Market Overview
Home Prices in Hallwood, VA
The median home value in Hallwood, VA is $151,861 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.9% compared to a year ago and down 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hallwood are priced63% below average.
Price History
Hallwood Home Price Trend
2024
$160,801
$161K
—
2025
$159,713
$160K
-0.7%
2026
$151,861
$152K
-4.9%
City Comparison
Hallwood vs. National Median
🏠 Hallwood
$151,861
National Median
$410,000
At $151,861, homes in Hallwood cost 63% below the national median of $410,000. This makes Hallwood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hallwood?
20% Down Payment
$30,372
on $151,861
Monthly P&I
$792/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,006/mo
incl. taxes & insurance
Income Needed
$40,240
gross annual (30% rule)
10% Down Option
$15,186
+ PMI applies
Loan Amount (20% dn)
$121,489
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 Hallwood, VA?
The median home value in Hallwood is $151,861 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.9% year-over-year.
How much have home prices changed in Hallwood?
Over the past year, home values in Hallwood have decreased by 4.9%.
How much do I need to earn to buy a home in Hallwood?
To comfortably afford the median home price of $151,861 with a 20% down payment ($30,372) at today's rates (6.8%), you'd need a gross annual income of approximately $40,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Hallwood compare to the national average home price?
The national median home value is approximately $410,000. At $151,861, homes in Hallwood are 63% below the national average.