MarketsVARadford City

Radford City, VA

Data through February 2026 · Updated monthly

🔥 Hot Market

Homes are selling quickly with few price cuts

Avg Home Value

$254,827

2.0% year-over-year

Days to Pending

--

Homes For Sale

28

Avg Rent/Month

$1,269

10.6% year-over-year

The Radford City, VA housing market is holding relatively steady. The average home value is $254,827, up 2.0% year-over-year as of February 2026. 0.2% of active listings have had a price cut.

There are currently 28 homes for sale in the county, with 8 new listings hitting the market each month.

The average asking rent in Radford City is $1,269 per month, up 10.6% year-over-year. For investors, the gross rent multiplier on a median-priced home is approximately 16.7, indicating moderate cash flow potential.

Bottom-tier homes (under the 33rd percentile) are currently valued at $184,309, making them the primary target range for investors looking at wholesale deals, fix-and-flip projects, or BRRRR strategies.

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Radford City Housing Market at a Glance

Key metrics for Radford City as of February 2026. Year-over-year changes show how the market has shifted in the last 12 months.

MetricDec 2025Jan 2026Feb 20263-Mo Change
Avg Home Value$249,917$252,729$254,827▲ 2.0%
Single Family Value$254,392$257,071$259,059▲ 1.8%
Median List Price$277,667$270,667$254,333▼ 8.4%
Avg Rent/Month$1,295$1,268$1,269▼ 2.0%
Homes For Sale403228▼ 30.0%
New Listings1388▼ 38.5%
% Listings w/ Price Cut0.3%0.3%0.2%▼ 24.1%

Radford City Home Value Trend (2000–2026)

All-home median values including the 2008 housing crash, 2020 COVID surge, and 2022 rate shock. Switch between All Homes, Single Family, Bottom Tier, Top Tier, and Rent to compare trends.

Source: Zillow Research ZHVI / ZORI · Updated monthly

What Homes Cost in Radford City

Home values broken down by bedroom count, ZIP code neighborhood, and property type. 3-bedroom homes are valued at $261,257 in Radford City.

Bedroom CountAvg ValueLast 30 DaysLast Year
3 Bedrooms$261,257 0.2% 0.2%

The table above reflects average home values and rent in Radford City, broken down by bedroom count, neighborhoods, and property types. Data sourced from Zillow Research.

Buyer vs. Investor Segments

Bottom-tier homes (under 33rd percentile) are the primary target for wholesale investors using the 70% rule. In Radford City, bottom-tier homes are valued at $184,309.

Bottom Tier

Under 33rd percentile

$184,309

5.2% YoY

Wholesale / investor range

Mid Tier

33rd-67th percentile

$254,827

2.0% YoY

Typical buyer range

Top Tier

Over 67th percentile

$368,857

Luxury / high-end

Supply, Demand and Pricing Power

How quickly homes are selling, how many are available, and whether sellers or buyers have the upper hand in Radford City.

Homes For Sale

28

8 new/month

% Listings w/ Price Cut

0.2%

Median List Price

$254,333

Rent Trends in Radford City

Zillow Observed Rent Index (ZORI) tracks typical asking rent, controlling for quality mix. Rent in Radford City is up 10.6% compared to last year. At current prices, the price-to-rent ratio is 16.7x annual rent.

Avg Asking Rent

$1,269

Year-over-Year

+10.6%

10.6%

Month-over-Month

+0.1%

0.1%

Price-to-Rent Ratio

16.7x

Rent trend (ZORI)

Source: Zillow Research ZHVI / ZORI · Updated monthly

Radford City vs. Blacksburg

How Radford City compares to the broader Blacksburg metropolitan area.

MetricRadford CityMetro Avg
Avg Home Value$254,827$278,179
Days to Pending----
% Sold Below List--0.6%
Avg Rent/Month$1,269$1,721

Home Values in Radford City by ZIP Code

Compare home values and price trends across neighborhoods in Radford City. Click any ZIP to see its full market report.

ZIP CodeAreaAvg Home Value1Y Change
24060Blacksburg$416,615 1.7%View →

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Data Sources and Methodology

Market data on this page comes from the Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI), updated monthly by Zillow Research. ZHVI measures the typical home value for a given region based on Zillow's proprietary automated valuation model, smoothed and seasonally adjusted to remove noise. ZORI measures the typical observed market-rate rent across the region, controlling for quality mix changes.

Sale price, inventory, days-on-market, and sale-to-list metrics are sourced from Zillow Research public data releases. All data is refreshed on the 17th of each month. This report was last updated February 2026.

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