Market Overview
Home Prices in Timberville, VA
The median home value in Timberville, VA is $294,204 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Timberville are priced28% below average. Timberville is part of the Harrisonburg, VA metro area.
Over the past five years, Timberville home values have risen by approximately33.4%, reflecting strong long-term appreciation in this market.
Price History
Timberville Home Price Trend
City Comparison
Timberville vs. National Median
At $294,204, homes in Timberville cost 28% below the national median of $410,000. This makes Timberville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Timberville?
20% Down Payment
$58,841
on $294,204
Monthly P&I
$1,534/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,948/mo
incl. taxes & insurance
Income Needed
$77,920
gross annual (30% rule)
10% Down Option
$29,420
+ PMI applies
Loan Amount (20% dn)
$235,363
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 Timberville, VA?
The median home value in Timberville is $294,204 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Timberville?
Over the past year, home values in Timberville have increased by 3.8%. Over five years, prices have risen approximately 33.4%.
How much do I need to earn to buy a home in Timberville?
To comfortably afford the median home price of $294,204 with a 20% down payment ($58,841) at today's rates (6.8%), you'd need a gross annual income of approximately $77,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Timberville compare to the national average home price?
The national median home value is approximately $410,000. At $294,204, homes in Timberville are 28% below the national average.
What metro area is Timberville part of?
Timberville is part of the Harrisonburg, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.