Market Overview
Home Prices in Austinville, VA
The median home value in Austinville, VA is $164,778 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.1% compared to a year ago and down 8.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Austinville are priced60% below average.
Over the past five years, Austinville home values have risen by approximately18.7%, reflecting steady appreciation in this market.
Price History
Austinville Home Price Trend
2020
$118,936
$119K
—
2021
$138,845
$139K
+16.7%
2022
$153,820
$154K
+10.8%
2023
$155,938
$156K
+1.4%
2024
$165,829
$166K
+6.3%
2025
$151,045
$151K
-8.9%
2026
$164,778
$165K
+9.1%
City Comparison
Austinville vs. National Median
🏠 Austinville
$164,778
National Median
$410,000
At $164,778, homes in Austinville cost 60% below the national median of $410,000. This makes Austinville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Austinville?
20% Down Payment
$32,956
on $164,778
Monthly P&I
$859/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,091/mo
incl. taxes & insurance
Income Needed
$43,640
gross annual (30% rule)
10% Down Option
$16,478
+ PMI applies
Loan Amount (20% dn)
$131,822
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Austinville, VA?
The median home value in Austinville is $164,778 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.1% year-over-year.
How much have home prices changed in Austinville?
Over the past year, home values in Austinville have increased by 9.1%. Over five years, prices have risen approximately 18.7%.
How much do I need to earn to buy a home in Austinville?
To comfortably afford the median home price of $164,778 with a 20% down payment ($32,956) at today's rates (6.8%), you'd need a gross annual income of approximately $43,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Austinville compare to the national average home price?
The national median home value is approximately $410,000. At $164,778, homes in Austinville are 60% below the national average.