Market Overview
Home Prices in Reedville, VA
The median home value in Reedville, VA is $393,125 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Reedville are priced4% below average.
Over the past five years, Reedville home values have risen by approximately22.4%, reflecting strong long-term appreciation in this market.
Price History
Reedville Home Price Trend
2020
$271,568
$272K
—
2021
$321,120
$321K
+18.2%
2022
$369,056
$369K
+14.9%
2023
$359,009
$359K
-2.7%
2024
$374,347
$374K
+4.3%
2025
$380,157
$380K
+1.6%
2026
$393,125
$393K
+3.4%
City Comparison
Reedville vs. National Median
🏠 Reedville
$393,125
National Median
$410,000
At $393,125, homes in Reedville cost 4% below the national median of $410,000. This makes Reedville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Reedville?
20% Down Payment
$78,625
on $393,125
Monthly P&I
$2,050/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,604/mo
incl. taxes & insurance
Income Needed
$104,160
gross annual (30% rule)
10% Down Option
$39,313
+ PMI applies
Loan Amount (20% dn)
$314,500
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 Reedville, VA?
The median home value in Reedville is $393,125 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in Reedville?
Over the past year, home values in Reedville have increased by 3.4%. Over five years, prices have risen approximately 22.4%.
How much do I need to earn to buy a home in Reedville?
To comfortably afford the median home price of $393,125 with a 20% down payment ($78,625) at today's rates (6.8%), you'd need a gross annual income of approximately $104,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Reedville compare to the national average home price?
The national median home value is approximately $410,000. At $393,125, homes in Reedville are 4% below the national average.