Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$394,470+3.0% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$85,513About 1.0× the local median income ($85,203): a stretch for a typical household
Days on market58 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.6%Zillow expects prices to rise slightly
The typical home in Warren County, VA is worth $394,470, up 3.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $328,135, so the area is 20.2% overvalued. It is a buyer's market: homes take about 58 days to sell, listings are up 48% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 0.6% over the next year. A household needs about $85,513 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 $85,203. Typical rent is $2,004 a month, or $2,674 for a house. In the latest IRS figures, 378 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
$394,470
Change in 1 year
+3.0%
Overvalued %
+20.2%
Show 7 more
Fair home value
$328,135
Change in 5 years
+28.0%
Zillow forecast, next 12 months
+0.6%
Home value to income
4.6×
Monthly mortgage payment (20% down)
$2,138
Income needed to afford it
$85,513
Property tax rate
0.52%
Rent and investing
Typical rent
$2,004
Typical rent for houses
$2,674
Price-to-rent ratio
16.4×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,449
Gross rental yield
6.10%
Cap rate (estimate)
3.96%
Market activity
Listings vs a year ago
+47.7%
Days on market
58
Listings with a price cut
25.2%
Show 3 more
Homes for sale
223
Pending sales per 100 listings
31
Asking price per sq ft
$252
People and jobs
Median household income
$85,203
Population change (1 year)
+0.6%
Unemployment rate
4.9%
Show 4 more
Population
42,740
Income adjusted for cost of living
$78,240
Net moves in (IRS)
+378
Cost of living (US = 100)
108.9
Schools, risk and environment
School rating (1 to 10)
4.3
FEMA hazard risk score (0 to 100)
31.6
Flood risk score
55.7
Show 3 more
Wildfire risk score
36.4
Walkability (1 to 20)
6.4
Road, rail and air noise
53 dB
Questions people ask
Is Warren County, VA overvalued?
Home prices in Warren County, VA are well above what local incomes have historically supported: fair value is about $328,135, so the area is 20.2% overvalued.
Is Warren County, VA a buyer's or seller's market?
Warren County, VA is a buyer's market: homes take about 58 days to sell, listings are up 48% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Warren County, VA?
Home values in Warren County, VA are up 3.0% over the last year. Zillow's forecast for the next 12 months is +0.6%.
How much do you need to earn to buy a home in Warren County, VA?
A household needs about $85,513 a year to afford the typical home in Warren County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $85,203.