Market Overview
Home Prices in Caret, VA
The median home value in Caret, VA is $332,534 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.5% compared to a year ago and up 5.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Caret are priced19% below average.
Over the past five years, Caret home values have risen by approximately40.6%, reflecting strong long-term appreciation in this market.
Price History
Caret Home Price Trend
2020
$193,930
$194K
—
2021
$236,458
$236K
+21.9%
2022
$270,891
$271K
+14.6%
2023
$279,495
$279K
+3.2%
2024
$294,770
$295K
+5.5%
2025
$312,250
$312K
+5.9%
2026
$332,534
$333K
+6.5%
City Comparison
Caret vs. National Median
🏠 Caret
$332,534
National Median
$410,000
At $332,534, homes in Caret cost 19% below the national median of $410,000. This makes Caret a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Caret?
20% Down Payment
$66,507
on $332,534
Monthly P&I
$1,734/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,202/mo
incl. taxes & insurance
Income Needed
$88,080
gross annual (30% rule)
10% Down Option
$33,253
+ PMI applies
Loan Amount (20% dn)
$266,027
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 Caret, VA?
The median home value in Caret is $332,534 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.5% year-over-year.
How much have home prices changed in Caret?
Over the past year, home values in Caret have increased by 6.5%. Over five years, prices have risen approximately 40.6%.
How much do I need to earn to buy a home in Caret?
To comfortably afford the median home price of $332,534 with a 20% down payment ($66,507) at today's rates (6.8%), you'd need a gross annual income of approximately $88,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Caret compare to the national average home price?
The national median home value is approximately $410,000. At $332,534, homes in Caret are 19% below the national average.