Westlake Corner, VA housing market
Homes typically sell in 10 days, below asking.
Home values, sales, trends and how Westlake Corner compares with the towns next door — updated as new data is published.
Westlake Corner at a glance
A buyer's market
More homes are for sale than are selling — about 6 months of supply. Buyers have room to negotiate.
Home prices up 55% in 5 years
The federal house price index for the ZIP codes around Westlake Corner rose 55% over the past 5 years, faster than across Virginia (49%). Last year prices fell 1.8%. Carrying the Census median home value forward with that index puts the typical Westlake Corner home at roughly $830,000 today.
Show as a table
| Year | Change that year | Since 2000 | Virginia since 2000 |
|---|---|---|---|
| 2025 | −1.7% | +172% | +189% |
| 2024 | +16% | +176% | +178% |
| 2023 | +8.2% | +138% | +161% |
| 2022 | +14% | +120% | +142% |
| 2021 | +9.8% | +93% | +113% |
| 2020 | +4.2% | +75% | +94% |
| 2019 | +3.1% | +68% | +88% |
| 2018 | +2.3% | +63% | +81% |
| 2017 | +5.1% | +60% | +74% |
| 2016 | −2.9% | +52% | +69% |
| 2015 | +4.3% | +56% | +65% |
| 2014 | 0% | +50% | +61% |
| 2013 | −2.1% | +50% | +57% |
| 2012 | −1.8% | +53% | +55% |
| 2011 | −4.1% | +56% | +57% |
| 2010 | −6.5% | +63% | +61% |
| 2009 | −1.8% | +74% | +69% |
| 2008 | +0.4% | +77% | +81% |
| 2007 | +4.5% | +76% | +89% |
| 2006 | +11% | +69% | +86% |
| 2005 | +16% | +53% | +69% |
| 2004 | +13% | +32% | +41% |
| 2003 | +5% | +17% | +23% |
| 2002 | +4.4% | +11% | +17% |
| 2001 | +6.7% | +6.7% | +8.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 24121, 24101, 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.
Westlake Corner and its neighbors
| Town | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|
| Westlake Corner | −1.8%† | $1,170 | $95,000 |
| North Shore | +0.2%† | $1,290 | $109,951 |
† FHFA price index change, where Zillow has no home value for the town.
5.3 years of income
The typical Westlake Corner home costs about 5.3 years of the town's median household income, more than across Virginia (4.5 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,170
HUD's Fair Market Rent for a two-bedroom in Westlake Corner is $1,170 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Westlake Corner pay a median of $1,185. A two-bedroom takes about 15% of the town's median household income.
Studio $990 · 4 bedrooms $1,880
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (24101, 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.