Market Overview
Home Prices in Raven, VA
The median home value in Raven, VA is $91,693 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and down 10.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Raven are priced78% below average. Raven is part of the Bluefield, WV-VA metro area.
Over the past five years, Raven home values have risen by approximately5.4%, reflecting steady appreciation in this market.
Price History
Raven Home Price Trend
2020
$72,966
$73K
—
2021
$86,961
$87K
+19.2%
2022
$89,805
$90K
+3.3%
2023
$96,910
$97K
+7.9%
2024
$100,345
$100K
+3.5%
2025
$89,483
$89K
-10.8%
2026
$91,693
$92K
+2.5%
City Comparison
Raven vs. National Median
🏠 Raven
$91,693
National Median
$410,000
At $91,693, homes in Raven cost 78% below the national median of $410,000. This makes Raven a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Raven?
20% Down Payment
$18,339
on $91,693
Monthly P&I
$478/mo
30-yr @ 6.8%
Total Monthly Est.
~$607/mo
incl. taxes & insurance
Income Needed
$24,280
gross annual (30% rule)
10% Down Option
$9,169
+ PMI applies
Loan Amount (20% dn)
$73,354
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 Raven, VA?
The median home value in Raven is $91,693 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Raven?
Over the past year, home values in Raven have increased by 2.5%. Over five years, prices have risen approximately 5.4%.
How much do I need to earn to buy a home in Raven?
To comfortably afford the median home price of $91,693 with a 20% down payment ($18,339) at today's rates (6.8%), you'd need a gross annual income of approximately $24,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Raven compare to the national average home price?
The national median home value is approximately $410,000. At $91,693, homes in Raven are 78% below the national average.
What metro area is Raven part of?
Raven is part of the Bluefield, WV-VA metropolitan area. Home prices and market conditions can vary across the broader metro region.