Chilhowie, VA housing market
The typical Chilhowie home is worth about $196,000, up 4.4% in a year, 53% below the Virginia typical home.
Home values, sales, trends and how Chilhowie compares with the towns next door — updated as new data is published.
Chilhowie at a glance
Typical home value, 2016–2026
Show as a table
| January | Chilhowie | Virginia |
|---|---|---|
| 2017 | $108,000 | $253,000 |
| 2018 | $109,000 | $263,000 |
| 2019 | $114,000 | $271,000 |
| 2020 | $118,000 | $284,000 |
| 2021 | $132,000 | $311,000 |
| 2022 | $149,000 | $345,000 |
| 2023 | $162,000 | $367,000 |
| 2024 | $173,000 | $386,000 |
| 2025 | $183,000 | $405,000 |
| 2026 | $193,000 | $411,000 |
| August 2026 | $196,000 | $415,000 |
No new homes permitted in 2025
No permits for new homes were issued in Chilhowie in 2025. The last year with any was 2024 (2 new homes).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $303,000 |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 2 | 2 | 0 | $605,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 2 | 2 | 0 | $410,000 |
| 2018 | 1 | 1 | 0 | $450,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $110,000 |
| 2014 | 2 | 2 | 0 | $400,000 |
| 2013 | 2 | 2 | 0 | $400,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
3.8 years of income
The typical Chilhowie home costs about 3.8 years of the town's median household income, less than across Virginia (4.5 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Chilhowie is $970 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Chilhowie pay a median of $802, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.
Studio $680 · 4 bedrooms $1,510
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (24319; 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.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. 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.