Key Takeaways

• It was a relatively busy April in Virginia’s housing market. There were 9,758 closed sales statewide, a 4.5% increase from a year ago. The 2026 market continues to outpace last year; year-to-date closed sales are up 5.8%.
• Price points continue to drift higher. The statewide median sold price was $439,945 in April, which is about $15,000 higher than it was last April (+3.5%). Year-to-date, the median price is now 2.2% higher than this same period last year.
• In April, there was approximately $5.5 billion of sold volume in Virginia’s housing market, outpacing last April by about $450 million (+8.9%).
• The inventory of active listings continues to get larger in Virginia. There were 23,867 active listings on the market throughout the state at the end of April, an influx of about 1,800 listings.

Outlook

We’re deep into the spring market now and it’s becoming clearer that this year is on track to be busier than last spring. Will the momentum continue? Here are some key factors to watch in the coming months:

• More sellers are entering the market as we’ve seen in the growing number of new listings, and that is facilitating more home sales. Some of the pent-up demand out in the market is finally being met as more homes are listed. If sellers continue to come back off the sidelines, this trend will likely continue.
• It is still a rate-sensitive market, but there has been some resilience shown as the April and March sales numbers climbed even as interest rates also climbed. This is likely due to the fact that rates, while climbing, are still lower than a year ago. But it also suggests as the inventory grows, buyers who are not as sensitive to interest rate volatility could continue to be more active as there are more options, more listings to choose from.

Read the full April 2026 Virginia Home Sales Report for detailed market trends and insights.