Market Overview
Home Prices in Jarratt, VA
The median home value in Jarratt, VA is $174,695 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 4.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jarratt are priced57% below average. Jarratt is part of the Richmond, VA metro area.
Over the past five years, Jarratt home values have risen by approximately35.0%, reflecting strong long-term appreciation in this market.
Price History
Jarratt Home Price Trend
City Comparison
Jarratt vs. National Median
At $174,695, homes in Jarratt cost 57% below the national median of $410,000. This makes Jarratt a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jarratt?
20% Down Payment
$34,939
on $174,695
Monthly P&I
$911/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,157/mo
incl. taxes & insurance
Income Needed
$46,280
gross annual (30% rule)
10% Down Option
$17,470
+ PMI applies
Loan Amount (20% dn)
$139,756
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 Jarratt, VA?
The median home value in Jarratt is $174,695 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Jarratt?
Over the past year, home values in Jarratt have increased by 3.6%. Over five years, prices have risen approximately 35.0%.
How much do I need to earn to buy a home in Jarratt?
To comfortably afford the median home price of $174,695 with a 20% down payment ($34,939) at today's rates (6.8%), you'd need a gross annual income of approximately $46,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Jarratt compare to the national average home price?
The national median home value is approximately $410,000. At $174,695, homes in Jarratt are 57% below the national average.
What metro area is Jarratt part of?
Jarratt is part of the Richmond, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.