Market Overview
Home Prices in Laurel Fork, VA
The median home value in Laurel Fork, VA is $224,291 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.9% compared to a year ago and down 11.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Laurel Fork are priced45% below average.
Over the past five years, Laurel Fork home values have risen by approximately26.7%, reflecting strong long-term appreciation in this market.
Price History
Laurel Fork Home Price Trend
2020
$155,911
$156K
—
2021
$177,027
$177K
+13.5%
2022
$203,331
$203K
+14.9%
2023
$205,784
$206K
+1.2%
2024
$223,874
$224K
+8.8%
2025
$198,696
$199K
-11.2%
2026
$224,291
$224K
+12.9%
City Comparison
Laurel Fork vs. National Median
🏠 Laurel Fork
$224,291
National Median
$410,000
At $224,291, homes in Laurel Fork cost 45% below the national median of $410,000. This makes Laurel Fork a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Laurel Fork?
20% Down Payment
$44,858
on $224,291
Monthly P&I
$1,170/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,486/mo
incl. taxes & insurance
Income Needed
$59,440
gross annual (30% rule)
10% Down Option
$22,429
+ PMI applies
Loan Amount (20% dn)
$179,433
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 Laurel Fork, VA?
The median home value in Laurel Fork is $224,291 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.9% year-over-year.
How much have home prices changed in Laurel Fork?
Over the past year, home values in Laurel Fork have increased by 12.9%. Over five years, prices have risen approximately 26.7%.
How much do I need to earn to buy a home in Laurel Fork?
To comfortably afford the median home price of $224,291 with a 20% down payment ($44,858) at today's rates (6.8%), you'd need a gross annual income of approximately $59,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Laurel Fork compare to the national average home price?
The national median home value is approximately $410,000. At $224,291, homes in Laurel Fork are 45% below the national average.