Market Overview
Home Prices in Tannersville, VA
The median home value in Tannersville, VA is $190,293 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.6% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tannersville are priced54% below average. Tannersville is part of the Bluefield, WV-VA metro area.
Over the past five years, Tannersville home values have risen by approximately35.2%, reflecting strong long-term appreciation in this market.
Price History
Tannersville Home Price Trend
City Comparison
Tannersville vs. National Median
At $190,293, homes in Tannersville cost 54% below the national median of $410,000. This makes Tannersville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tannersville?
20% Down Payment
$38,059
on $190,293
Monthly P&I
$992/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,260/mo
incl. taxes & insurance
Income Needed
$50,400
gross annual (30% rule)
10% Down Option
$19,029
+ PMI applies
Loan Amount (20% dn)
$152,234
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 Tannersville, VA?
The median home value in Tannersville is $190,293 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.6% year-over-year.
How much have home prices changed in Tannersville?
Over the past year, home values in Tannersville have increased by 4.6%. Over five years, prices have risen approximately 35.2%.
How much do I need to earn to buy a home in Tannersville?
To comfortably afford the median home price of $190,293 with a 20% down payment ($38,059) at today's rates (6.8%), you'd need a gross annual income of approximately $50,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Tannersville compare to the national average home price?
The national median home value is approximately $410,000. At $190,293, homes in Tannersville are 54% below the national average.
What metro area is Tannersville part of?
Tannersville is part of the Bluefield, WV-VA metropolitan area. Home prices and market conditions can vary across the broader metro region.