Henry County, VA Average Home Price (2026)
The average home price in Henry County, Virginia is about $148,000 (the 2026 median across 8 ZIP codes, at ~$144/sq ft) — 56% more affordable than the Virginia median and 49% more affordable than the typical U.S. home.
How Henry County compares
Henry County is relatively affordable for housing nationally: its typical home costs $148,000 against $336,500 for Virginia and $289,000 for the U.S. Within the county, ZIP-level values run from about $111,000 to $317,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Henry County | $148,000 | $144 |
| Virginia | $336,500 | $221 |
| United States | $289,000 | $193 |
Henry County home prices by ZIP code
The 8 most valuable ZIP codes in Henry County (of 8 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 24168 Stanleytown | $317,000 | $167 | +114% |
| 24078 Collinsville | $171,000 | $147 | +16% |
| 24148 Ridgeway | $161,000 | $140 | +9% |
| 24165 Spencer | $161,000 | $116 | +9% |
| 24055 Bassett | $135,000 | $150 | -9% |
| 24112 Martinsville | $132,000 | $123 | -11% |
| 24054 Axton | $124,000 | $160 | -16% |
| 24089 Fieldale | $111,000 | $109 | -25% |
Home value appreciation in Henry County
Home prices in Henry County have risen about 85% over the last 10 years (≈6.4% a year) and +77.8% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +9.0% — still rising. A home worth $148,000 today was worth roughly $79,914 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Virginia is +74.6% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Henry County
Run the numbers for Henry County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Henry County
To buy the typical $148,000 home in Henry County with 20% down, you need a household income of roughly $40,000 a year (about $940 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $48,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $7,400 | $1,170/mo | $50,000/yr |
| 10% (+PMI) | $14,800 | $1,120/mo | $48,000/yr |
| 20% | $29,600 | $940/mo | $40,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Henry County
At about $144 per square foot, here is roughly how much home different budgets get you in Henry County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1040 sq ft | around the typical home here |
| $200k | 1390 sq ft | above the median — larger homes or the pricier ZIPs |
| $250k | 1740 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 2080 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Virginia.
Estimate a specific home in Henry County
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Henry County home prices: frequently asked
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Browse all Virginia cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.