Market Overview
Home Prices in Speedwell, VA
The median home value in Speedwell, VA is $167,461 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.1% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Speedwell are priced59% below average.
Over the past five years, Speedwell home values have risen by approximately42.8%, reflecting strong long-term appreciation in this market.
Price History
Speedwell Home Price Trend
2020
$97,584
$98K
—
2021
$117,294
$117K
+20.2%
2022
$132,567
$133K
+13.0%
2023
$139,011
$139K
+4.9%
2024
$152,320
$152K
+9.6%
2025
$153,527
$154K
+0.8%
2026
$167,461
$167K
+9.1%
City Comparison
Speedwell vs. National Median
🏠 Speedwell
$167,461
National Median
$410,000
At $167,461, homes in Speedwell cost 59% below the national median of $410,000. This makes Speedwell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Speedwell?
20% Down Payment
$33,492
on $167,461
Monthly P&I
$873/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,109/mo
incl. taxes & insurance
Income Needed
$44,360
gross annual (30% rule)
10% Down Option
$16,746
+ PMI applies
Loan Amount (20% dn)
$133,969
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 Speedwell, VA?
The median home value in Speedwell is $167,461 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.1% year-over-year.
How much have home prices changed in Speedwell?
Over the past year, home values in Speedwell have increased by 9.1%. Over five years, prices have risen approximately 42.8%.
How much do I need to earn to buy a home in Speedwell?
To comfortably afford the median home price of $167,461 with a 20% down payment ($33,492) at today's rates (6.8%), you'd need a gross annual income of approximately $44,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Speedwell compare to the national average home price?
The national median home value is approximately $410,000. At $167,461, homes in Speedwell are 59% below the national average.