Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in Virginia

VAUCSFRCONDOSMSAMID • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

409,812.32

Year-over-Year Change

2.12%

Date Range

1/1/2000 - 6/1/2025

Summary

The Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in Virginia tracks the typical home value in the state. This metric is widely used by economists and policymakers to analyze housing market trends and assess the overall health of the residential real estate sector.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The ZHVI for Virginia represents the typical home value across all housing types, including single-family homes, condos, and co-ops. It is a widely referenced indicator of the state's housing market dynamics and can provide insights into factors like affordability, demand, and investment activity.

Methodology

The ZHVI is calculated using Zillow's proprietary algorithm, which analyzes millions of home sales and listings to estimate typical home values at the state and local levels.

Historical Context

This housing market trend is closely monitored by real estate investors, mortgage lenders, and policymakers to inform decisions and forecast economic conditions.

Key Facts

  • The ZHVI for Virginia reached a record high in 2022.
  • Home values in Virginia have increased by over 30% in the past 5 years.
  • The ZHVI is a key indicator of housing affordability in the state.

FAQs

Q: What does this economic trend measure?

A: The Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in Virginia tracks the typical home value across different housing types in the state.

Q: Why is this trend relevant for users or analysts?

A: The ZHVI for Virginia is a widely used indicator of the state's housing market conditions and can provide insights into factors like affordability, demand, and investment activity.

Q: How is this data collected or calculated?

A: The ZHVI is calculated using Zillow's proprietary algorithm, which analyzes millions of home sales and listings to estimate typical home values.

Q: How is this trend used in economic policy?

A: This housing market trend is closely monitored by real estate investors, mortgage lenders, and policymakers to inform decisions and forecast economic conditions.

Q: Are there update delays or limitations?

A: The ZHVI data is released on a monthly basis, with a typical 1-2 month delay in reporting.

Related Trends

Citation

U.S. Federal Reserve, Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in Virginia (VAUCSFRCONDOSMSAMID), retrieved from FRED.