Market Overview
Home Prices in Hayes, VA
The median home value in Hayes, VA is $374,373 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hayes are priced9% below average. Hayes is part of the Virginia Beach-Norfolk-Newport News, VA-NC metro area.
Over the past five years, Hayes home values have risen by approximately27.7%, reflecting strong long-term appreciation in this market.
Price History
Hayes Home Price Trend
City Comparison
Hayes vs. National Median
At $374,373, homes in Hayes cost 9% below the national median of $410,000. This makes Hayes a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hayes?
20% Down Payment
$74,875
on $374,373
Monthly P&I
$1,953/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,480/mo
incl. taxes & insurance
Income Needed
$99,200
gross annual (30% rule)
10% Down Option
$37,437
+ PMI applies
Loan Amount (20% dn)
$299,498
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 Hayes, VA?
The median home value in Hayes is $374,373 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Hayes?
Over the past year, home values in Hayes have increased by 5%. Over five years, prices have risen approximately 27.7%.
How much do I need to earn to buy a home in Hayes?
To comfortably afford the median home price of $374,373 with a 20% down payment ($74,875) at today's rates (6.8%), you'd need a gross annual income of approximately $99,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Hayes compare to the national average home price?
The national median home value is approximately $410,000. At $374,373, homes in Hayes are 9% below the national average.
What metro area is Hayes part of?
Hayes is part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area. Home prices and market conditions can vary across the broader metro region.