Market Overview
Home Prices in Fincastle, VA
The median home value in Fincastle, VA is $336,809 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.5% 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 Fincastle are priced18% below average. Fincastle is part of the Roanoke, VA metro area.
Over the past five years, Fincastle home values have risen by approximately22.4%, reflecting strong long-term appreciation in this market.
Price History
Fincastle Home Price Trend
City Comparison
Fincastle vs. National Median
At $336,809, homes in Fincastle cost 18% below the national median of $410,000. This makes Fincastle a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fincastle?
20% Down Payment
$67,362
on $336,809
Monthly P&I
$1,757/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,231/mo
incl. taxes & insurance
Income Needed
$89,240
gross annual (30% rule)
10% Down Option
$33,681
+ PMI applies
Loan Amount (20% dn)
$269,447
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 Fincastle, VA?
The median home value in Fincastle is $336,809 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.5% year-over-year.
How much have home prices changed in Fincastle?
Over the past year, home values in Fincastle have increased by 6.5%. Over five years, prices have risen approximately 22.4%.
How much do I need to earn to buy a home in Fincastle?
To comfortably afford the median home price of $336,809 with a 20% down payment ($67,362) at today's rates (6.8%), you'd need a gross annual income of approximately $89,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Fincastle compare to the national average home price?
The national median home value is approximately $410,000. At $336,809, homes in Fincastle are 18% below the national average.
What metro area is Fincastle part of?
Fincastle is part of the Roanoke, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.