Stephens, VA housing market
The typical Stephens home is worth about $429,000, up 0.6% in a year, close to the Virginia typical home. Homes typically sell in 36 days, close to asking.
Home values, sales, trends and how Stephens compares with the towns next door — updated as new data is published.
Stephens at a glance
A seller's market
Supply is tight — about 2.8 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Stephens | Virginia |
|---|---|---|
| 2017 | $262,000 | $253,000 |
| 2018 | $276,000 | $263,000 |
| 2019 | $284,000 | $271,000 |
| 2020 | $299,000 | $284,000 |
| 2021 | $326,000 | $311,000 |
| 2022 | $377,000 | $345,000 |
| 2023 | $393,000 | $367,000 |
| 2024 | $412,000 | $386,000 |
| 2025 | $427,000 | $405,000 |
| 2026 | $429,000 | $411,000 |
| August 2026 | $429,000 | $415,000 |
4.2 years of income
The typical Stephens home costs about 4.2 years of the town's median household income, about the same as across Virginia (4.5).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,760
HUD's Fair Market Rent for a two-bedroom in Stephens is $1,760 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Stephens pay a median of $1,210, so moving in tends to cost more than staying put. A two-bedroom takes about 21% of the town's median household income.
Studio $1,270 · 4 bedrooms $2,950
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (22655; Warren County, VA HUD Metro FMR Area), 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.
Recent listings in Stephens
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.