A homebuyer’s guide to purchasing property in Virginia

November 26, 2025

What to expect when purchasing a property in Virginia featured image

With beautiful beach scenery, city life, mountains and rural areas, Virginia has something to offer for a wide
variety of homebuyers. If you’re searching for your next property at a reasonable price, you may find Virginia to be
the perfect place to call home. 

Where are the cheapest homes in Virginia?

One of the most affordable cities to purchase a home in Virginia is Martinsville. It’s located close to the Blue
Ridge Mountains -making it great for those who enjoy scenic views. With such close ties to the environment, the city
is great for those who enjoy activities such as camping, hiking, swimming and more. 

Homes in Martinsville are 15 percent lower than the average cost of homes nationally and 17 percent lower than homes
within the whole state. 

How much is an acre of land in Virginia?

In Virginia, the cost of land rises in value by around 3.8 percent each year. Currently, You can purchase an acre of
land for around $4,700, which is cheaper than the national average. 

Is it hard to buy a house in Virginia?

Homes for sale in Virginia tend to be sold with ease; however, recently homebuyers may feel more pushback during the
process as property prices increase and inventory decrease. 

However, the state does offer perks to homeowners through organizations such as the Virginia Housing Development
Authority – which offers programs for first-time home buyers. These include grants, loans, financial classes and
more to ensure a successful and smooth transition into homeownership. 

Whether you’re searching for a custom home or acres of land for an agricultural venture, Virginia has much to offer.
No matter your real estate goals, consider collaborating with a real estate agent to find the property best suited
for your needs.