Market Overview
Home Prices in Blue Ridge, VA
The median home value in Blue Ridge, VA is $323,492 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Blue Ridge are priced21% below average. Blue Ridge is part of the Lynchburg, VA metro area.
Over the past five years, Blue Ridge home values have risen by approximately30.0%, reflecting strong long-term appreciation in this market.
Price History
Blue Ridge Home Price Trend
City Comparison
Blue Ridge vs. National Median
At $323,492, homes in Blue Ridge cost 21% below the national median of $410,000. This makes Blue Ridge a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Blue Ridge?
20% Down Payment
$64,698
on $323,492
Monthly P&I
$1,687/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,142/mo
incl. taxes & insurance
Income Needed
$85,680
gross annual (30% rule)
10% Down Option
$32,349
+ PMI applies
Loan Amount (20% dn)
$258,794
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 Blue Ridge, VA?
The median home value in Blue Ridge is $323,492 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in Blue Ridge?
Over the past year, home values in Blue Ridge have increased by 6.8%. Over five years, prices have risen approximately 30.0%.
How much do I need to earn to buy a home in Blue Ridge?
To comfortably afford the median home price of $323,492 with a 20% down payment ($64,698) at today's rates (6.8%), you'd need a gross annual income of approximately $85,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Blue Ridge compare to the national average home price?
The national median home value is approximately $410,000. At $323,492, homes in Blue Ridge are 21% below the national average.
What metro area is Blue Ridge part of?
Blue Ridge is part of the Lynchburg, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.