Market Overview
Home Prices in Tappahannock, VA
The median home value in Tappahannock, VA is $313,961 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tappahannock are priced23% below average. Tappahannock is part of the Richmond, VA metro area.
Over the past five years, Tappahannock home values have risen by approximately29.0%, reflecting strong long-term appreciation in this market.
Price History
Tappahannock Home Price Trend
City Comparison
Tappahannock vs. National Median
At $313,961, homes in Tappahannock cost 23% below the national median of $410,000. This makes Tappahannock a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tappahannock?
20% Down Payment
$62,792
on $313,961
Monthly P&I
$1,637/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,079/mo
incl. taxes & insurance
Income Needed
$83,160
gross annual (30% rule)
10% Down Option
$31,396
+ PMI applies
Loan Amount (20% dn)
$251,169
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 Tappahannock, VA?
The median home value in Tappahannock is $313,961 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1% year-over-year.
How much have home prices changed in Tappahannock?
Over the past year, home values in Tappahannock have increased by 1%. Over five years, prices have risen approximately 29.0%.
How much do I need to earn to buy a home in Tappahannock?
To comfortably afford the median home price of $313,961 with a 20% down payment ($62,792) at today's rates (6.8%), you'd need a gross annual income of approximately $83,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Tappahannock compare to the national average home price?
The national median home value is approximately $410,000. At $313,961, homes in Tappahannock are 23% below the national average.
What metro area is Tappahannock part of?
Tappahannock is part of the Richmond, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.