Market Overview
Home Prices in Henry, VA
The median home value in Henry, VA is $228,307 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.6% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Henry are priced44% below average. Henry is part of the Roanoke, VA metro area.
Over the past five years, Henry home values have risen by approximately26.9%, reflecting strong long-term appreciation in this market.
Price History
Henry Home Price Trend
2020
$150,560
$151K
—
2021
$179,856
$180K
+19.5%
2022
$198,038
$198K
+10.1%
2023
$199,363
$199K
+0.7%
2024
$212,476
$212K
+6.6%
2025
$218,336
$218K
+2.8%
2026
$228,307
$228K
+4.6%
City Comparison
Henry vs. National Median
🏠 Henry
$228,307
National Median
$410,000
At $228,307, homes in Henry cost 44% below the national median of $410,000. This makes Henry a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Henry?
20% Down Payment
$45,661
on $228,307
Monthly P&I
$1,191/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,513/mo
incl. taxes & insurance
Income Needed
$60,520
gross annual (30% rule)
10% Down Option
$22,831
+ PMI applies
Loan Amount (20% dn)
$182,646
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 Henry, VA?
The median home value in Henry is $228,307 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.6% year-over-year.
How much have home prices changed in Henry?
Over the past year, home values in Henry have increased by 4.6%. Over five years, prices have risen approximately 26.9%.
How much do I need to earn to buy a home in Henry?
To comfortably afford the median home price of $228,307 with a 20% down payment ($45,661) at today's rates (6.8%), you'd need a gross annual income of approximately $60,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Henry compare to the national average home price?
The national median home value is approximately $410,000. At $228,307, homes in Henry are 44% below the national average.
What metro area is Henry part of?
Henry is part of the Roanoke, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.