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Sarah Mitchell

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Compass Real Estate · Motley, VA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Motley, VA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Motley, VA Housing Market

Balanced market
Redfin, through April 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $240,050 (through May 2026). With homes going under contract in about 42 days, Motley is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $240,050 home is about $1,282/mo in principal and interest.

Key numbers for Motley, VA

Median sale price

$240,050

Last published period

Redfin, through April 2026

Days on market

42

Average pace

Redfin, through April 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$45,833

Home costs 5.2x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.0%

Selling above asking

Redfin, through April 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 Motley a buyer's or seller's market?

Balanced market42 days on market100.0% of asking

Motley, VA is a balanced market and homes selling in about 42 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Motley housing market data show?

Every row below is Redfin's final published month for Motley, VA. Redfin, through April 2026

Housing market statistics for Motley, VA, Redfin through May 2026
MetricValue
Median sale price$240,050
Median price per sq ft$189/sq ft
Median days on market42 days
Sale-to-list price ratio100.0%
Homes sold (that month)2
Market conditionBalanced 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 Motley is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Motley 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 Motley home prices moved?

Across the 32 months we hold for Motley, VA, the median sale price rose 220.1%, from $75,000 in May 2021 to $240,050.

Redfin, through April 2026 — the chart ends at Redfin's final published month.

Get Motley market alerts

Weekly updates on prices, inventory, and trends. Free forever.

What does it cost to buy a home in Motley?

Priced off the median sale price of $240,050 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.

Monthly principal and interest by down payment in Motley, VA
Down paymentCash at closeLoan amountMonthly P&I
20%$48,010$192,040$1,282/mo
5%$12,003$228,048$1,522/mo

Redfin, through April 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 $1,282, that implies roughly $54,922 a year before you add taxes and insurance. The median household in Motley earns $45,833, about $9,089 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 5.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Motley in the next 12 months?

Tell us your timeline. We send the Motley market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Motley?

Zillow does not publish a rent index (ZORI) for Motley, 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 Motley?

Active listings in Motley, VA went from 1 in September 2023 to 1 in February 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Motley, VA
MonthActive listingsNew listings
October 202311
December 202322
January 20241not published
February 202412
February 20251not published
May 202532
September 20253not published
October 202531
November 202531
December 20251not published
January 202621
February 20261not published

Redfin, through February 2026

How does Motley compare to Virginia and the U.S.?

Motley homes sell for $240,050 — 52% below the Virginia median of $499,300. Against the national median of $410,700, Motley runs 42% lower.

Motley, VA compared with Virginia and the United States
MarketMedian sale priceYoYDays on market
Motley, VA$240,050not published42 days
Virginia statewide$499,300+3.9%28 days
United States$410,700not publishednot published

City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Motley

What buyers should watch

  • The gap between 5% and 20% down here is $240 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 $240,050 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 Motley listing goes under contract in 42 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.
  • Comparable ZIP-level pricing inside Motley varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Motley

Explore homes currently listed for sale in Motley, Virginia across major real estate platforms.

Sale-to-list:100.0%

How much do homes cost in Motley by property type?

How the Motley, VA market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026

Median price, price per square foot, homes sold and days on market by property type in Motley, VA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$240,050$189/sq ft242 days

Who lives in Motley?

American Community Survey estimates for Motley. U.S. Census ACS, 2023

Population

743

Households

364

Median income

$45,833/yr

Median age

57.7 years

Owner-occupied

76.4%

Median home value

$120,700

Median gross rent

$822/mo

Mean commute

29.6 min

76.4% of occupied homes in Motley 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 Motley, VA?

Ordered by distance from Motley, not by size. Compare Motley side by side with any of them.

Motley housing market FAQ

Is Motley a buyer's or seller's market?

Motley, VA is currently a balanced market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.

How much do homes cost in Motley?

The median sale price in the last month Redfin published was $240,050, about $189 per square foot.

Is Motley cheaper than the rest of Virginia?

Motley's median sale price of $240,050 is 52% lower than the Virginia statewide median of $499,300, and 42% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Motley?

Homes in Motley, VA spent a median of 42 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 Motley?

At the current 30-year fixed rate of 7.03%, 20% down on a $240,050 home is about $1,282 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $54,922 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $45,833.

Are home prices rising in Motley?

We do not hold a complete 12-month value series for Motley, 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 Motley?

Motley 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 Motley?

That depends on your timeline, not on a headline. What the data says today: Motley, VA is a balanced market, 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 $240,050, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.