Housing · Broadway

Broadway, VA housing market

The typical Broadway home is worth about $324,000, up 2.9% in a year, 22% below the Virginia typical home. Homes typically sell in 70 days, close to asking.

Home values, sales, trends and how Broadway compares with the towns next door — updated as new data is published.

The market right now

Broadway at a glance

Typical home value
$324K
▲ 2.9% in a year · Zillow
Median sale price
$381K
May 2026 · Redfin
Days on market
70
Virginia: 28 days
Sale-to-list
98.5%
Homes sell near asking
Homes sold
6
in May · 5 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Ten-year trend

Typical home value, 2016–2026

BroadwayVirginia
$150K$200K$250K$300K$350K$400K$450K 20182020202220242026 Broadway $324K Virginia $415K
Show as a table
JanuaryBroadwayVirginia
2017$187,000$253,000
2018$190,000$263,000
2019$196,000$271,000
2020$202,000$284,000
2021$228,000$311,000
2022$256,000$345,000
2023$280,000$367,000
2024$300,000$386,000
2025$312,000$405,000
2026$319,000$411,000
August 2026$324,000$415,000
Affordability

5 years of income

The typical Broadway home costs about 5 years of the town's median household income, more than across Virginia (4.5 years).

How Broadway ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
64.4%
Virginia: 67.3%
Median tax bill
$1,450
Virginia: $2,790
Median rent
$1,095
Virginia: $1,579
Typical home built
1993
Virginia: 1984

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,260

HUD's Fair Market Rent for a two-bedroom in Broadway is $1,260 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Broadway pay a median of $1,095, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.

1 bedroom
$980
a month, with utilities
2 bedrooms
$1,260
a month, with utilities
3 bedrooms
$1,700
a month, with utilities
Share of income
23%
2 bedrooms ÷ median income

Studio $980 · 4 bedrooms $2,090

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (22815; Harrisonburg, 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.

On the market

Recent listings in Broadway

Listed in the past 60 days. Each opens on the listing site.

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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01