Market Overview
Home Prices in South Hill, VA
The median home value in South Hill, VA is $210,160 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.3% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in South Hill are priced49% below average.
Over the past five years, South Hill home values have risen by approximately37.1%, reflecting strong long-term appreciation in this market.
Price History
South Hill Home Price Trend
2020
$127,285
$127K
—
2021
$153,264
$153K
+20.4%
2022
$178,206
$178K
+16.3%
2023
$178,654
$179K
+0.3%
2024
$201,025
$201K
+12.5%
2025
$207,510
$208K
+3.2%
2026
$210,160
$210K
+1.3%
City Comparison
South Hill vs. National Median
🏠 South Hill
$210,160
National Median
$410,000
At $210,160, homes in South Hill cost 49% below the national median of $410,000. This makes South Hill a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in South Hill?
20% Down Payment
$42,032
on $210,160
Monthly P&I
$1,096/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,392/mo
incl. taxes & insurance
Income Needed
$55,680
gross annual (30% rule)
10% Down Option
$21,016
+ PMI applies
Loan Amount (20% dn)
$168,128
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 South Hill, VA?
The median home value in South Hill is $210,160 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.3% year-over-year.
How much have home prices changed in South Hill?
Over the past year, home values in South Hill have increased by 1.3%. Over five years, prices have risen approximately 37.1%.
How much do I need to earn to buy a home in South Hill?
To comfortably afford the median home price of $210,160 with a 20% down payment ($42,032) at today's rates (6.8%), you'd need a gross annual income of approximately $55,680. This assumes keeping total housing costs at or below 30% of gross income.
How does South Hill compare to the national average home price?
The national median home value is approximately $410,000. At $210,160, homes in South Hill are 49% below the national average.