Gregg Herpst Real Estate

Virginia home sales market still strong: Good news if you already own one

Home sales in Virginia rose 12% from January to February, with a median sales price of $410,000. The median household income in Augusta County is $82,049, allowing affordability for homes priced around $255,000-$270,000, well below the median price. Increased inventory and steady buyer interest suggest a busy spring market, but rising mortgage rates due to geopolitical tensions may impact market momentum.

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