House Prices

House Prices & Home Values Ridgeway, VA 2026


Average Data

average house price$223,684
average size per house2271 ft²
average price per ft²99 $ / ft²

06/14/2026 - The value range (VR) for house prices in Ridgeway, VA is $101/ sqft to $101/ sqft. An average home with 2271 sqft costs approximately $229,371 to $229,371. Ridgeway, VA includes 1 ZIP codes and it is located in Henry county. The lowest prices are found in ZIP 24148, while the highest are in ZIP 24148. The average price per sqare feet is $99. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Ridgeway

24148109 $ / ft²




Historical development of home values in Ridgeway

Year Estimated value (USD) Change vs. 2025
2010 $103,883 -53.6%
2011 $99,866 -55.4%
2012 $99,597 -55.5%
2013 $103,320 -53.8%
2014 $108,457 -51.5%
2015 $114,023 -49.0%
2016 $119,974 -46.4%
2017 $126,449 -43.5%
2018 $133,440 -40.3%
2019 $139,628 -37.6%
2020 $146,846 -34.4%
2021 $167,021 -25.3%
2022 $194,709 -13.0%
2023 $205,330 -8.2%
2024 $217,209 -2.9%
2025 $223,684 0.0%

Graph: estimated home values in Ridgeway over time (USD)



Example: 100% financing house in Ridgeway

Loan amount: $223,684

Interest rate: 6.00%

Fixed monthly payment: $1,341.10

Breakdown in the 1st month:
Interest portion: $1,118.42  –  Principal portion: $222.68

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,346.32 $2,746.87 $220,937.13
2 $13,176.90 $2,916.29 $218,020.85
3 $12,997.03 $3,096.16 $214,924.69
4 $12,806.06 $3,287.12 $211,637.57
5 $12,603.32 $3,489.86 $208,147.71
6 $12,388.07 $3,705.11 $204,442.60
7 $12,159.55 $3,933.63 $200,508.96
8 $11,916.93 $4,176.25 $196,332.71
9 $11,659.35 $4,433.83 $191,898.88
10 $11,385.88 $4,707.30 $187,191.58
11 $11,095.54 $4,997.64 $182,193.94
12 $10,787.30 $5,305.88 $176,888.06
13 $10,460.05 $5,633.14 $171,254.92
14 $10,112.61 $5,980.58 $165,274.34
15 $9,743.74 $6,349.45 $158,924.90
16 $9,352.12 $6,741.07 $152,183.83
17 $8,936.34 $7,156.84 $145,026.99
18 $8,494.93 $7,598.26 $137,428.73
19 $8,026.28 $8,066.90 $129,361.83
20 $7,528.73 $8,564.45 $120,797.38
21 $7,000.50 $9,092.69 $111,704.69
22 $6,439.68 $9,653.50 $102,051.19
23 $5,844.27 $10,248.91 $91,802.28
24 $5,212.14 $10,881.04 $80,921.24
25 $4,541.02 $11,552.16 $69,369.08
26 $3,828.51 $12,264.67 $57,104.40
27 $3,072.05 $13,021.13 $44,083.27
28 $2,268.94 $13,824.25 $30,259.03
29 $1,416.29 $14,676.89 $15,582.13
30 $511.05 $15,582.13 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Ridgeway, VA


1500 sqft3900 sqft
Ø selling price$179,685$382,240
Ø fast selling$163,350$344,016
Ø high price sale$196,021$420,463

In 2026, houses in Ridgeway, VA will be offered at an average price of $99 per square foot. A 1,500 sqft home priced at $179,685 is 24.77% more expensive per square foot than a 3,900 sqft home priced at $382,240. Home prices in Ridgeway, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $264,627. Sellers who can wait longer may achieve a higher price of up to $323,433.


Discover Ridgeway, VA

Location & Overview

Ridgeway, Virginia is a small town in Henry County that blends Blue Ridge foothills scenery with friendly community appeal.
Conveniently located near Martinsville and the North Carolina border, Ridgeway, VA offers easy access to regional employers and highways.

Things to Do & Outdoors

The iconic Martinsville Speedway is in Ridgeway, drawing NASCAR fans for high-energy race weekends.
Beyond the track, visitors enjoy nearby Smith River trails, Philpott Lake adventures, and scenic drives on the Blue Ridge Parkway.

Lifestyle & Community

Ridgeway?s downtown and surrounding corridors feature locally owned restaurants, service shops, and everyday conveniences.
Families appreciate a slower pace of life, community events, and access to Henry County parks and recreation programs.

Housing & Cost of Living

The area?s housing market offers a mix of single-family homes, country properties, and buildable land at generally affordable price points.
Many newcomers choose Ridgeway real estate for its value, lower cost of living, and proximity to larger job centers in Martinsville and Danville.

Schools, Access & Climate

Students are served by Henry County Public Schools and nearby higher-education options such as Patrick & Henry Community College.
With four-season weather, mild mountain breezes, and a strategic location near U.S. 220, Ridgeway is an inviting base for outdoor lovers, commuters, and small businesses.



FAQ – Home Values in Ridgeway

What is the median home value in Ridgeway in 2026?

In 2026, the typical home value in Ridgeway is about $223,684 for an average home size of 2271 square feet. This corresponds to an average price of roughly $99 per square foot.

What is the average cost per square foot in Ridgeway?

In 2026, homes in Ridgeway sell for an average of around $99 per square foot, with a typical range between $101 and $101 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Ridgeway is about 2271 square feet, with an estimated 2026 value around $223,684.



Locations close to Ridgeway, VA

Riner, VA116 $ / ft²
Ripplemead, VA345 $ / ft²
Rocky Mount, VA297 $ / ft²
Rich Creek, VA117 $ / ft²
Radford, VA115 $ / ft²
Pittsville, VA38 $ / ft²
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