Market Overview
Home Prices in Meherrin, VA
The median home value in Meherrin, VA is $162,973 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and down 10.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Meherrin are priced60% below average.
Over the past five years, Meherrin home values have risen by approximately2.0%, reflecting modest growth in this market.
Price History
Meherrin Home Price Trend
2020
$145,094
$145K
—
2021
$159,795
$160K
+10.1%
2022
$171,760
$172K
+7.5%
2023
$167,258
$167K
-2.6%
2024
$172,892
$173K
+3.4%
2025
$155,258
$155K
-10.2%
2026
$162,973
$163K
+5.0%
City Comparison
Meherrin vs. National Median
🏠 Meherrin
$162,973
National Median
$410,000
At $162,973, homes in Meherrin cost 60% below the national median of $410,000. This makes Meherrin a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Meherrin?
20% Down Payment
$32,595
on $162,973
Monthly P&I
$850/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,080/mo
incl. taxes & insurance
Income Needed
$43,200
gross annual (30% rule)
10% Down Option
$16,297
+ PMI applies
Loan Amount (20% dn)
$130,378
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 Meherrin, VA?
The median home value in Meherrin is $162,973 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Meherrin?
Over the past year, home values in Meherrin have increased by 5%. Over five years, prices have risen approximately 2.0%.
How much do I need to earn to buy a home in Meherrin?
To comfortably afford the median home price of $162,973 with a 20% down payment ($32,595) at today's rates (6.8%), you'd need a gross annual income of approximately $43,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Meherrin compare to the national average home price?
The national median home value is approximately $410,000. At $162,973, homes in Meherrin are 60% below the national average.