Market Overview
Home Prices in Ceres, VA
The median home value in Ceres, VA is $213,764 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 17% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ceres are priced48% below average. Ceres is part of the Bluefield, WV-VA metro area.
Price History
Ceres Home Price Trend
2022
$165,164
$165K
—
2023
$161,948
$162K
-1.9%
2024
$179,794
$180K
+11.0%
2025
$182,671
$183K
+1.6%
2026
$213,764
$214K
+17.0%
City Comparison
Ceres vs. National Median
🏠 Ceres
$213,764
National Median
$410,000
At $213,764, homes in Ceres cost 48% below the national median of $410,000. This makes Ceres a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ceres?
20% Down Payment
$42,753
on $213,764
Monthly P&I
$1,115/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,416/mo
incl. taxes & insurance
Income Needed
$56,640
gross annual (30% rule)
10% Down Option
$21,376
+ PMI applies
Loan Amount (20% dn)
$171,011
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 Ceres, VA?
The median home value in Ceres is $213,764 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 17% year-over-year.
How much have home prices changed in Ceres?
Over the past year, home values in Ceres have increased by 17%.
How much do I need to earn to buy a home in Ceres?
To comfortably afford the median home price of $213,764 with a 20% down payment ($42,753) at today's rates (6.8%), you'd need a gross annual income of approximately $56,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Ceres compare to the national average home price?
The national median home value is approximately $410,000. At $213,764, homes in Ceres are 48% below the national average.
What metro area is Ceres part of?
Ceres is part of the Bluefield, WV-VA metropolitan area. Home prices and market conditions can vary across the broader metro region.