24477 — Augusta County, Virginia Market Snapshot

Housing market data for zip code 24477 in Augusta County, Virginia. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

39 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$355,000

-5.3% YoYClosed sales

Days to Sell

7

Median, listing to close

Homes Sold

39

Closed in 2026

Inventory

17

Sale-to-List

101.3%

New Listings

43

Price/SqFt

$222

Pending Sales

43

Conforming Loan Available

Most homebuyers in 24477 can comfortably use conventional financing. The median home price of $355,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

24477 is an extremely competitive market with homes selling in just 7 days on average. Buyers need pre-approval letters ready before making offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 24477 (101.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 24477 can comfortably use conventional financing. The median home price of $355,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 24477 are set at the county level.

2026 Loan Limits — Augusta County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 24477

To purchase the median home at $355,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,870.

Monthly Payment

$2,870

Income Required

$122,996

Principal & Interest

$2,187/mo

Down Payment (5%)

$17,750

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 24477.

%
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Estimated Monthly Payment

$2,347

Principal & Interest$1,842
Property Tax$355
Insurance$150
Loan Amount$284,000
Total Interest$379,127
Income Required$100,587/yr

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