Market Overview
Home Prices in Vernon Hill, VA
The median home value in Vernon Hill, VA is $152,940 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.3% compared to a year ago and down 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Vernon Hill are priced63% below average.
Over the past five years, Vernon Hill home values have risen by approximately28.2%, reflecting strong long-term appreciation in this market.
Price History
Vernon Hill Home Price Trend
2020
$104,238
$104K
—
2021
$119,287
$119K
+14.4%
2022
$127,731
$128K
+7.1%
2023
$132,747
$133K
+3.9%
2024
$138,699
$139K
+4.5%
2025
$137,451
$137K
-0.9%
2026
$152,940
$153K
+11.3%
City Comparison
Vernon Hill vs. National Median
🏠 Vernon Hill
$152,940
National Median
$410,000
At $152,940, homes in Vernon Hill cost 63% below the national median of $410,000. This makes Vernon Hill a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Vernon Hill?
20% Down Payment
$30,588
on $152,940
Monthly P&I
$798/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,013/mo
incl. taxes & insurance
Income Needed
$40,520
gross annual (30% rule)
10% Down Option
$15,294
+ PMI applies
Loan Amount (20% dn)
$122,352
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 Vernon Hill, VA?
The median home value in Vernon Hill is $152,940 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.3% year-over-year.
How much have home prices changed in Vernon Hill?
Over the past year, home values in Vernon Hill have increased by 11.3%. Over five years, prices have risen approximately 28.2%.
How much do I need to earn to buy a home in Vernon Hill?
To comfortably afford the median home price of $152,940 with a 20% down payment ($30,588) at today's rates (6.8%), you'd need a gross annual income of approximately $40,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Vernon Hill compare to the national average home price?
The national median home value is approximately $410,000. At $152,940, homes in Vernon Hill are 63% below the national average.