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Featured local agent — Horse Pasture, VA
Sarah Mitchell
Compass Real Estate · Horse Pasture, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Horse Pasture, VA Housing Market
The last median sale price Redfin published was $179,900 (through May 2026). With 9.0 months of supply and homes going under contract in about 40 days, Horse Pasture is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $179,900 home is about $960/mo in principal and interest.
Key numbers for Horse Pasture, VA
Median sale price
$179,900
Last published period
Redfin, through May 2026
Days on market
40
Average pace
Redfin, through May 2026
Active listings
9
9.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$57,637
Home costs 3.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Horse Pasture a buyer's or seller's market?
Horse Pasture, VA is a buyer's market, based on 9.0 months of supply and homes selling in about 40 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Horse Pasture housing market data show?
Every row below is Redfin's final published month for Horse Pasture, VA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $179,900 |
| Median list price | $379,900 |
| Median price per sq ft | $120/sq ft |
| Median days on market | 40 days |
| Active inventory | 9 listings |
| Months of supply | 9.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| New listings (that month) | 3 |
| Listings with a price cut | 44.4% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Horse Pasture is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Horse Pasture is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Horse Pasture home prices moved?
Over the last three years the median sale price in Horse Pasture, VA fell 28.1%, from $250,100 to $179,900. 44.4% of Horse Pasture listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 9.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Horse Pasture?
Priced off the median sale price of $179,900 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $35,980 | $143,920 | $960/mo |
| 5% | $8,995 | $170,905 | $1,140/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $960, that implies roughly $41,160 a year before you add taxes and insurance. The median household in Horse Pasture earns $57,637, about $16,477 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.1x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Horse Pasture in the next 12 months?
Tell us your timeline. We send the Horse Pasture market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Horse Pasture?
Zillow does not publish a rent index (ZORI) for Horse Pasture, VA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Horse Pasture?
Active listings in Horse Pasture, VA went from 6 in January 2025 to 9 in May 2026, a +50.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| February 2025 | 5 | 1 |
| April 2025 | 6 | not published |
| June 2025 | 7 | 2 |
| July 2025 | 7 | 1 |
| August 2025 | 8 | 2 |
| September 2025 | 5 | not published |
| November 2025 | 8 | 1 |
| December 2025 | 7 | 1 |
| January 2026 | 5 | 2 |
| February 2026 | 4 | 1 |
| April 2026 | 9 | 6 |
| May 2026 | 9 | 3 |
Redfin, through May 2026
How does Horse Pasture compare to Virginia and the U.S.?
Horse Pasture homes sell for $179,900 — 64% below the Virginia median of $499,300. Against the national median of $410,700, Horse Pasture runs 56% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Horse Pasture, VA | $179,900 | not published | 40 days |
| Virginia statewide | $499,300 | +3.9% | 28 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Horse Pasture
What buyers should watch
- Months of supply, currently 9.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 44.4%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $180 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $179,900 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Horse Pasture listing goes under contract in 40 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Horse Pasture added 3 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Horse Pasture varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Horse Pasture
There are currently 9 homes listed for sale in Horse Pasture, Virginia. The median listing price is $380K.
Active listings
9
Homes on market
Median list price
$380K
Avg. days on market
40
Days until sale
New this week
3
Newly listed
How much do homes cost in Horse Pasture by property type?
How the Horse Pasture, VA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $179,900 | $120/sq ft | 1 | 40 days |
Who lives in Horse Pasture?
American Community Survey estimates for Horse Pasture. U.S. Census ACS, 2023
Population
2,193
Households
790
Median income
$57,637/yr
Median age
54.5 years
Owner-occupied
81.0%
Median home value
$119,200
Median gross rent
$890/mo
Mean commute
22.7 min
81.0% of occupied homes in Horse Pasture are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Horse Pasture, VA?
Ordered by distance from Horse Pasture, not by size. Compare Horse Pasture side by side with any of them.
Horse Pasture housing market FAQ
Is Horse Pasture a buyer's or seller's market?
Horse Pasture, VA is currently a buyer's market. That read comes from 9.0 months of supply, homes going under contract in about 40 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Horse Pasture?
The median sale price in the last month Redfin published was $179,900, about $120 per square foot.
Is Horse Pasture cheaper than the rest of Virginia?
Horse Pasture's median sale price of $179,900 is 64% lower than the Virginia statewide median of $499,300, and 56% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Horse Pasture?
Homes in Horse Pasture, VA spent a median of 40 days on market before going under contract, versus 28 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Horse Pasture?
At the current 30-year fixed rate of 7.03%, 20% down on a $179,900 home is about $960 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $41,160 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $57,637.
Are home prices rising in Horse Pasture?
We do not hold a complete 12-month value series for Horse Pasture, VA yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Horse Pasture?
Horse Pasture ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Horse Pasture?
That depends on your timeline, not on a headline. What the data says today: Horse Pasture, VA is a buyer's market with 9.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $179,900, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.