Market Overview
Home Prices in Gladys, VA
The median home value in Gladys, VA is $220,472 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and down 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gladys are priced46% below average. Gladys is part of the Lynchburg, VA metro area.
Over the past five years, Gladys home values have risen by approximately24.9%, reflecting strong long-term appreciation in this market.
Price History
Gladys Home Price Trend
City Comparison
Gladys vs. National Median
At $220,472, homes in Gladys cost 46% below the national median of $410,000. This makes Gladys a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gladys?
20% Down Payment
$44,094
on $220,472
Monthly P&I
$1,150/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,461/mo
incl. taxes & insurance
Income Needed
$58,440
gross annual (30% rule)
10% Down Option
$22,047
+ PMI applies
Loan Amount (20% dn)
$176,378
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 Gladys, VA?
The median home value in Gladys is $220,472 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Gladys?
Over the past year, home values in Gladys have increased by 3.6%. Over five years, prices have risen approximately 24.9%.
How much do I need to earn to buy a home in Gladys?
To comfortably afford the median home price of $220,472 with a 20% down payment ($44,094) at today's rates (6.8%), you'd need a gross annual income of approximately $58,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Gladys compare to the national average home price?
The national median home value is approximately $410,000. At $220,472, homes in Gladys are 46% below the national average.
What metro area is Gladys part of?
Gladys is part of the Lynchburg, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.