Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$361,245+2.1% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$78,310About 1.0× the local median income ($81,772): affordable for a typical household
Days on market51 daysFaster than a year ago: sellers have the edge
Next 12 months+3.2%Zillow expects prices to rise slightly
The typical home in Rockingham County, VA is worth $361,245, up 2.1% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $340,149, so the area is 6.2% overvalued. It is a balanced market: homes take about 51 days to sell, listings are up 15% from a year ago, 17% of listings have had a price cut. Zillow expects prices to rise about 3.2% over the next year. A household needs about $78,310 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 $81,772. Typical rent is $1,806 a month, or $1,943 for a house. In the latest IRS figures, 966 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
$361,245
Change in 1 year
+2.1%
Overvalued %
+6.2%
Show 7 more
Fair home value
$340,149
Change in 5 years
+28.6%
Zillow forecast, next 12 months
+3.2%
Home value to income
4.4×
Monthly mortgage payment (20% down)
$1,958
Income needed to afford it
$78,310
Property tax rate
0.53%
Rent and investing
Typical rent
$1,806
Typical rent for houses
$1,943
Price-to-rent ratio
16.7×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,264
Gross rental yield
6.00%
Cap rate (estimate)
3.90%
Market activity
Listings vs a year ago
+14.9%
Days on market
51
Listings with a price cut
17.0%
Show 3 more
Homes for sale
200
Pending sales per 100 listings
61
Asking price per sq ft
$210
People and jobs
Median household income
$81,772
Population change (1 year)
+1.1%
Unemployment rate
2.7%
Show 4 more
Population
89,316
Income adjusted for cost of living
$86,166
Net moves in (IRS)
+966
Cost of living (US = 100)
94.9
Schools, risk and environment
School rating (1 to 10)
5.5
FEMA hazard risk score (0 to 100)
75.0
Unhealthy air days a year
0
Show 4 more
Flood risk score
84.6
Wildfire risk score
64.4
Walkability (1 to 20)
5.2
Road, rail and air noise
54 dB
Questions people ask
Is Rockingham County, VA overvalued?
Home prices in Rockingham County, VA are slightly above what local incomes have historically supported: fair value is about $340,149, so the area is 6.2% overvalued.
Is Rockingham County, VA a buyer's or seller's market?
Rockingham County, VA is a balanced market: homes take about 51 days to sell, listings are up 15% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Rockingham County, VA?
Home values in Rockingham County, VA are up 2.1% over the last year. Zillow's forecast for the next 12 months is +3.2%.
How much do you need to earn to buy a home in Rockingham County, VA?
A household needs about $78,310 a year to afford the typical home in Rockingham County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $81,772.