Market Overview
Home Prices in Providence Forge, VA
The median home value in Providence Forge, VA is $446,845 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Providence Forge are priced9% above average. Providence Forge is part of the Richmond, VA metro area.
Over the past five years, Providence Forge home values have risen by approximately27.5%, reflecting strong long-term appreciation in this market.
Price History
Providence Forge Home Price Trend
City Comparison
Providence Forge vs. National Median
At $446,845, homes in Providence Forge cost 9% above the national median of $410,000. Buyers in Providence Forge should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Providence Forge?
20% Down Payment
$89,369
on $446,845
Monthly P&I
$2,330/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,959/mo
incl. taxes & insurance
Income Needed
$118,360
gross annual (30% rule)
10% Down Option
$44,685
+ PMI applies
Loan Amount (20% dn)
$357,476
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 Providence Forge, VA?
The median home value in Providence Forge is $446,845 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Providence Forge?
Over the past year, home values in Providence Forge have increased by 3.6%. Over five years, prices have risen approximately 27.5%.
How much do I need to earn to buy a home in Providence Forge?
To comfortably afford the median home price of $446,845 with a 20% down payment ($89,369) at today's rates (6.8%), you'd need a gross annual income of approximately $118,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Providence Forge compare to the national average home price?
The national median home value is approximately $410,000. At $446,845, homes in Providence Forge are 9% above the national average.
What metro area is Providence Forge part of?
Providence Forge is part of the Richmond, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.