Market Overview
Home Prices in McDowell, VA
The median home value in McDowell, VA is $317,935 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.9% compared to a year ago and up 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in McDowell are priced22% below average.
Over the past five years, McDowell home values have risen by approximately29.8%, reflecting strong long-term appreciation in this market.
Price History
McDowell Home Price Trend
2020
$207,247
$207K
—
2021
$244,895
$245K
+18.2%
2022
$273,150
$273K
+11.5%
2023
$279,272
$279K
+2.2%
2024
$305,693
$306K
+9.5%
2025
$305,873
$306K
+0.1%
2026
$317,935
$318K
+3.9%
City Comparison
McDowell vs. National Median
🏠 McDowell
$317,935
National Median
$410,000
At $317,935, homes in McDowell cost 22% below the national median of $410,000. This makes McDowell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in McDowell?
20% Down Payment
$63,587
on $317,935
Monthly P&I
$1,658/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,106/mo
incl. taxes & insurance
Income Needed
$84,240
gross annual (30% rule)
10% Down Option
$31,794
+ PMI applies
Loan Amount (20% dn)
$254,348
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 McDowell, VA?
The median home value in McDowell is $317,935 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.9% year-over-year.
How much have home prices changed in McDowell?
Over the past year, home values in McDowell have increased by 3.9%. Over five years, prices have risen approximately 29.8%.
How much do I need to earn to buy a home in McDowell?
To comfortably afford the median home price of $317,935 with a 20% down payment ($63,587) at today's rates (6.8%), you'd need a gross annual income of approximately $84,240. This assumes keeping total housing costs at or below 30% of gross income.
How does McDowell compare to the national average home price?
The national median home value is approximately $410,000. At $317,935, homes in McDowell are 22% below the national average.