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Featured local agent — Broadway, VA
Sarah Mitchell
Compass Real Estate · Broadway, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Broadway, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$381,450median sale price
How is the Broadway, VA housing market right now?
The median home sale price in Broadway, VA is $381,450, up 14.2% year-over-year. Homes sell in an average of 70 days with 5 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Broadway a buyer's or seller's market?
Broadway, VA is currently a seller's market, based on 0.8 months of supply and homes selling in about 70 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
70
Average pace
Active listings
5
0.8 months supply
Sale-to-list
98.5%
Below asking
What does the Broadway housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $381,450 |
| Median list price | $397,450 |
| Year-over-year price change | +14.2% |
| Average days on market | 70 days |
| Active inventory | 5 listings |
| Months of supply | 0.8 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $185/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 8 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Broadway by property type?
How the Broadway, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $442,450 | $190/sq ft | 4 | 70 days |
| Townhouse | $296,500 | $184/sq ft | 2 | 99 days |
Source: Redfin · Updated monthly
The Broadway housing market is currently classified as a seller's market with a median sale price of $381,450. Prices have risen 14.2% compared to last year, with homes spending an average of 70 days on market, indicating 0.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Broadway
There are currently 5 homes listed for sale in Broadway, Virginia. The median listing price is $397K.
Active listings
5
Homes on market
Median list price
$397K
Avg. days on market
70
Days until sale
New this week
8
Newly listed
Who lives in Broadway?
Population
4,221
Median income
$61,685/yr
Median age
39 years
Owner-occupied
61.5%
College grads
24.7%
Avg commute
23.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Broadway?
Zillow home value
$324,051
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Broadway?
Broadway is a community of approximately 4K residents with a median age of 39 years.The median household income is $61,685, which represents a working-class community with solid middle-income opportunities. 24.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.5%, showing a blend of owner and renter-occupied properties. The average commute time is 23.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Broadway offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Broadway?
3 schools tracked · 2,020 students
The largest public schools serving Broadway, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Broadway High
Grades 9-12 · 896 students
J. Frank Hillyard Middle
Grades 6-8 · 642 students
John C. Myers Elementary
Grades PK-5 · 482 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Broadway, VA?
Want a head-to-head view? Compare Broadway side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Broadway?
The median home sale price in Broadway is $381,450, up 14.2% from last year.
How long do homes stay on market in Broadway?
Homes typically spend 70 days on market before going under contract.
What is the median income in Broadway?
The median household income is $61,685 per year.
Is Broadway a buyer's or seller's market?
With 0.8 months of supply, Broadway is currently a seller's market.
What is the Zillow home value estimate for Broadway?
The Zillow Home Value Index (ZHVI) for Broadway is $324,051, representing the typical home value in the area.
How much does a single-family home cost in Broadway?
The median single-family home price in Broadway, VA is $442,450 (about $190 per square foot).
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