The real estate market in Virginia is very hot right now. The average value of a house in the state is $285,500. This is a 4.2% increase from last year's values. It is further expected that the values are going to rise by 2% next year. The average price of a house that is listed is $305,000. On the other hand, the average selling price is $274,800. The average price of rent is $1,695. There is a lot of land available for sale in Virginia, therefore, it should not be a difficult task to find the lot or house of your choice.