Bristol City, Virginia home prices
Typical home $177,856 · -3.0% in a year · property tax 0.75%
The typical home in Bristol City is worth $177,856, 57% less than the Virginia typical home ($412,252). Values changed -3.0% in the past year and +33.7% over five years. Homeowners here pay a median 0.75% of their home's value in property tax each year ($1,340 on the typical home), versus 0.71% statewide.
Mortgage on the typical Bristol City home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $35,571 | $142,285 | $957 | $0 | $201 | $1,158 | $49,600 |
| 10% down | $17,786 | $160,070 | $1,077 | $67 | $201 | $1,344 | $57,600 |
| 5% down | $8,893 | $168,963 | $1,137 | $70 | $201 | $1,408 | $60,300 |
| 3.5% down (FHA) | $6,225 | $174,635 | $1,175 | $79 | $201 | $1,454 | $62,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.75% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Virginia · part of the Kingsport metro area.
Virginia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Galax City | $180,866 | +7.0% | 0.76% |
| Bland County | $181,272 | +8.9% | 0.56% |
| Sussex County | $183,564 | +6.3% | 0.59% |
| Carroll County | $185,932 | +6.2% | 0.53% |
| Alleghany County | $187,513 | +3.1% | 0.79% |
| Scott County | $168,070 | +3.5% | 0.62% |
| Buena Vista City | $190,494 | +3.6% | 0.91% |
| Greensville County | $163,665 | +2.2% | 0.54% |
| Smyth County | $163,239 | +4.5% | 0.58% |
| Patrick County | $192,865 | +2.5% | 0.55% |
Frequently asked questions
What is the average home price in Bristol City, VA?
The typical home value in Bristol City is $177,856 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Bristol City?
About $49,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Bristol City?
The median effective rate is 0.75% of home value a year (Census ACS 2024 5-year estimates).