Market Overview
Home Prices in Elliston, VA
The median home value in Elliston, VA is $255,027 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.1% compared to a year ago and up 0% from two years prior.
Compared to the U.S. national median of $410,000, homes in Elliston are priced38% below average. Elliston is part of the Blacksburg-Christiansburg, VA metro area.
Over the past five years, Elliston home values have risen by approximately23.9%, reflecting strong long-term appreciation in this market.
Price History
Elliston Home Price Trend
City Comparison
Elliston vs. National Median
At $255,027, homes in Elliston cost 38% below the national median of $410,000. This makes Elliston a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Elliston?
20% Down Payment
$51,005
on $255,027
Monthly P&I
$1,330/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,689/mo
incl. taxes & insurance
Income Needed
$67,560
gross annual (30% rule)
10% Down Option
$25,503
+ PMI applies
Loan Amount (20% dn)
$204,022
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 Elliston, VA?
The median home value in Elliston is $255,027 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.1% year-over-year.
How much have home prices changed in Elliston?
Over the past year, home values in Elliston have increased by 3.1%. Over five years, prices have risen approximately 23.9%.
How much do I need to earn to buy a home in Elliston?
To comfortably afford the median home price of $255,027 with a 20% down payment ($51,005) at today's rates (6.8%), you'd need a gross annual income of approximately $67,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Elliston compare to the national average home price?
The national median home value is approximately $410,000. At $255,027, homes in Elliston are 38% below the national average.
What metro area is Elliston part of?
Elliston is part of the Blacksburg-Christiansburg, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.