DAYTONA BEACH − A new national ranking lists Deltona-Daytona Beach-Ormond Beach as the ninth-slowest metro area in the country to sell a house.
The ranking by CreditNews.com comes as a surprise to P.W. Mabry, president of the Daytona Beach Area Association of Realtors.
“We’re selling properties like crazy right now,” said Mabry, an agent with Re/Max Signature in Ormond Beach. “Our numbers (volume of homes sold) are going up.”
How did they come up with the ranking?
New York-based CreditNews.com based its ranking of the nation’s 10 fastest and 10 slowest metro areas to sell a house on data from real estate website Zillow.com, which found that it took a median of 39 days for a listing to be put under contract to be sold in the “Deltona” metro area in January.
“When referring to ‘Deltona,’ we meant the entire metro area, encompassing Deltona–Daytona Beach–Ormond Beach,” confirmed Dan Runkevicius, chief editor for CreditNow.com in an email. “The data was sourced from Zillow’s ‘for-sale inventory’ data set.’ Housing inventory was then adjusted to account for the size of the metro population.”
Florida Realtors Association data showed the “median time to contract” for existing single-family homes in Volusia County in January was actually 41 days, according to a copy of the report provided to The Daytona Beach News-Journal by the West Volusia Association of Realtors.
The Daytona Beach Area Association of Realtors reported that the median time to contract for properties listed by its members was 53 days.
The statewide median time to contract in January was 43 days, according to the Florida Realtors Association.
Nationally, the median time to contract for homes to be put under contract was 36 days in January, according to the National Association of Realtors.
It’s based on a ‘Zestimate’
Mabry said he takes data provided by Zillow with a grain of salt.
“(Real estate) brokers must click on a button that allows Zillow to get their information,” he said. “I know for a fact that not all brokers click on that button.”
“Zillow also has in small print on its reports that when they give you an appraisal value for a property that they call it a ‘Zestimate.’ That’s so they can’t be sued (if the information is incorrect),” said Mabry. “It’s their personal opinion.”
“We have people tell us all the time that ‘Zillow says my house should sell for a half-million dollars,’ but that’s not necessarily the case,” he added. “Their ‘Zestimates’ are only within 5% of the actual sale price of a home about half of the time.”
John Adams, president of Adams, Cameron & Co. Realtors in Daytona Beach, also expressed skepticism regarding Zillow’s latest ranking for the Deltona metro area.
“Zillow has a very good statistics team and generally produces good results, however, in this case, I can’t agree,” said Adams.
Adams, Cameron has 300 agents in eight offices in Volusia and Flagler counties, the most of any real estate brokerage in the combined two-county area.
Local market back to pre-pandemic levels?
Florida Realtors Association data for the Deltona-Daytona Beach-Ormond Beach area, which encompasses the combined Volusia County-Flagler County area, showed that the median time to contract for homes locally rose to 33 days in 2023, up from 13 days and 11 days in 2022 and 2021, respectively.
Despite the increase, the median time to contract remained lower than in 2019 (41 days), the year before the COVID-19 pandemic-fueled real estate boom in Florida began.
“I like the (Florida Realtors) view over time, because it is more objective,” said Adams.
What CreditNews had to say about its rankings
The report by CreditNews.com stated that its study “reveals a major shift in best-selling markets since the onset of Covid. None of the top fastest-selling metros pre-COVID remain on the list today, and vice versa.
“Part of the reason behind this realignment is different inventory levels across the nation − which, we found, has a strong connection with how fast listings sell.”
What do the latest local housing numbers say?
According to countywide data provided by the West Volusia Association of Realtors, Realtors in Volusia County sold 509 homes in January, up 3% from 494 a year ago. The median sale price rose to $350,000, up 4.8% from $333,990 in January 2023. The inventory of active listings climbed 21.8% year-over-year to 2,384, compared with 1,957 a year ago.
Still, the month’s supply for Volusia, meaning how long in theory it would take to deplete the inventory if no new listings are added, remained tight at 3.3 months, compared with 2.5 a year ago.
The statewide month’s supply in January was 3.8, according to Florida Realtors.
According to the National Association of Realtors, that means the local real estate market remains tilted somewhat in favor of sellers. “Historically, six months of supply is associated with moderate price appreciation, and a lower level of month’s supply tends to push prices up more rapidly,” the NAR website states.
Who else made the fastest and slowest lists?
According to CreditNews.com, the 10 fastest metro areas to sell a house in January, along with the median days on market, were as follows: 1. Hartford, Connecticut (8 days); 2. tie between Rochester and Syracuse, New York, and Harrisburg, Pennsylvania (9 days); 5. tie between Richmond, Virginia, Grand Rapids, Michigan, and New Haven, Connecticut (11 days); 8. tie between Boston and Worcester, Massachusetts, and Columbus, Ohio (12 days).
Jacksonville was the other Florida metro area, along with Deltona to make the 10 slowest metro areas list: 1. Austin, Texas (66 days); 2. McAllen, Texas (53 days); 3. Poughkeepsie, New York (51 days); 4. San Antonio, Texas (49 days); 5. New Orleans, Louisiana (48 days); 6. Jacksonville, Florida (42 days); 7. tie between Cape Coral, Florida, and Colorado Springs, Colorado (41 days); 9. Deltona, Florida (39 days); 10. New York, New York (37 days).
Why do some homes take longer to sell?
While some homes locally sell within days of being listed, others can go months without receiving an offer, often resulting in a lowering of the asking price.
“When homes sit on the market, there can be a lot of reasons,” said Mabry. “In some cases, it could be a property that requires extensive repairs or updating. Being over-priced is almost always the No. 1 reason. You have sellers out there trying to get top dollar for their home, in some cases against the advice of their Realtor.”
Virginia Beach, VA, is a coastal city known for its beautiful beaches, lively boardwalk, and vibrant entertainment scene. With its mild climate and abundant outdoor activities, Virginia Beach draws residents who enjoy a beach-centric lifestyle.
The city offers a variety of neighborhoods, each with its own unique charm and amenities, great for anyone looking to buy a home or rent an apartment in Virginia Beach. For example, the average rent in Virginia Beach is $2,150, while the median sale price is $366,000.
If you’re new to the Virginia Beach area, you may be wondering what neighborhood fits your goals best. At Redfin, we’ve gathered 10 popular Virginia Beach suburbs to consider moving to. Whether you’re looking for a busy urban area or a peaceful beachside retreat, Virginia Beach has a neighborhood to suit every taste and lifestyle.
1. Alanton
Alanton is in northwest Virginia Beach, offering a peaceful suburban atmosphere with beautiful homes and tree-lined streets. The Alanton neighborhood is also close to the Chesapeake Bay, providing residents with easy access to water activities and scenic views. Nearby attractions include the First Landing State Park and the Cape Henry Lighthouse, both offering opportunities for outdoor recreation and exploration.
Alanton features a variety of housing types, including spacious single-family homes and charming townhouses. The architectural styles in the neighborhood range from traditional colonial to modern designs, offering something for every taste.
Median Sale Price: $825,000
Homes for Sale in Alanton | Apartments for Rent in Alanton
2. Bayside
Bayside is a vibrant neighborhood, one of the original seven boroughs in the city. It offers a mix of residential and commercial areas, providing residents with convenient access to dining options, shopping centers, and entertainment venues. Bayside is also home to the Bayside Farms Park and Lake Smith Natural Area, offering outdoor activities and relaxation opportunities.
This neighborhood features a variety of housing options, including single-family homes, townhouses, and apartments in styles ranging from traditional to contemporary, reflecting the area’s rich history and modern development.
Median Sale Price: $325,000
Homes for Sale in Bayside | Apartments for Rent in Bayside
3. Great Neck
Great Neck is known for its upscale homes, well-maintained streets, and beautiful landscaping. The neighborhood offers a suburban feel with easy access to major highways, making it convenient for commuting. Great Neck is also home to Great Neck Park, where you’ll find hiking trails, sports courts, and a gazebo. In Great Neck, you can find a variety of housing types, including spacious single-family homes and elegant townhouses.
Median Sale Price: $415,000
Average Rent for 1-Bedroom Apartment: $1,300 | Average Rent for 2-Bedroom Apartment: $1,469
Homes for Sale in Great Neck | Apartments for Rent in Great Neck
4. Green Run
Green Run offers a mix of residential areas, commercial centers, and recreational spaces. The neighborhood is known for its community-oriented atmosphere and well-maintained parks. Green Run Park and the nearby Stumpy Lake Natural Area provide residents with opportunities for outdoor activities. You can find single-family homes, townhouses, and apartments in the Green Run neighborhood.
Median Sale Price: $270,000
Homes for Sale in Green Run | Apartments for Rent in Green Run
5. Kempsville
Kempsville is a historic neighborhood offering a mix of residential areas, commercial centers, and recreational spaces. The neighborhood is known for its charming streets, historic buildings, and community events. Kempsville is also home to the Kempsville Greens Golf Course and the Kempsville Recreation Center, providing residents with opportunities for outdoor activities and leisure. With its historic charm, Kempsville features a variety of housing options, including single-family homes, townhouses, and apartments.
Median Sale Price: $345,100
Homes for Sale in Kempsville | Apartments for Rent in Kempsville
6. Little Neck
Little Neck is a picturesque neighborhood featuring a mix of residential areas, natural landscapes, and recreational spaces. The neighborhood is known for its tree-lined streets, spacious lots, and peaceful atmosphere. Little Neck features a variety of housing options, including single-family homes and townhouses.
Median Sale Price: $422,500
Homes for Sale in Little Neck | Apartments for Rent in Little Neck
7. Lynnhaven
Lynnhaven is known for its shopping centers, restaurants, and entertainment venues. The neighborhood is also home to the Lynnhaven Mall and the Lynnhaven House Museum, providing residents with opportunities for shopping and local experiences. Lynnhaven features a variety of housing options, including single-family homes, townhouses, and apartments.
Median Sale Price: $195,000
Average Rent for 1-Bedroom Apartment: $1,469 |Average Rent for 2-Bedroom Apartment: $1,649
Homes for Sale in Lynnhaven | Apartments for Rent in Lynnhaven
8. Oceana Gardens
Oceana Gardens is a charming neighborhood known for its well-maintained homes, quiet streets, and friendly atmosphere. This area is also close to the Oceana Naval Air Station, providing a glimpse into the city’s naval history. Oceana Gardens features a variety of housing options, including single-family homes and townhouses.
Median Sale Price: $250,000
Homes for Sale in Oceana Gardens | Apartments for Rent in Oceana Gardens
9. Oceanfront
Oceanfront is a popular neighborhood along the water and Virginia Beach’s downtown area. The neighborhood is known for its beautiful beaches, lively boardwalk, and vibrant nightlife. Oceanfront is also home to the Virginia Aquarium & Marine Science Center, providing residents with opportunities for educational experiences and marine life encounters.
Oceanfront features a variety of housing options, including beachfront condos, apartments, and hotels. The architectural styles in the neighborhood range from modern high-rises to charming beach cottages, reflecting the area’s coastal charm. With its stunning ocean views and bustling atmosphere, Oceanfront is a great neighborhood for those seeking a beachfront lifestyle.
Median Sale Price: $619,000
Homes for Sale in Oceanfront | Apartments for Rent in Oceanfront
10. Sandbridge
Sandbridge is a picturesque neighborhood located in the southern portion of Virginia Beach. The area is known for its pristine beaches, dunes, and wildlife. Sandbridge is also home to the Back Bay National Wildlife Refuge and False Cape State Park, meaning there are plenty of outdoor activities and nature exploration opportunities.
Sandbridge features a variety of housing options, including beachfront homes, cottages, and condos. The architectural styles in the neighborhood range from coastal designs to modern beach retreats, reflecting the area’s relaxed coastal lifestyle.
Median Sale Price: $966,000
Homes for Sale in Sandbridge | Apartments for Rent in Sandbridge
Methodology: All neighborhoods must be listed as a “neighborhood” on Redfin.com. Median home sale price data from the Redfin Data Center during October 2023. Average rental data from Rent.com during October 2023.
With its small-town charm and proximity to Washington, D.C., Alexandria is one of the many historic cities to live in Virginia. Alexandria has a wide range of neighborhoods to choose from, each with its own unique character. Whether you’re looking for a historic home in Old Town Alexandria or a more modern vibe in neighborhoods like Potomac Yard or Arlandria, there’s a neighborhood to fit every lifestyle. For example, the average rent in Alexandria is $2,300, while the median sale price is $617,500.
So, if you’re considering moving to Alexandra, you’re also probably curious about which neighborhood fits you best. Look no further. In this Redfin guide, we’ll showcase 13 popular Alexandria neighborhoods so you can find the area that meets your needs. Whether you want to buy a home or rent an apartment in Alexandria, you’ll discover a neighborhood to call home.
1. Arlandria
Arlandria is located in northern Alexandria, near Arlington. The neighborhood’s name blends the two – Alexandria and Arlington – due to its location between the two cities. Arlandria is home to several local attractions, including the Birchmere concert hall and the Four Mile Run Trail. Residents enjoy easy access to the Potomac River waterfront and the historic Old Town Alexandria. Arlandria features a variety of housing options, including townhouses and single-family homes.
Median Sale Price: $701,500
Average Rent 1-Bedroom Apartment: $1,537 | Average Rent 2-Bedroom Apartment: $1,958
Homes for Sale in Arlandria | Apartments for Rent in Arlandria
2. Braddock Road
Braddock Road is known for its convenient location near the metro station, making commuting a breeze. This neighborhood also has several historic sites, such as the Braddock Road Metro Station. Residents can enjoy outdoor activities at nearby parks like Chinquapin Park, which offers recreational amenities.
The housing types in the Braddock Road neighborhood consist of a mix of townhouses and apartments. The architectural styles vary, ranging from classic brick exteriors to modern designs, providing a diverse selection for potential homeowners and renters.
Median Sale Price: $845,000
Average Rent 1-Bedroom Apartment: $2,622 | Average Rent 2-Bedroom Apartment: $3,450
Homes for Sale in Braddock Road | Apartments for Rent in Braddock Road
3. Del Ray
Del Ray is north of downtown Alexandria. It’s known for its charming small-town feel and variety of restaurants, shops, and local businesses. Del Ray is also known for its annual Art on the Avenue festival, which attracts artists and visitors from all over the region. The neighborhood has several parks, including Mt. Jefferson Park and Eugene Simpson Stadium Park, which offer plenty of green spaces and recreational opportunities. Del Ray features a mix of housing types, including single-family homes, townhouses, and condos.
Median Sale Price: $830,000
Average Rent 2-Bedroom Apartment: $3,382
Homes for Sale in Del Ray | Apartments for Rent in Del Ray
4. Landmark-Van Dorn
Landmark-Van Dorn is a neighborhood located in Alexandria. It’s known for its convenient location near major highways and public transportation, making commuting to other parts of the city easy. The neighborhood is home to Plaza at Landmark, a popular shopping destination, and offers a variety of dining options. The area also has several parks, including Armistead Boothe Park and Ben Brenman Park, which provide green space for recreation and relaxation. The housing types in Landmark-Van Dorn primarily consist of apartment complexes and townhomes.
Median Sale Price: $313,500
Homes for Sale in Landmark-Van Dorn | Apartments for Rent in Landmark-Van Dorn
5. Northeast Alexandria
Northeast Alexandria is located near Old Town Alexandria. It’s home to several small green spaces like Chetworth Park. Northeast Alexandria offers a variety of housing types and architectural styles. From historic rowhouses to modern townhomes, there is something for everyone in this diverse neighborhood.
Median Sale Price: $737,500
Homes for Sale in Northeast Alexandria | Apartments for Rent in Northeast Alexandria
6. North Ridge / Rosemont
North Ridge / Rosemont encompasses both the North Ridge and Rosemont areas, situated east of Old Town Alexandria. The neighborhood is known for its beautiful tree-lined streets, historic charm, and close proximity to downtown Alexandria and Washington D.C. The neighborhood has several parks, including Beach Park and Monticello Park. Housing options in North Ridge / Rosemont consist mainly of single-family homes and townhouses, with a mix of architectural styles including Colonial, Cape Cod, and Craftsman.
Median Sale Price: $815,000
Average Rent 1-Bedroom Apartment: $2,210 | Average Rent 2-Bedroom Apartment: $3,102
Homes for Sale in North Ridge / Rosemont | Apartments for Rent in North Ridge / Rosemont
7. Old Town Alexandria
Old Town Alexandria is this historic city center filled with charming cobblestone streets, Potomac River views, and proximity to major attractions such as the Torpedo Factory Art Center and Carlyle House Historic Park. Residents and visitors enjoy exploring the many parks and green spaces, including Founders Park and Jones Point Park. Old Town Alexandria is also home to numerous historic places, including the Old Town Alexandria Historic District and Stabler-Leadbeater Apothecary Museum.
Old Town Alexandria features a mix of housing types and architectural styles, including row houses, townhomes, and condominiums. The neighborhood is known for its well-preserved historic buildings, with many structures dating back to the 18th and 19th centuries.
Median Sale Price: $927,450
Average Rent 1-Bedroom Apartment: $2,395 | Average Rent 2-Bedroom Apartment: $2,400
Homes for Sale in Old Town Alexandria | Apartments for Rent in Old Town Alexandria
8. Parker-Gray
Parker-Gray has a vibrant atmosphere and historic charm, with a convenient location near Old Town. It is home to several major attractions, including the Alexandria Black History Museum and the nearby Lee-Fendall House Museum & Garden. Parker-Gray also offers residents easy access to parks like Hooffs Run Park and Greenway and Charles Houston Recreation Center. Parker-Gray features a variety of housing types and architectural styles, including townhouses and row houses with classic designs and Victorian influences.
Median Sale Price: $814,000
Homes for Sale in Parker-Gray | Apartments for Rent in Parker-Gray
9. Potomac West
Potomac West is a large neighborhood encompassing many smaller enclaves. It’s known for its lively atmosphere, with plenty of restaurants, shops, and entertainment options like the Birchmere. The neighborhood is also close to the Potomac River, offering beautiful views and recreational activities. Visitors and residents alike can enjoy the historic sites in the area, including the nearby George Washington Masonic National Memorial. Potomac West offers a mix of housing types, including historic townhouses and newer apartment complexes.
Median Sale Price: $807,000
Average Rent 1-Bedroom Apartment: $1,548 | Average Rent 2-Bedroom Apartment: $2,001
Homes for Sale in Potomac West | Apartments for Rent in Potomac West
10. Potomac Yard
Potomac Yard is located east of Potomac West and is known for its convenient location near major transportation routes. It’s also close to popular attractions like the Pentagon and Old Town Alexandria. The area is home to Potomac Yard Park, which offers recreational amenities, including athletic fields and a playground. You can also find Daingerfield Island in the neighborhood, which has views of the Potomac River, a marina, and the Mt. Vernon Trail. Potomac Yard features a variety of housing types, including single-family homes and townhouses, in styles ranging from modern designs to traditional brick facades.
Median Sale Price: $976,525
Average Rent 1-Bedroom Apartment: $2,205 | Average Rent 2-Bedroom Apartment: $3,200
Homes for Sale in Potomac Yard | Apartments for Rent in Potomac Yard
11. Seminary Hill
Seminary Hill is known for its beautiful residential streets and easy access to Old Town. The neighborhood also offers several parks and green spaces where residents can enjoy outdoor activities, such as Fort Williams Park, Tarleton Park, and Fort Ward Park. Seminary Hill features a mix of housing types, including single-family homes, townhouses, and condos.
Median Sale Price: $576,000
Average Rent 1-Bedroom Apartment: $1,617 | Average Rent 2-Bedroom Apartment: $2,207
Homes for Sale in Seminary Hill | Apartments for Rent in Seminary Hill
12. Southwest Quadrant
The Southwest Quadrant is primarily a residential neighborhood just outside of Old Town. You can find historic landmarks in the area, like Contrabands and Freedmen Cemetery Memorial. The housing types in the Southwest Quadrant range from charming rowhouses to modern condos.
Median Sale Price: $824,900
Average Rent 1-Bedroom Apartment: $1,500 | Average Rent 2-Bedroom Apartment: $3,400
Homes for Sale in Southwest Quadrant | Apartments for Rent in Southwest Quadrant
13. Taylor Run
South of Northridge / Rosemont is Taylor Run. This neighborhood is known for its charming residential streets and warm atmosphere. Significant attractions in Taylor Run include the George Washington Masonic National Memorial and Gerald R Ford Jr. House. Residents can also enjoy outdoor activities at parks such as Angel Park and Chinquapin Park, which features a community garden.
Taylor Run offers a variety of housing types, including single-family homes, townhouses, and apartments. The architectural styles in the neighborhood range from Colonial to contemporary.
Median Sale Price: $530,000
Average Rent 1-Bedroom Apartment: $750 | Average Rent 2-Bedroom Apartment: $2,350
Homes for Sale in Taylor Run | Apartments for Rent in Taylor Run
Methodology: All neighborhoods must be listed as a “neighborhood” on Redfin.com. Median home sale price data from the Redfin Data Center during September 2023. Average rental data from Rent.com during September 2023.
Nestled in the heart of the Mid-Atlantic region, Virginia’s unique blend of history and culture is mirrored in its diverse Virginia styled homes, which range from timeless classics to modern marvels. In such a dynamic environment, the home inspection process becomes a voyage through layers of history and innovation that define a property. For potential buyers, it provides a window into the integrity and character of a potential new home, unveiling its allure and potential challenges. Meanwhile, sellers can employ this process to transparently showcase their property’s value and proactively address any concerns.
So, whether you’re in the market for an historic home in Richmond or preparing to list your property for sale in the vibrant city of Virginia Beach, this Redfin article covers everything you need to know about undergoing a home inspection in Virginia. It features insights from local home inspectors, providing you with the knowledge to confidently navigate the Virginia real estate market. So let’s dive in.
Why should you get a home inspection in Virginia?
“You should always have the home you’re buying inspected, even in this overly competitive market,” recommends RVA HomeSpec, LLC. “If you have to waive the inspection in order to win a contract, having the home inspected after closing will still give you a clear picture of its overall condition and alert you to any defects that need repair.”
“Virginia is a “buyer beware” state and home inspections are not required,” says That Place Home Inspections. “As such, buyers are encouraged to use their own due process to learn about purchases in advance. If you check for a bad egg before spending a couple of bucks at the grocery store, then why would you ever consider skipping a home inspection before buying a new home?”
“In today’s housing market, with little housing inventory, high prices, and interest rates, a home inspection is a smart choice for a home buyer,” suggests Explorer Home Inspections, LLC. “A home inspection gives the buyer a thorough look into the condition of the house and can point out any major deficiencies that are present. While several contracts are written with as-is or no inspection clauses, a home inspection is still a smart idea for informational purposes and peace of mind.”
Are there any specialized inspections that Virginia buyers should consider?
“When buyers fall in love with a home and are ready to sign a sales contract, one of the questions that comes up during contract review is whether or not the buyers would like to include a Radon Testing Contingency,” says Natasha Lingle. “From my experience, the majority of home buyers and owners are unfamiliar with what Radon is, and they don’t know that it might be present in a home. Northern Virginia is a particular problem area, with 56% of the tested homes containing Radon levels higher than recommended by EPA standards. This map breaks down levels of Radon by area.”
“Newly built homes should have an independent pre-drywall inspection and a pre-closing inspection,” recommends Eric Boll. “It’s not uncommon to find structural and construction issues at a pre-drywall inspection. At pre-closing inspections water leaks are the most common finding followed by poorly performing air conditioners. We have also found several instances of the attic insulation not being installed.”
Buyers in Virginia should also consider having a radon test performed to determine if there are elevated levels of radon, which is a known carcinogen,” recommends Affordable Home Inspection Inc. “Homes built before 1978, may also contain lead based paint or plumbing components, which is also a potential health hazard. Mold is also a common problem in many homes, which can cause damage to components, as well as create health risks. We provide further professional testing services for the presence of lead, mold, radon and asbestos.”
Are home inspections required in Virginia?
“Virginia is a “buyer beware” state, leaving one of the most important decisions an individual or couple will make,” says Start Right Home Inspection. “Home Buyers can ask for a home inspection, and I recommend being present during the inspection. You can ask questions, see any serious findings, and the inspector can provide an explanation why the condition exists followed by a written report. Having the results of your inspection will prepare you with the facts to move on your decision with confidence and peace of mind.”
How much does a home inspection cost in Virginia?
“The price of a home inspection in Virginia varies based on a number of factors, primarily square footage and home style,” informs Red Star Home Inspection, LLC. “An equestrian property costs significantly more than a studio apartment because of the breadth of expertise and time commitment required. That said, if you are considering a condo or a single family home, the prices will generally start from $350 and $500, respectively.”
Expert advice for Virginia buyers before they get a home inspection
Ask your inspector questions
Red Worsham from Worsham Inspections, LLC suggests, “When selecting a home inspector it is important to ask about their experience. You want an inspector that has experience in the field, not just classroom knowledge.”
Choose a reliable inspector
“Research home inspectors online, with quality reviews, not just the number of reviews but what
are they saying about their experience with the inspector/company,” recommends Dash Home Inspection. “Identify if it fits your individual needs from an inspection. Do not skip a home inspection. With average home sales at $350,000.00 and average home inspections at $400.00, it is a very small price to pay for peace of mind. To put it in perspective it is only 0.00115 of the average home value. Sometimes saving a buck can cost you thousands.”
Do your own research
“Virginia is a buyer beware state, meaning that each buyer is advised to do their own research before making a purchase as some information is not required to be provided by the seller,” suggests Straight Point Home Inspection. “A home inspection is a vital part of the process for learning as much as you can about the home before making the purchase and, if completed by a professional home inspector, should give more confidence in the home buying process. Sometimes this means that the right decision for the buyer is purchasing the home and sometimes it’s to walk away from a project that may be too much to consider during this time.”
Use your inspection report as a negotiating tool
“The home inspector reports on best practices and recommendations in the report are not required,” informs ATLAS Home Inspection. “The home inspection is voluntary, and when purchasing an older home, the current building code is recommended, but also not required. The home inspection report is useful for negotiations, and can be used for repair estimates or as a checklist for repairs. The inspector can also offer consultations on pre-purchase inspections, repairs, or additions.”
Virginia home inspection: the bottom line
In Virginia’s dynamic real estate landscape, where historical and contemporary elements converge and diverse climatic conditions introduce their unique challenges, home inspections play an indispensable role. Whether scrutinizing centuries-old properties or newly constructed residences, the essential factor is looking beyond the property’s exterior to comprehend its overall condition. For both buyers and sellers in Virginia, a comprehensive home inspection serves as a crucial tool, fostering well-informed choices, transparency, and the achievement of a prosperous property transaction.
One of the original 13 colonies, Virginia has a rich history from the Jamestown settlement and living history museums like Colonial Williamsburg, to the picturesque Blue Ridge Mountains and the beach towns along the coast. If you’re considering living somewhere in Virginia then chances are you also have a budget you’re hoping to stay under in your home or apartment search. When it comes to buying a home in Virginia the median home sale price is $445,200.
Don’t worry if that price doesn’t fit in your budget – we’ve got options to help you find a home or apartment that does. Redfin has rounded up a list of the 8 most affordable places to live in Virginia – and they all have a median home sale price under $445,200. From Hampton to Richmond, let’s jump in and see what cities are on the list.
#1: Roanoke
Median home price: $201,000
Average sale price per square foot: $136
Average rent for a 1-bedroom apartment: $906
Median household income: $45,664
Nearest major metro: Greensboro, NC (100 miles)
Roanoke, VA homes for sale
Roanoke, VA apartments for rent
With a median home sale price of $201,000, Roanoke comes in at number one on our list of most affordable places to live in Virginia. There are about 100,000 residents living in this mid-sized city. If you’re considering moving to Roanoke make sure to stop by the Mill Mountain Star at the top of Mill Mountain Park, explore downtown Roanoke, or visit museums like Taubman Museum of Art or Virginia Museum of Transportation.
#2: Hampton
Median home price: $260,000
Average sale price per square foot: $174
Average rent for a 1-bedroom apartment: $1,223
Median household income: $59,380
Nearest major metro: Norfolk (10 miles)
Hampton, VA homes for sale
Hampton, VA apartments for rent
Coming in as the second best affordable city to live in Virginia is Hampton, part of the Hampton Roads Metropolitan area. When living in this city of 137,100 people, you can take a tour of one of the many museums like the Virginia Air and Space Center, visit the historic Fort Monroe National Monument, or have a beach day at Buckroe Beach.
#3: Portsmouth
Median home price: $264,000
Average sale price per square foot: $172
Average rent for a 1-bedroom apartment: $1,025
Median household income: $53,213
Nearest major metro: Norfolk (3 miles)
Portsmouth, VA homes for sale
Portsmouth, VA apartments for rent
About 97,900 people reside in Portsmouth. The median home sale price is $264,000 which is about $100K less than the median home sale price in Virginia. If you find yourself moving to the third most affordable city in Virginia, spend an evening outside watching a concert at Atlantic Union Bank Pavilion and have a meal at a waterfront restaurant. Make sure to check out the charming Olde Towne Historic District or discover the exhibits at Portsmouth Naval Shipyard Museum.
#4: Lynchburg
Median home price: $276,900
Average sale price per square foot: $167
Average rent for a 1-bedroom apartment: $972
Median household income: $59,380
Nearest major metro: Roanoke (50 miles)
Lynchburg, VA homes for sale
Lynchburg, VA apartments for rent
Only slightly more expensive than Portsmouth is Lynchburg, the next city on our list. With roughly 79,000 residents in Lynchburg, make sure to visit Riverside Park along the James River and explore the Percival’s Island Natural Area if you’re looking to spend some time outside. You can also check out downtown Lynchburg and the nearby Diamond Hill Historic District and Federal Hill Historic District.
#5: Newport News
Median home price: $284,000
Average sale price per square foot: $170
Average rent for a 1-bedroom apartment: $1,239
Median household income: $59,380
Nearest major metro: Norfolk (20 miles)
Newport News, VA homes for sale
Newport News, VA apartments for rent
Another great area to add to your list is Newport News, located just north of Hampton. With 186,200 residents, moving to this affordable city gives you the perks of city-life. Living in Newport News, you can check out one of the riverfront parks like Victory Landing Park, Huntington Park, or Riverview Farm Park, explore Newport News Park, or visit one of the museums like the Virginia Living Museum or the Virginia War Museum.
#6: Harrisonburg
Median home price: $327,500
Average sale price per square foot: $179
Average rent for a 1-bedroom apartment: $758
Median household income: $49,117
Nearest major metro: Charlottesville (55 miles)
Harrisonburg, VA homes for sale
Harrisonburg, VA apartments for rent
Another well-known city is Harrisonburg, where you’ll find the home prices are about $100K less than the state’s average. With roughly 51,800 people calling Harrisonburg home, it’s a great area to consider renting or buying a home this year. Whether you explore the greenery and flowers at Edith J. Carrier Arboretum and Botanical Gardens, check out Hillandale Park, and visit downtown Harrisonburg where you’ll find Saturday Harrisonburg Farmers Market, there are many cool things to do and see in this city.
#7: Suffolk
Median home price: $366,000
Average sale price per square foot: $182
Average rent for a 1-bedroom apartment: $1,075
Median household income: $81,883
Nearest major metro: Norfolk (20 miles)
Suffolk, VA homes for sale
Suffolk, VA apartments for rent
Seventh on our list of affordable places to live in Virginia is Suffolk. With a population of nearly 94,300, living in Suffolk is a great option for those looking for a mid-sized city to live in. Don’t miss out on taking a boat out on the water or walking through Bennett’s Creek Park, enjoying the river views at Sleepy Hole Park, or checking out the art galleries, restaurants, and museums in the heart of Suffolk.
#8: Richmond
Median home price: $378,000
Average sale price per square foot: $233
Average rent for a 1-bedroom apartment: $1,497
Median household income: $51,421
Richmond, VA homes for sale
Richmond, VA apartments for rent
Last but not least on our list of most affordable places to live in Virginia is Richmond. Nearly 226,600 residents call this affordable city home. Be sure to visit the historic sites, neighborhoods, and museums like the Maymont mansion, the American Civil War Museum, and Byrd Park Court Historic District. You can also check out Belle Isle, stop by the Virginia State Capitol building, and see a concert at The National once living in Richmond.
Methodology: All cities must have over 50,000 residents per the US Census and have a median home sale price under the average median home sale price in Virginia. Median home sale price and median sale price per square foot from the Redfin Data Center during August 2023. Average rental data from Rent.com August 2023. Population and median household income data sourced from the United States Census Bureau.
Arlington, VA, is one of the great destinations to relocate to in the Mid-Atlantic region. This city is known for many things including its monuments and memorials, like the Arlington National Cemetery and the Arlington House. Other points of interest include the United States Marine Corps War Memorial, the United States Air Force Memorial, and the Pentagon Memorial.
For homebuyers, you’ll find that the median home sale price is $650,000, the average sale price per square foot is $428, and the housing market is somewhat competitive. And if you’re considering renting an apartment in Arlington, the average rent for a two-bedroom apartment is $3,093.
If those prices are out of your budget, don’t worry, we’ve got options to help you find a home. We’ve rounded up a list of the 10 best affordable Arlington suburbs to consider living in – and they’re all under a 20-minute drive from the city. You’ll still be close enough to Arlington to explore the city’s great neighborhoods without the price of living there.
#1: Tysons
Median home price: $485,000
Average sale price per square foot: $384
Driving distance from Arlington: 15 minutes
Tysons, VA homes for sale
Tysons, VA apartments for rent
With a median home sale price of $485,000, Tysons is the most affordable Arlington suburb on our list. Just about a 15-minute drive away from Arlington, you won’t miss out on what the city has to offer. If you’re considering moving to this area, check out everything that makes this suburb an awesome place to move to.
#2: Merrifield
Median home price: $562,450
Average sale price per square foot: $405
Driving distance from Arlington: 15 minutes
Merrifield, VA homes for sale
Merrifield, VA apartments for rent
Merrifield is just a little more expensive than Tysons. The same distance from Arlington as Tysons, you can shop and dine in Ballston Quarter in no time. When living in this suburb of 20,500 people, make sure to explore Towers Park or spend the day checking out the charming downtown.
#3: Lincolnia
Median home price: $575,000
Average sale price per square foot: $296
Driving distance from Arlington: 15 minutes
Lincolnia, VA homes for sale
Lincolnia, VA apartments for rent
15 minutes away from downtown, you’ll find yourself in the suburb of Lincolnia. Even with a population of about 22,900, there are plenty of fun things to do in Lincolnia. If you move here, explore the beautiful Green Spring Gardens or play golf at Pinecrest Golf Course.
“As a coffee person, the best budget-friendly thing to do in Lincolnia, Arlington is absolutely spending time in coffee places. For Five Coffee and grounded coffee shop are my favorite cafes,” recommends Operator Coffee Co. “Their cozy environment and freshly roasted coffee always make me feel relaxed.”
#4: Annandale
Median home price: $580,000
Average sale price per square foot: $315
Average rent for a 2-bedroom apartment: $1,978
Driving distance from Arlington: 20 minutes
Annandale, VA homes for sale
Annandale, VA apartments for rent
A little more expensive than Lincolnia is none other than Annandale. About 43,400 people live in this Arlington suburb and there are plenty of activities to do and places to see. You can shop and dine at the Annandale Towne Center, head to Mason District Park to explore the trails at Mill Creek Park, or take a guided tour of the historic Hooff’s Run Stone House.
#5: Idylwood
Median home price: $605,000
Average sale price per square foot: $353
Driving distance from Arlington: 15 minutes
Idylwood, VA homes for sale
Idylwood, VA apartments for rent
Only a 15-minute drive into the city, consider adding Idylwood to your list of Arlington suburbs to consider moving to. With about 18,000 people living in this affordable town, Idylwood is a great option to consider if you’re looking to stay close to Arlington without paying the premium for a home in the city. In Idylwood, you’re never far from something cool to do or explore.
#6: West Falls Church
Median home price: $701,200
Average sale price per square foot: $366
Driving distance from Arlington: 15 minutes
West Falls Church, VA homes for sale
West Falls Church, VA apartments for rent
Another noteworthy Arlington suburb is West Falls Church. Home to roughly 30,200 people, West Falls Church is a great suburb to consider buying a home or renting an apartment in. There are lots of activities in this suburb – you can check out one of the parks like Roundtree Park, among many other local favorites.
#7: Falls Church
Median home price: $722,500
Average sale price per square foot: $365
Driving distance from Arlington: 10 minutes
Falls Church, VA homes for sale
Falls Church, VA apartments for rent
Seventh on our list of affordable Arlington suburbs is Falls Church, which is almost a 10-minute drive into the city center. With a population of nearly 14,700, living in Falls Church is a great alternative to city life. If you’re going to call this suburb home, plan time to spend the afternoon at a park or grab a bite to eat at a local restaurant.
#8: Pimmit Hills
Median home price: $740,000
Average sale price per square foot: $361
Driving distance from Arlington: 15 minutes
Pimmit Hills, VA homes for sale
Pimmit Hills, VA apartments for rent
Living in Arlington, it’s likely that you know of Pimmit Hills, the eighth suburb on our list. About 6,600 people reside in Pimmit Hills, so you’ll have a fraction of Arlington’s population while remaining only 15 minutes from the city. Be sure to stroll through Pimmit View Park once you move to the area.
#9: Seven Corners
Median home price: $795,000
Average sale price per square foot: $363
Driving distance from Arlington: 5 minutes
Seven Corners, VA homes for sale
Seven Corners, VA apartments for rent
Moving to Seven Corners will give you access to downtown Arlington in just about 5 minutes – as long as you don’t find yourself in traffic. Close to 9,100 people live in this suburb, but you’ll be surrounded by charming areas to explore in your free time.
#10: McLean
Median home price: $1,551,473
Average sale price per square foot: $402
Driving distance from Arlington: 20 minutes
McLean, VA homes for sale
McLean, VA apartments for rent
Rounding out our list of affordable Arlington suburbs, is McLean. While the home prices are higher, the average sale price per square foot is less than Arlington’s. This suburb has a population of 50,800, and you can take a walking tour of McLean Central Park, enjoy a day at Great Falls Park, explore the McLean Gardens and Greenways, and visit the McLean Historic District. There’s always something to check out while living in McLean.
Affordable things to do in around Arlington
1. Trail running
“Arlington has some great resources for running at all levels,” says DC Front Runners. “There are trails that go along the water, past monuments, and all over the city which allow runs ranging from casual to marathon training distances which connect to trails in Washington DC and neighboring areas.”
2. Volunteer at running events
“Anyone can participate in our single day to season-long volunteer opportunities with Girls on the Run. Volunteers get a truly unique experience, no matter what the role is, and witness how inspirational the program can be for participating runners,” suggests Sammy from Girls on the Run of Northern Virginia. “It’s about so much more than running, with our emphasis on teaching critical life skills like confidence and decision-making. Our social-emotional learning is taught through activities that get kids and adults moving and help them build a healthy relationship with physical activity.”
3. Hike
“My favorite affordable thing to do in Arlington is to hike the Potomac Heritage Trail along the Potomac River. It is beautiful and feels remote, even though it is in the middle of the city. The best place to access the trail is through Windy Run Park in Arlington,” recommends Natural Ecological Communities of Northern Virginia.
4. Biking
“My favorite affordable thing to do in Arlington, Virginia, is to bike on the world-class bike trails. Arlington is located between many exciting things to see. I like to bike to Gravelly Point to watch the airplanes at National Airport take off or land over me,” suggests Todd Wallace from I Love Arlington. “Sometimes I cross the Memorial Bridge to Washington, DC, to bike up and down the National Mall watching events and visiting museums. On days when I’m ambitious, I will bike the Mt. Vernon trail to George Washington’s Mount Vernon, a beautiful ride.”
Methodology: Affordability is based on whether a suburb’s median home sale price or average sale price per square foot is less than Arlington and under a 20-minute drive from downtown Arlington. Median home sale price data from the Redfin Data Center during November 2022. Average rental data from Rent.com November 2022. Population data sourced from United States Census Bureau.
Learn more about Arlington:
16 Unique Things to Do in Arlington, VA
Locals Rave About These 10 Beautiful Places in Arlington, Virginia