Shipman, VA housing market
The typical Shipman home is worth about $248,000, up 3.4% in a year, 40% below the Virginia typical home.
Home values, sales, trends and how Shipman compares with the towns next door — updated as new data is published.
Shipman at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Shipman | Virginia |
|---|---|---|
| 2017 | $138,000 | $253,000 |
| 2018 | $144,000 | $263,000 |
| 2019 | $153,000 | $271,000 |
| 2020 | $154,000 | $284,000 |
| 2021 | $180,000 | $311,000 |
| 2022 | $197,000 | $345,000 |
| 2023 | $219,000 | $367,000 |
| 2024 | $239,000 | $386,000 |
| 2025 | $241,000 | $405,000 |
| 2026 | $244,000 | $411,000 |
| August 2026 | $248,000 | $415,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,560
HUD's Fair Market Rent for a two-bedroom in Shipman is $1,560 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Shipman pay a median of $1,068, so moving in tends to cost more than staying put.
Studio $1,270 · 4 bedrooms $2,360
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (22971; Charlottesville, 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.