Market Overview
Home Prices in Pounding Mill, VA
The median home value in Pounding Mill, VA is $146,183 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and down 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pounding Mill are priced64% below average. Pounding Mill is part of the Bluefield, WV-VA metro area.
Over the past five years, Pounding Mill home values have risen by approximately20.9%, reflecting strong long-term appreciation in this market.
Price History
Pounding Mill Home Price Trend
City Comparison
Pounding Mill vs. National Median
At $146,183, homes in Pounding Mill cost 64% below the national median of $410,000. This makes Pounding Mill a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pounding Mill?
20% Down Payment
$29,237
on $146,183
Monthly P&I
$762/mo
30-yr @ 6.8%
Total Monthly Est.
~$968/mo
incl. taxes & insurance
Income Needed
$38,720
gross annual (30% rule)
10% Down Option
$14,618
+ PMI applies
Loan Amount (20% dn)
$116,946
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 Pounding Mill, VA?
The median home value in Pounding Mill is $146,183 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Pounding Mill?
Over the past year, home values in Pounding Mill have increased by 0.9%. Over five years, prices have risen approximately 20.9%.
How much do I need to earn to buy a home in Pounding Mill?
To comfortably afford the median home price of $146,183 with a 20% down payment ($29,237) at today's rates (6.8%), you'd need a gross annual income of approximately $38,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Pounding Mill compare to the national average home price?
The national median home value is approximately $410,000. At $146,183, homes in Pounding Mill are 64% below the national average.
What metro area is Pounding Mill part of?
Pounding Mill is part of the Bluefield, WV-VA metropolitan area. Home prices and market conditions can vary across the broader metro region.