The typical Winchester home was worth $398,946 in September 2026, up 1% in a year, Zillow says. FHFA's metro index rose 6.7% in a year to the second quarter.
Last checked Oct. 18, 2026. Figures come from Zillow Research’s public data files (September 2026, the latest month published) and the Federal Housing Finance Agency’s House Price Index (second quarter of 2026). This page is refreshed monthly.
The typical Winchester home was worth $398,946 in September 2026, according to the Zillow Home Value Index for the city. That is 1.02% above September 2025, when the figure was $394,903. Most of that gain came in late 2025: the index has hardly moved since February 2026, when it reached $398,595.
What this means for you
- Buyers: prices in the city have leveled off in 2026 after years of steady gains.
- Sellers: values are at a record on Zillow’s index, but only just; expect little price growth from month to month.
- Owners: the city reassesses every property as of Jan. 1, 2027. See our property tax guide for how to appeal.
- Questions about your assessment: the city’s Real Estate Administrator, Finance Department, Rouss City Hall, 540-667-1815.
Three years of Winchester home values
| Month | Typical home value (Zillow) |
|---|---|
| September 2023 | $374,193 |
| September 2024 | $386,014 |
| September 2025 | $394,903 |
| March 2026 | $398,601 |
| June 2026 | $398,655 |
| September 2026 | $398,946 |
The index has risen about 47% since January 2020, when it stood at $271,558.
What the Zillow figure means
The Zillow Home Value Index is a modeled value for a typical home in the middle third of the market (all homes, single-family and condo, smoothed and seasonally adjusted). It is not an average sale price, and Zillow revises past months as new sales come in. For the assessed value of a single property, use the city’s real estate assessment search.
The Census Bureau’s 2023 American Community Survey five-year estimates put the median value of owner-occupied homes in the city at $325,900. That survey asks owners what their homes are worth and covers 2019 to 2023, so it runs below the current market.
The wider Winchester metro
The Federal Housing Finance Agency’s all-transactions House Price Index for the Winchester, Va.-W.Va., metro area was 6.71% higher in the second quarter of 2026 than a year earlier (index 373.01, up from 349.57). FHFA’s index tracks repeat sales and refinance appraisals of the same homes, so it measures change, not a price level.
Nearby towns
Zillow’s September 2026 index for two towns near the city:
| Town | Typical home value, September 2026 | Change in a year |
|---|---|---|
| Winchester | $398,946 | +1.0% |
| Stephens City (Frederick County) | $428,343 | +0.7% |
| Berryville (Clarke County) | $562,334 | +3.4% |
Rents
The Zillow Observed Rent Index for Winchester was about $1,768 a month in September 2026, up about 2.4% from $1,726 a year earlier. Like the home value index, it is a typical asking rent across the market, not a figure for any one apartment.
Where to look up sales
Deeds in Winchester are recorded by the Clerk of the Circuit Court. Our weekly real estate transfers column lists recent sales from public records.
Related guides: property taxes, moving to Winchester and Winchester population and growth.
Area by area: our Winchester neighborhoods guide covers the 10 planning areas, their school zones and the 22601 home value.
Frequently asked questions
What is the average home price in Winchester, Virginia?
The Zillow Home Value Index put the typical Winchester home at $398,946 in September 2026. That is a modeled value for the middle third of homes, not an average sale price.
Are home prices going up in Winchester?
Slowly. Zillow’s index rose 1% between September 2025 and September 2026 and has been nearly flat since February 2026. The FHFA index for the Winchester metro area was up 6.7% in the year to the second quarter of 2026.
How much have Winchester home values risen since 2020?
Zillow’s typical value was $271,558 in January 2020 and $398,946 in September 2026, a rise of about 47%.
What is the typical rent in Winchester?
The Zillow Observed Rent Index for Winchester was about $1,768 a month in September 2026, up from about $1,726 a year earlier.
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