West Point, VA housing market
The typical West Point home is worth about $336,000, up 3.9% in a year, 19% below the Virginia typical home. Homes typically sell in 29 days, a little above asking.
Home values, sales, trends and how West Point compares with the towns next door — updated as new data is published.
West Point 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 | West Point | Virginia |
|---|---|---|
| 2017 | $187,000 | $253,000 |
| 2018 | $196,000 | $263,000 |
| 2019 | $205,000 | $271,000 |
| 2020 | $214,000 | $284,000 |
| 2021 | $237,000 | $311,000 |
| 2022 | $261,000 | $345,000 |
| 2023 | $296,000 | $367,000 |
| 2024 | $308,000 | $386,000 |
| 2025 | $326,000 | $405,000 |
| 2026 | $330,000 | $411,000 |
| August 2026 | $336,000 | $415,000 |
64 new homes permitted in 2025
Builders were permitted 64 new homes in West Point in 2025, all single-family houses, worth about $14.5 million to build. That's 18 per 1,000 residents, faster than across Virginia (4). Over the past 10 years, West Point has permitted 177 homes in all.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 7 | 7 | 0 | $1 million |
| 2025 | 64 | 64 | 0 | $14.5 million |
| 2024 | 21 | 21 | 0 | $3.9 million |
| 2023 | 8 | 8 | 0 | $1.8 million |
| 2022 | 28 | 19 | 9 | $4 million |
| 2021 | 17 | 17 | 0 | $3 million |
| 2020 | 15 | 15 | 0 | $2.6 million |
| 2019 | 7 | 7 | 0 | $1.2 million |
| 2018 | 6 | 6 | 0 | $1.1 million |
| 2017 | 6 | 6 | 0 | $1.1 million |
| 2016 | 5 | 5 | 0 | $948,000 |
| 2015 | 7 | 7 | 0 | $1.1 million |
| 2014 | 9 | 9 | 0 | $925,000 |
| 2013 | 4 | 4 | 0 | $400,000 |
How West Point ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4.3 years of income
The typical West Point home costs about 4.3 years of the town's median household income, about the same as across Virginia (4.5).
How West Point 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 $1,580
HUD's Fair Market Rent for a two-bedroom in West Point is $1,580 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in West Point pay a median of $1,225, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $1,380 · 4 bedrooms $2,440
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (23181; Richmond, 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 West Point
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. 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.