Grottoes, VA housing market
The typical Grottoes home is worth about $314,000, up 4.3% in a year, 24% below the Virginia typical home. Homes typically sell in 6 days, close to asking.
Home values, sales, trends and how Grottoes compares with the towns next door — updated as new data is published.
Grottoes 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 | Grottoes | Virginia |
|---|---|---|
| 2017 | $174,000 | $253,000 |
| 2018 | $180,000 | $263,000 |
| 2019 | $188,000 | $271,000 |
| 2020 | $200,000 | $284,000 |
| 2021 | $223,000 | $311,000 |
| 2022 | $248,000 | $345,000 |
| 2023 | $273,000 | $367,000 |
| 2024 | $288,000 | $386,000 |
| 2025 | $298,000 | $405,000 |
| 2026 | $308,000 | $411,000 |
| August 2026 | $314,000 | $415,000 |
Grottoes and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Grottoes | $314K | +4.3% | $1,270 | $100,291 |
| Port Republic | $412K | +5.8% | $1,320 | — |
3.1 years of income
The typical Grottoes home costs about 3.1 years of the town's median household income, less than across Virginia (4.5 years).
How Grottoes 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 $1,270
HUD's Fair Market Rent for a two-bedroom in Grottoes is $1,270 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Grottoes pay a median of $840, so moving in tends to cost more than staying put. A two-bedroom takes about 15% of the town's median household income.
Studio $1,040 · 4 bedrooms $2,090
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (24441; 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.
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.