Market Overview
Home Prices in Rappahannock Academy, VA
The median home value in Rappahannock Academy, VA is $512,474 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and down 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rappahannock Academy are priced25% above average.
Over the past five years, Rappahannock Academy home values have risen by approximately15.1%, reflecting steady appreciation in this market.
Price History
Rappahannock Academy Home Price Trend
City Comparison
Rappahannock Academy vs. National Median
At $512,474, homes in Rappahannock Academy cost 25% above the national median of $410,000. Buyers in Rappahannock Academy should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Rappahannock Academy?
20% Down Payment
$102,495
on $512,474
Monthly P&I
$2,673/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,395/mo
incl. taxes & insurance
Income Needed
$135,800
gross annual (30% rule)
10% Down Option
$51,247
+ PMI applies
Loan Amount (20% dn)
$409,979
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 Rappahannock Academy, VA?
The median home value in Rappahannock Academy is $512,474 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Rappahannock Academy?
Over the past year, home values in Rappahannock Academy have increased by 3.2%. Over five years, prices have risen approximately 15.1%.
How much do I need to earn to buy a home in Rappahannock Academy?
To comfortably afford the median home price of $512,474 with a 20% down payment ($102,495) at today's rates (6.8%), you'd need a gross annual income of approximately $135,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Rappahannock Academy compare to the national average home price?
The national median home value is approximately $410,000. At $512,474, homes in Rappahannock Academy are 25% above the national average.