Highland Springs, Virginia Real Estate & Housing Market

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Highland Springs Housing Information

Index	Highland Springs	Virginia	National
Median home price	$136,700	$248,400	$184,700
Median rent asked	$911	$1,135	$949
Avg. people per household	2.6	2.6	2.6
Owner occupied households	56.6%	65.8%	63.6%
Renter occupied households	43.4%	34.2%	36.4%

A general overview of the Highland Springs, VA real estate market is displayed above. The median home price for homes in Highland Springs, VA is $136,700, which is 45% lower than the Virginia average. This means that real estate in the Highland Springs, VA area is generally more affordable than the rest of Virginia. The median rent price in Highland Springs, VA is $911 which is 20% lower than the Virginia average. In Highland Springs, VA, 56.6% of people are home owners and an average of 2.6 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Highland Springs, VA. We make it easy to find Highland Springs, VA real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.

Highland Springs Home Affordability

Home affordability can be a very important factor when determining where to purchase real estate in Highland Springs, VA. One method that can be used to calculate home affordability is the home price to median household income ratio. The median home price in Highland Springs, VA is $136,700 and the median household income is $42,463. This results in a home price to income ratio of 3.2x, which is 14% lower than the Virginia average. The home affordability ratio is calculated by dividing the median home price by the median home income. A lower than average home price to income ratio means that homes in Highland Springs, VA are more affordable based on the median price of homes compared to home income. Of course, there are many other factors to consider when focusing on home affordability. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in Highland Springs, VA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Montrose, VA	7,909	$116,900	37%
Bensley, VA	6,031	$131,900	29%
Sandston, VA	6,883	$132,800	28%
Bellwood, VA	6,082	$133,300	28%
East Highland Park, VA	14,697	$145,600	21%
Highland Springs, VA	16,276	$136,700	26%

Cities with similar population

City, State	Population	Home Price	National Avg.
Groveton, VA	16,274	$418,500	127%
Oconomowoc, WI	16,289	$239,400	30%
Norcross, GA	16,293	$169,700	8%
Menomonie, WI	16,295	$139,000	25%
Bostonia, CA	16,295	$268,100	45%
Highland Springs, VA	16,276	$136,700	26%

Source: The Highland Springs, VA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).