Market Overview
Home Prices in Ivanhoe, VA
The median home value in Ivanhoe, VA is $143,421 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.9% compared to a year ago and down 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ivanhoe are priced65% below average.
Over the past five years, Ivanhoe home values have risen by approximately10.9%, reflecting steady appreciation in this market.
Price History
Ivanhoe Home Price Trend
2020
$105,527
$106K
—
2021
$129,284
$129K
+22.5%
2022
$141,070
$141K
+9.1%
2023
$132,579
$133K
-6.0%
2024
$143,762
$144K
+8.4%
2025
$135,478
$135K
-5.8%
2026
$143,421
$143K
+5.9%
City Comparison
Ivanhoe vs. National Median
🏠 Ivanhoe
$143,421
National Median
$410,000
At $143,421, homes in Ivanhoe cost 65% below the national median of $410,000. This makes Ivanhoe a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ivanhoe?
20% Down Payment
$28,684
on $143,421
Monthly P&I
$748/mo
30-yr @ 6.8%
Total Monthly Est.
~$950/mo
incl. taxes & insurance
Income Needed
$38,000
gross annual (30% rule)
10% Down Option
$14,342
+ PMI applies
Loan Amount (20% dn)
$114,737
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 Ivanhoe, VA?
The median home value in Ivanhoe is $143,421 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.9% year-over-year.
How much have home prices changed in Ivanhoe?
Over the past year, home values in Ivanhoe have increased by 5.9%. Over five years, prices have risen approximately 10.9%.
How much do I need to earn to buy a home in Ivanhoe?
To comfortably afford the median home price of $143,421 with a 20% down payment ($28,684) at today's rates (6.8%), you'd need a gross annual income of approximately $38,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Ivanhoe compare to the national average home price?
The national median home value is approximately $410,000. At $143,421, homes in Ivanhoe are 65% below the national average.