Market Overview
Home Prices in Highland Springs, VA
The median home value in Highland Springs, VA is $262,981 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.9% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Highland Springs are priced36% below average. Highland Springs is part of the Richmond, VA metro area.
Over the past five years, Highland Springs home values have risen by approximately44.2%, reflecting strong long-term appreciation in this market.
Price History
Highland Springs Home Price Trend
City Comparison
Highland Springs vs. National Median
At $262,981, homes in Highland Springs cost 36% below the national median of $410,000. This makes Highland Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Highland Springs?
20% Down Payment
$52,596
on $262,981
Monthly P&I
$1,372/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,742/mo
incl. taxes & insurance
Income Needed
$69,680
gross annual (30% rule)
10% Down Option
$26,298
+ PMI applies
Loan Amount (20% dn)
$210,385
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 Highland Springs, VA?
The median home value in Highland Springs is $262,981 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.9% year-over-year.
How much have home prices changed in Highland Springs?
Over the past year, home values in Highland Springs have increased by 1.9%. Over five years, prices have risen approximately 44.2%.
How much do I need to earn to buy a home in Highland Springs?
To comfortably afford the median home price of $262,981 with a 20% down payment ($52,596) at today's rates (6.8%), you'd need a gross annual income of approximately $69,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Highland Springs compare to the national average home price?
The national median home value is approximately $410,000. At $262,981, homes in Highland Springs are 36% below the national average.
What metro area is Highland Springs part of?
Highland Springs is part of the Richmond, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.