Highland County, Virginia home prices
Typical home $283,985 · +3.4% in a year · property tax 0.57%
The typical home in Highland County is worth $283,985, 31% less than the Virginia typical home ($412,252). Values changed +3.4% in the past year and +29.9% over five years. Homeowners here pay a median 0.57% of their home's value in property tax each year ($1,612 on the typical home), versus 0.71% statewide.
Mortgage on the typical Highland County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $56,797 | $227,188 | $1,528 | $0 | $276 | $1,805 | $77,300 |
| 10% down | $28,399 | $255,587 | $1,719 | $106 | $276 | $2,102 | $90,100 |
| 5% down | $14,199 | $269,786 | $1,815 | $112 | $276 | $2,204 | $94,400 |
| 3.5% down (FHA) | $9,939 | $278,842 | $1,876 | $126 | $276 | $2,278 | $97,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.57% 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.
Virginia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Colonial Heights City | $280,370 | +0.5% | 0.84% |
| Staunton City | $288,132 | +3.8% | 0.7% |
| Cumberland County | $288,159 | +9.4% | 0.57% |
| Surry County | $279,671 | +1.4% | 0.69% |
| Hampton City | $279,270 | +2.5% | 0.95% |
| Appomattox County | $289,196 | +7.8% | 0.52% |
| Salem City | $290,648 | +3.8% | 0.9% |
| Newport News City | $291,426 | +2.8% | 1.01% |
| Waynesboro City | $293,551 | +2.0% | 0.67% |
| Southampton County | $273,820 | +2.4% | 0.66% |
Frequently asked questions
What is the average home price in Highland County, VA?
The typical home value in Highland County is $283,985 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Highland County?
About $77,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Highland County?
The median effective rate is 0.57% of home value a year (Census ACS 2024 5-year estimates).