Market Overview
Home Prices in Fieldale, VA
The median home value in Fieldale, VA is $110,419 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 11% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fieldale are priced73% below average. Fieldale is part of the Martinsville, VA metro area.
Over the past five years, Fieldale home values have risen by approximately6.7%, reflecting steady appreciation in this market.
Price History
Fieldale Home Price Trend
City Comparison
Fieldale vs. National Median
At $110,419, homes in Fieldale cost 73% below the national median of $410,000. This makes Fieldale a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fieldale?
20% Down Payment
$22,084
on $110,419
Monthly P&I
$576/mo
30-yr @ 6.8%
Total Monthly Est.
~$732/mo
incl. taxes & insurance
Income Needed
$29,280
gross annual (30% rule)
10% Down Option
$11,042
+ PMI applies
Loan Amount (20% dn)
$88,335
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 Fieldale, VA?
The median home value in Fieldale is $110,419 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 11% year-over-year.
How much have home prices changed in Fieldale?
Over the past year, home values in Fieldale have decreased by 11%. Over five years, prices have risen approximately 6.7%.
How much do I need to earn to buy a home in Fieldale?
To comfortably afford the median home price of $110,419 with a 20% down payment ($22,084) at today's rates (6.8%), you'd need a gross annual income of approximately $29,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Fieldale compare to the national average home price?
The national median home value is approximately $410,000. At $110,419, homes in Fieldale are 73% below the national average.
What metro area is Fieldale part of?
Fieldale is part of the Martinsville, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.