Market Overview
Home Prices in Halifax, VA
The median home value in Halifax, VA is $181,885 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.9% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Halifax are priced56% below average.
Over the past five years, Halifax home values have risen by approximately47.6%, reflecting strong long-term appreciation in this market.
Price History
Halifax Home Price Trend
2020
$109,161
$109K
—
2021
$123,243
$123K
+12.9%
2022
$137,777
$138K
+11.8%
2023
$152,608
$153K
+10.8%
2024
$160,177
$160K
+5.0%
2025
$162,568
$163K
+1.5%
2026
$181,885
$182K
+11.9%
City Comparison
Halifax vs. National Median
🏠 Halifax
$181,885
National Median
$410,000
At $181,885, homes in Halifax cost 56% below the national median of $410,000. This makes Halifax a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Halifax?
20% Down Payment
$36,377
on $181,885
Monthly P&I
$949/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,205/mo
incl. taxes & insurance
Income Needed
$48,200
gross annual (30% rule)
10% Down Option
$18,189
+ PMI applies
Loan Amount (20% dn)
$145,508
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 Halifax, VA?
The median home value in Halifax is $181,885 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.9% year-over-year.
How much have home prices changed in Halifax?
Over the past year, home values in Halifax have increased by 11.9%. Over five years, prices have risen approximately 47.6%.
How much do I need to earn to buy a home in Halifax?
To comfortably afford the median home price of $181,885 with a 20% down payment ($36,377) at today's rates (6.8%), you'd need a gross annual income of approximately $48,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Halifax compare to the national average home price?
The national median home value is approximately $410,000. At $181,885, homes in Halifax are 56% below the national average.