As of late 2025, the average value is $409,382, meaning prices have gone up 2.6% over the past year.

With that said, prices vary significantly by region.

For example, Northern Virginia remains the most expensive, with a median price of $664,000. Meanwhile, there are more affordable options in areas like Danville or Martinsville, which offer median prices as low as $92,500 to $150,000.

Yes, you can.

The law allows you to sell a house “as is” as long as you’re upfront about any issues.

Under the Virginia Residential Property Disclosure Act, you must disclose all known material defects, including any repairs you’ve made (if any) or structural issues like foundation problems.

Cash buyers (like us at Cava Buys) often purchase homes in any condition, making the process faster and simpler.

The most affordable cities in Virginia include Danville, Richlands, and Martinsville.

In these areas, median prices are from $92,500 to $150,000. These cities also offer lower costs of living and are ideal for budget-conscious buyers or investors.

Richmond is a pretty strong market if you’re thinking of a place to invest. The city has seen a 9.6% rise in home prices in 2025, with high demand, quick sales, and a robust rental market (vacancy rates around 4.5%).

And if these signals aren’t enough for you, the growing population and diversified economy make it attractive for both short-term flips and long-term rentals.

If cheap houses are on your radar, there’s not a lot of places that can top Danville.

Danville consistently ranks as one of the cheapest places to buy a home in Virginia, with median prices around $150,000. Other affordable options include Martinsville and Richlands, where homes often sell for under $100,000.

To comfortably afford a median-priced home in Richmond (around $375,000), you should aim for a household income of at least $72,000 to $80,000 per year.

For renters, a salary of $54,936 is often enough to live comfortably in the city.

The best months to buy a house for lower prices are typically November through February. During these months, there’s often less demand, so sellers may be more motivated.

However, inventory is highest in March to May, offering more options.

Danville is often cited as the cheapest place to live in Virginia, with a median home price of $150,000 and a cost of living well below the state average.

You bet.

The city’s real estate market has shown steady price appreciation, with a 9.6% rise in home prices in 2025 and a forecasted 2.9% increase by the end of the year. And all this growth is because of:

1. A vibrant local economy
2. A growing population
3. A thriving rental market.

While you can list a house for sale by owner (FSBO) on Craigslist, it’s not the most effective platform for reaching serious buyers.

Most Virginia sales involve a real estate agent or cash buyer, who can provide broader exposure and legal guidance.

The answer is yes.

Richmond is generally 7% to 10% cheaper than Virginia Beach, especially when it comes to housing and day-to-day expenses.

Home prices are lower in Richmond, too. The median home price in Richmond hovers around $375,000, while Virginia Beach’s median is closer to $400,000 to $420,000. The difference can add up to significant savings over time.

It depends. There’s a wide variation of housing prices in the state. For the most part, Northern Virginia is expensive, with median prices averaging $664,000.

By contrast, cities like Danville, Martinsville, and Richmond offer far more affordable options.

In Danville, median home prices start at $92,500, while Richmond’s median is $375,000

To buy a foreclosed home in Richmond, you can get started by looking at properties. The best places to look are Foreclosure.com and HUD Home Store.

Foreclosed homes often sell for 20 to 50% below market value, but may require repairs or have liens. So, to get the best deal, work with a foreclosure-savvy real estate agent, secure financing upfront, and be ready to act fast (these properties attract competitive bids).

Selling a house in poor condition is straightforward with cash buyers. Companies like Cava Buys purchase homes “as is,” eliminating the need for repairs or inspections. You’ll receive a fair cash offer, and the sale can close quickly (often in just seven to 14 days).

For the most accurate and up-to-date real estate sales records in Virginia, use county assessor websites (e.g.,Henrico County,Virginia Beach) or theVirginia Public Records Online Directory.

Listing on Zillow as a For Sale By Owner (FSBO) is free. However, for maximum exposure, work with a real estate agent. You can also stand to make more from your home if you sell it for cash to us.

Traditional buyers (with financing) usually offer the highest price, but the process is often slower and contingent on inspections and appraisals.

For speed and certainty, cash buyers like us at Cava Buys provide a fair, hassle-free alternative, especially if your home needs repairs.

Cash investors like us typically offer 70% to 80% of a home’s fair market value, depending on its condition and location.

Do you want to find out how much your home is worth? Get a free cash offer and find out!

They can go to pending status in as little as seven days, especially in a seller’s market. Cash buyers, like us at Cava Buys, can close in seven to 14 days, so it’s the fastest route to a sale.