Market Overview
Home Prices in Eagle Rock, VA
The median home value in Eagle Rock, VA is $145,672 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.2% compared to a year ago and down 9.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Eagle Rock are priced64% below average. Eagle Rock is part of the Roanoke, VA metro area.
Over the past five years, Eagle Rock home values have fallen by approximately5.4%, reflecting softening conditions in this market.
Price History
Eagle Rock Home Price Trend
City Comparison
Eagle Rock vs. National Median
At $145,672, homes in Eagle Rock cost 64% below the national median of $410,000. This makes Eagle Rock a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Eagle Rock?
20% Down Payment
$29,134
on $145,672
Monthly P&I
$760/mo
30-yr @ 6.8%
Total Monthly Est.
~$965/mo
incl. taxes & insurance
Income Needed
$38,600
gross annual (30% rule)
10% Down Option
$14,567
+ PMI applies
Loan Amount (20% dn)
$116,538
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 Eagle Rock, VA?
The median home value in Eagle Rock is $145,672 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.2% year-over-year.
How much have home prices changed in Eagle Rock?
Over the past year, home values in Eagle Rock have increased by 7.2%. Over five years, prices have fallen approximately 5.4%.
How much do I need to earn to buy a home in Eagle Rock?
To comfortably afford the median home price of $145,672 with a 20% down payment ($29,134) at today's rates (6.8%), you'd need a gross annual income of approximately $38,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Eagle Rock compare to the national average home price?
The national median home value is approximately $410,000. At $145,672, homes in Eagle Rock are 64% below the national average.
What metro area is Eagle Rock part of?
Eagle Rock is part of the Roanoke, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.