Market Overview
Home Prices in Free Union, VA
The median home value in Free Union, VA is $598,128 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Free Union are priced46% above average. Free Union is part of the Charlottesville, VA metro area.
Over the past five years, Free Union home values have risen by approximately24.9%, reflecting strong long-term appreciation in this market.
Price History
Free Union Home Price Trend
City Comparison
Free Union vs. National Median
At $598,128, homes in Free Union cost 46% above the national median of $410,000. Buyers in Free Union should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Free Union?
20% Down Payment
$119,626
on $598,128
Monthly P&I
$3,119/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,961/mo
incl. taxes & insurance
Income Needed
$158,440
gross annual (30% rule)
10% Down Option
$59,813
+ PMI applies
Loan Amount (20% dn)
$478,502
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 Free Union, VA?
The median home value in Free Union is $598,128 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Free Union?
Over the past year, home values in Free Union have increased by 1.5%. Over five years, prices have risen approximately 24.9%.
How much do I need to earn to buy a home in Free Union?
To comfortably afford the median home price of $598,128 with a 20% down payment ($119,626) at today's rates (6.8%), you'd need a gross annual income of approximately $158,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Free Union compare to the national average home price?
The national median home value is approximately $410,000. At $598,128, homes in Free Union are 46% above the national average.
What metro area is Free Union part of?
Free Union is part of the Charlottesville, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.