Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$144,973+3.6% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$31,427About 0.6× the local median income ($52,238): affordable for a typical household
Days on market65 daysFaster than a year ago: sellers have the edge
The typical home in Tazewell County, VA is worth $144,973, up 3.6% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $147,180, so the area is 1.5% undervalued. It is a balanced market, leaning toward buyers: homes take about 65 days to sell, listings are up 37% from a year ago, 19% of listings have had a price cut. A household needs about $31,427 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 $52,238. In the latest IRS figures, 40 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
$144,973
Change in 1 year
+3.6%
Overvalued %
−1.5%
Show 6 more
Fair home value
$147,180
Change in 5 years
+25.4%
Home value to income
2.8×
Monthly mortgage payment (20% down)
$786
Income needed to afford it
$31,427
Property tax rate
0.61%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$943
Market activity
Listings vs a year ago
+36.7%
Days on market
65
Listings with a price cut
18.9%
Show 3 more
Homes for sale
123
Pending sales per 100 listings
29
Asking price per sq ft
$115
People and jobs
Median household income
$52,238
Population change (1 year)
−0.9%
Unemployment rate
3.8%
Show 4 more
Population
38,635
Income adjusted for cost of living
$59,093
Net moves in (IRS)
+40
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
8.2
FEMA hazard risk score (0 to 100)
60.2
Flood risk score
75.1
Show 3 more
Wildfire risk score
57.7
Walkability (1 to 20)
5.7
Road, rail and air noise
54 dB
Questions people ask
Is Tazewell County, VA overvalued?
Home prices in Tazewell County, VA are slightly below what local incomes have historically supported: fair value is about $147,180, so the area is 1.5% undervalued.
Is Tazewell County, VA a buyer's or seller's market?
Tazewell County, VA is a balanced market, leaning toward buyers: homes take about 65 days to sell, listings are up 37% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Tazewell County, VA?
Home values in Tazewell County, VA are up 3.6% over the last year.
How much do you need to earn to buy a home in Tazewell County, VA?
A household needs about $31,427 a year to afford the typical home in Tazewell County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $52,238.