Abingdon, VA housing market
The typical Abingdon home is worth about $288,000, up 2.6% in a year, 31% below the Virginia typical home. Homes typically sell in 58 days, below asking.
Home values, sales, trends and how Abingdon compares with the towns next door — updated as new data is published.
Abingdon at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Abingdon | Virginia |
|---|---|---|
| 2017 | $155,000 | $253,000 |
| 2018 | $159,000 | $263,000 |
| 2019 | $166,000 | $271,000 |
| 2020 | $174,000 | $284,000 |
| 2021 | $189,000 | $311,000 |
| 2022 | $216,000 | $345,000 |
| 2023 | $240,000 | $367,000 |
| 2024 | $269,000 | $386,000 |
| 2025 | $280,000 | $405,000 |
| 2026 | $282,000 | $411,000 |
| August 2026 | $288,000 | $415,000 |
84 new homes permitted in 2025
Builders were permitted 84 new homes in Abingdon in 2025: 10 single-family houses and 74 in buildings with two or more homes, worth about $9.8 million to build. That's 10 per 1,000 residents, faster than across Virginia (4). Over the past 10 years, Abingdon has permitted 147 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Abingdon gained 185 residents while 69 new homes were permitted: about 2.7 new residents per new home. Building and growth moved roughly in step. Across Virginia: 2.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 59 | 8 | 51 | $7.3 million |
| 2025 | 84 | 10 | 74 | $9.8 million |
| 2024 | 16 | 16 | 0 | $3.5 million |
| 2023 | 13 | 11 | 2 | $2.1 million |
| 2022 | 3 | 3 | 0 | $584,000 |
| 2021 | 9 | 2 | 7 | $1.1 million |
| 2020 | 4 | 4 | 0 | $1.5 million |
| 2019 | 13 | 7 | 6 | $1.8 million |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 3 | 3 | 0 | $510,000 |
| 2016 | 2 | 2 | 0 | $262,000 |
| 2015 | 4 | 4 | 0 | $695,000 |
| 2014 | 4 | 4 | 0 | $540,000 |
| 2013 | 11 | 11 | 0 | $1.6 million |
| 2012 | 6 | 6 | 0 | $1.4 million |
| 2011 | 19 | 4 | 15 | $1.8 million |
| 2010 | 7 | 7 | 0 | $1.8 million |
| 2009 | 22 | 8 | 14 | $1.9 million |
| 2008 | 45 | 7 | 38 | $4.3 million |
| 2007 | 43 | 13 | 30 | $4.5 million |
| 2006 | 34 | 34 | 0 | $5 million |
| 2005 | 69 | 27 | 42 | $7.8 million |
| 2004 | 65 | 33 | 32 | $6.4 million |
| 2003 | 78 | 10 | 68 | $4.2 million |
| 2002 | 84 | 16 | 68 | $3.9 million |
| 2001 | 17 | 12 | 5 | $1.3 million |
| 2000 | 33 | 24 | 9 | $2.6 million |
How Abingdon ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
5.3 years of income
The typical Abingdon home costs about 5.3 years of the town's median household income, more than across Virginia (4.5 years).
How Abingdon ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,050
HUD's Fair Market Rent for a two-bedroom in Abingdon is $1,050 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Abingdon pay a median of $838, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.
Studio $730 · 4 bedrooms $1,480
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (24210, 24211; Kingsport-Bristol, TN-VA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Abingdon
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.