Market Overview
Home Prices in Bracey, VA
The median home value in Bracey, VA is $190,008 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.5% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bracey are priced54% below average.
Over the past five years, Bracey home values have risen by approximately33.6%, reflecting strong long-term appreciation in this market.
Price History
Bracey Home Price Trend
2020
$118,652
$119K
—
2021
$142,180
$142K
+19.8%
2022
$164,768
$165K
+15.9%
2023
$168,002
$168K
+2.0%
2024
$188,381
$188K
+12.1%
2025
$189,012
$189K
+0.3%
2026
$190,008
$190K
+0.5%
City Comparison
Bracey vs. National Median
🏠 Bracey
$190,008
National Median
$410,000
At $190,008, homes in Bracey cost 54% below the national median of $410,000. This makes Bracey a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bracey?
20% Down Payment
$38,002
on $190,008
Monthly P&I
$991/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,259/mo
incl. taxes & insurance
Income Needed
$50,360
gross annual (30% rule)
10% Down Option
$19,001
+ PMI applies
Loan Amount (20% dn)
$152,006
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 Bracey, VA?
The median home value in Bracey is $190,008 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.5% year-over-year.
How much have home prices changed in Bracey?
Over the past year, home values in Bracey have increased by 0.5%. Over five years, prices have risen approximately 33.6%.
How much do I need to earn to buy a home in Bracey?
To comfortably afford the median home price of $190,008 with a 20% down payment ($38,002) at today's rates (6.8%), you'd need a gross annual income of approximately $50,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Bracey compare to the national average home price?
The national median home value is approximately $410,000. At $190,008, homes in Bracey are 54% below the national average.