Market Overview
Home Prices in McKenney, VA
The median home value in McKenney, VA is $275,733 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in McKenney are priced33% below average. McKenney is part of the Richmond, VA metro area.
Over the past five years, McKenney home values have risen by approximately46.0%, reflecting strong long-term appreciation in this market.
Price History
McKenney Home Price Trend
City Comparison
McKenney vs. National Median
At $275,733, homes in McKenney cost 33% below the national median of $410,000. This makes McKenney a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in McKenney?
20% Down Payment
$55,147
on $275,733
Monthly P&I
$1,438/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,826/mo
incl. taxes & insurance
Income Needed
$73,040
gross annual (30% rule)
10% Down Option
$27,573
+ PMI applies
Loan Amount (20% dn)
$220,586
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 McKenney, VA?
The median home value in McKenney is $275,733 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in McKenney?
Over the past year, home values in McKenney have increased by 5.5%. Over five years, prices have risen approximately 46.0%.
How much do I need to earn to buy a home in McKenney?
To comfortably afford the median home price of $275,733 with a 20% down payment ($55,147) at today's rates (6.8%), you'd need a gross annual income of approximately $73,040. This assumes keeping total housing costs at or below 30% of gross income.
How does McKenney compare to the national average home price?
The national median home value is approximately $410,000. At $275,733, homes in McKenney are 33% below the national average.
What metro area is McKenney part of?
McKenney is part of the Richmond, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.