North Shore, VA housing market
Homes typically sell in 30 days, below asking.
Home values, sales, trends and how North Shore compares with the towns next door — updated as new data is published.
North Shore at a glance
A balanced market
About 4.3 months of supply: neither buyers nor sellers have a clear edge.
Home prices up 55% in 5 years
The federal house price index for the ZIP codes around North Shore rose 55% over the past 5 years, faster than across Virginia (49%). Prices were about flat last year. Carrying the Census median home value forward with that index puts the typical North Shore home at roughly $613,000 today.
Show as a table
| Year | Change that year | Since 2000 | Virginia since 2000 |
|---|---|---|---|
| 2025 | +0.2% | +175% | +189% |
| 2024 | +15% | +175% | +178% |
| 2023 | +5.9% | +140% | +161% |
| 2022 | +16% | +127% | +142% |
| 2021 | +10% | +95% | +113% |
| 2020 | +2.4% | +77% | +94% |
| 2019 | +5.8% | +73% | +88% |
| 2018 | +0.1% | +64% | +81% |
| 2017 | +5.5% | +63% | +74% |
| 2016 | −4.3% | +55% | +69% |
| 2015 | +6.8% | +62% | +65% |
| 2014 | +0.3% | +52% | +61% |
| 2013 | −4.4% | +51% | +57% |
| 2012 | −2.2% | +58% | +55% |
| 2011 | −3.5% | +62% | +57% |
| 2010 | −6.9% | +67% | +61% |
| 2009 | −3.3% | +80% | +69% |
| 2008 | +1.4% | +86% | +81% |
| 2007 | +4.5% | +84% | +89% |
| 2006 | +11% | +76% | +86% |
| 2005 | +17% | +59% | +69% |
| 2004 | +15% | +35% | +41% |
| 2003 | +4.3% | +17% | +23% |
| 2002 | +5.5% | +13% | +17% |
| 2001 | +6.6% | +6.6% | +8.2% |
| 2000 | — | — | — |
How North Shore ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 24121, 24184, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
North Shore and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| North Shore | — | +0.2%† | $1,290 | $109,951 |
| Westlake Corner | — | −1.8%† | $1,170 | $95,000 |
| Union Hall | $862K | +2.4% | $1,420 | $103,125 |
| Penhook | $502K | +2% | $1,090 | $108,750 |
† FHFA price index change, where Zillow has no home value for the town.
4.6 years of income
The typical North Shore home costs about 4.6 years of the town's median household income, about the same as across Virginia (4.5).
How North Shore 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 $1,290
HUD's Fair Market Rent for a two-bedroom in North Shore is $1,290 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in North Shore pay a median of $1,133, so moving in tends to cost more than staying put. A two-bedroom takes about 14% of the town's median household income.
Studio $1,090 · 4 bedrooms $2,010
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (24121, 24184; Lynchburg, 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. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.