Market Overview
Home Prices in Basye, VA
The median home value in Basye, VA is $344,920 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.3% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Basye are priced16% below average.
Over the past five years, Basye home values have risen by approximately43.4%, reflecting strong long-term appreciation in this market.
Price History
Basye Home Price Trend
2020
$192,080
$192K
—
2021
$240,588
$241K
+25.3%
2022
$288,726
$289K
+20.0%
2023
$309,030
$309K
+7.0%
2024
$332,808
$333K
+7.7%
2025
$337,294
$337K
+1.3%
2026
$344,920
$345K
+2.3%
City Comparison
Basye vs. National Median
🏠 Basye
$344,920
National Median
$410,000
At $344,920, homes in Basye cost 16% below the national median of $410,000. This makes Basye a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Basye?
20% Down Payment
$68,984
on $344,920
Monthly P&I
$1,799/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,285/mo
incl. taxes & insurance
Income Needed
$91,400
gross annual (30% rule)
10% Down Option
$34,492
+ PMI applies
Loan Amount (20% dn)
$275,936
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 Basye, VA?
The median home value in Basye is $344,920 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.3% year-over-year.
How much have home prices changed in Basye?
Over the past year, home values in Basye have increased by 2.3%. Over five years, prices have risen approximately 43.4%.
How much do I need to earn to buy a home in Basye?
To comfortably afford the median home price of $344,920 with a 20% down payment ($68,984) at today's rates (6.8%), you'd need a gross annual income of approximately $91,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Basye compare to the national average home price?
The national median home value is approximately $410,000. At $344,920, homes in Basye are 16% below the national average.