radford City, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,268.