Market Overview
Home Prices in Dillwyn, VA
The median home value in Dillwyn, VA is $261,553 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.4% compared to a year ago and down 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dillwyn are priced36% below average.
Over the past five years, Dillwyn home values have risen by approximately21.3%, reflecting strong long-term appreciation in this market.
Price History
Dillwyn Home Price Trend
2020
$184,199
$184K
—
2021
$215,564
$216K
+17.0%
2022
$234,363
$234K
+8.7%
2023
$233,455
$233K
-0.4%
2024
$248,705
$249K
+6.5%
2025
$248,270
$248K
-0.2%
2026
$261,553
$262K
+5.4%
City Comparison
Dillwyn vs. National Median
🏠 Dillwyn
$261,553
National Median
$410,000
At $261,553, homes in Dillwyn cost 36% below the national median of $410,000. This makes Dillwyn a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dillwyn?
20% Down Payment
$52,311
on $261,553
Monthly P&I
$1,364/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,732/mo
incl. taxes & insurance
Income Needed
$69,280
gross annual (30% rule)
10% Down Option
$26,155
+ PMI applies
Loan Amount (20% dn)
$209,242
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 Dillwyn, VA?
The median home value in Dillwyn is $261,553 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.4% year-over-year.
How much have home prices changed in Dillwyn?
Over the past year, home values in Dillwyn have increased by 5.4%. Over five years, prices have risen approximately 21.3%.
How much do I need to earn to buy a home in Dillwyn?
To comfortably afford the median home price of $261,553 with a 20% down payment ($52,311) at today's rates (6.8%), you'd need a gross annual income of approximately $69,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Dillwyn compare to the national average home price?
The national median home value is approximately $410,000. At $261,553, homes in Dillwyn are 36% below the national average.