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Staunton City, VA housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$288,132+3.8% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$62,461About 0.9× the local median income ($66,646): affordable for a typical household
Days on market58 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+4.0%Zillow expects prices to rise slightly

The typical home in Staunton City, VA is worth $288,132, up 3.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $257,826, so the area is 11.8% overvalued. It is a balanced market, leaning toward buyers: homes take about 58 days to sell, listings are up 66% from a year ago, 21% of listings have had a price cut. Zillow expects prices to rise about 4.0% over the next year. A household needs about $62,461 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 $66,646. Typical rent is $1,410 a month, or $1,744 for a house. In the latest IRS figures, 129 more people moved in than out.

Home value over time

$0K$50K$100K$150K$200K$250K19801990200020102020
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$288,132
Change in 1 year+3.8%
Overvalued %+11.8%
Show 7 more
Fair home value$257,826
Change in 5 years+34.5%
Zillow forecast, next 12 months+4.0%
Home value to income4.3×
Monthly mortgage payment (20% down)$1,562
Income needed to afford it$62,461
Property tax rate0.70%

Rent and investing

Typical rent$1,410
Typical rent for houses$1,744
Price-to-rent ratio17.0×
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HUD Fair Market Rent, 2 bedrooms$1,199
Gross rental yield5.87%
Cap rate (estimate)3.82%

Market activity

Listings vs a year ago+65.6%
Days on market58
Listings with a price cut20.8%
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Homes for sale106
Pending sales per 100 listings62
Asking price per sq ft$201

People and jobs

Median household income$66,646
Population change (1 year)+2.1%
Unemployment rate5.3%
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Population26,801
Income adjusted for cost of living$73,157
Net moves in (IRS)+129
Cost of living (US = 100)91.1

Schools, risk and environment

School rating (1 to 10)4.8
FEMA hazard risk score (0 to 100)10.6
Flood risk score30.4
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Wildfire risk score11.2
Walkability (1 to 20)8.5
Road, rail and air noise53 dB

Questions people ask

Is Staunton City, VA overvalued?
Home prices in Staunton City, VA are well above what local incomes have historically supported: fair value is about $257,826, so the area is 11.8% overvalued.
Is Staunton City, VA a buyer's or seller's market?
Staunton City, VA is a balanced market, leaning toward buyers: homes take about 58 days to sell, listings are up 66% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Staunton City, VA?
Home values in Staunton City, VA are up 3.8% over the last year. Zillow's forecast for the next 12 months is +4.0%.
How much do you need to earn to buy a home in Staunton City, VA?
A household needs about $62,461 a year to afford the typical home in Staunton City, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,646.

Nearby and similar counties

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