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Featured local agent — The Plains, VA
Sarah Mitchell
Compass Real Estate · The Plains, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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The Plains, VA Housing Market
The typical home in The Plains, VA is worth $987,686, rose 5.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $870,000, +43.1% year over year (through May 2026). With 1.0 months of supply and homes going under contract in about 60 days, The Plains is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $987,686 home is about $5,273/mo in principal and interest.
Key numbers for The Plains, VA
Typical home value
$987,686
+5.7% in 12 months
Zillow, August 2026
Median sale price
$870,000
+43.1% year over year
Redfin, through May 2026
Days on market
60
Average pace
Redfin, through May 2026
Active listings
1
1.0 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
$94,375
Home costs 10.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
96.7%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and 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 The Plains a buyer's or seller's market?
The Plains, VA is a seller's market, based on 1.0 months of supply and homes selling in about 60 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the The Plains housing market data show?
Every row below is Redfin's final published month for The Plains, VA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $870,000 |
| Median list price | $399,000 |
| Year-over-year price change | +43.1% |
| Median price per sq ft | $445/sq ft |
| Median days on market | 60 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 96.7% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Market condition | Seller'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 The Plains is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in The Plains 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 The Plains home prices moved?
Across the 21 months we hold for The Plains, VA, the median sale price rose 122.4%, from $391,250 in August 2021 to $870,000. The live Zillow value series has rose 5.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 96.7%. 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 The Plains?
Priced off the typical home value of $987,686 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% | $197,537 | $790,148 | $5,273/mo |
| 5% | $49,384 | $938,301 | $6,261/mo |
Zillow, August 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 $5,273, that implies roughly $225,977 a year before you add taxes and insurance. The median household in The Plains earns $94,375, about $131,602 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 10.5x — 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 The Plains in the next 12 months?
Tell us your timeline. We send the The Plains 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 The Plains?
Zillow does not publish a rent index (ZORI) for The Plains, 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 The Plains?
Active listings in The Plains, VA went from 1 in May 2022 to 1 in May 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| August 2022 | 1 | 2 |
| March 2023 | 1 | 1 |
| July 2023 | 3 | 1 |
| September 2023 | 2 | not published |
| October 2023 | 1 | not published |
| June 2024 | 2 | 1 |
| October 2024 | 1 | not published |
| March 2025 | 2 | 1 |
| April 2025 | 1 | not published |
| September 2025 | 2 | 1 |
| October 2025 | 1 | not published |
| May 2026 | 1 | 1 |
Redfin, through May 2026
How does The Plains compare to Virginia and the U.S.?
The Plains homes sell for $870,000 — 74% above the Virginia median of $499,300. Against the national median of $410,700, The Plains runs 112% higher. Year-over-year, The Plains moved +43.1% against Virginia's +3.9% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| The Plains, VA | $870,000 | +43.1% | 60 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 The Plains
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $989 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 $987,686 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 The Plains listing goes under contract in 60 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 96.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month The Plains added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +5.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside The Plains varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in The Plains
There are currently 1 homes listed for sale in The Plains, Virginia. The median listing price is $399K.
Active listings
1
Homes on market
Median list price
$399K
Avg. days on market
60
Days until sale
New this week
1
Newly listed
How much do homes cost in The Plains by property type?
How the The Plains, 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 | $870,000 | $445/sq ft | 1 | 60 days |
Who lives in The Plains?
American Community Survey estimates for The Plains. U.S. Census ACS, 2023
Population
114
Households
53
Median income
$94,375/yr
Median age
54.2 years
Owner-occupied
50.9%
Median home value
$412,500
Median gross rent
$1,313/mo
Mean commute
24.4 min
50.9% of occupied homes in The Plains 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. The Census self-reported median home value is $412,500 against Zillow's $987,686 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve The Plains?
1 schools tracked · 318 students
The largest public schools serving The Plains, 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.
W.G. Coleman Elementary
Grades PK-5 · 318 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 The Plains, VA?
Ordered by distance from The Plains, not by size. Compare The Plains side by side with any of them.
The Plains housing market FAQ
Is The Plains a buyer's or seller's market?
The Plains, VA is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 60 days, and sellers getting 96.7% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in The Plains?
The typical home in The Plains, VA is worth $987,686 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $870,000, about $445 per square foot.
Is The Plains cheaper than the rest of Virginia?
The Plains's median sale price of $870,000 is 74% higher than the Virginia statewide median of $499,300, and 112% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in The Plains?
Homes in The Plains, VA spent a median of 60 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 The Plains?
At the current 30-year fixed rate of 7.03%, 20% down on a $987,686 home is about $5,273 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $225,977 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $94,375.
Are home prices rising in The Plains?
The typical home value in The Plains, VA rose 5.7% over the last 12 months, from $934,376 to $987,686 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in The Plains?
The Plains 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 The Plains?
That depends on your timeline, not on a headline. What the data says today: The Plains, VA is a seller's market with 1.0 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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