House Prices

House Prices & Home Values Penn Laird, VA 2026


Average Data

average house price$606,675
average size per house3102 ft²
average price per ft²196 $ / ft²

04/15/2026 - The value range (VR) for house prices in Penn Laird, VA is $218/ sqft to $218/ sqft. An average home with 3102 sqft costs approximately $676,236 to $676,236. Penn Laird, VA includes 1 ZIP codes and it is located in Rockingham county. The lowest prices are found in ZIP 22846, while the highest are in ZIP 22846. The average price per sqare feet is $196. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Penn Laird

22846220 $ / ft²




Historical development of home values in Penn Laird

Year Estimated value (USD) Change vs. 2025
2010 $281,751 -53.6%
2011 $270,856 -55.4%
2012 $270,126 -55.5%
2013 $280,223 -53.8%
2014 $294,157 -51.5%
2015 $309,254 -49.0%
2016 $325,393 -46.4%
2017 $342,956 -43.5%
2018 $361,916 -40.3%
2019 $378,698 -37.6%
2020 $398,275 -34.4%
2021 $452,994 -25.3%
2022 $528,090 -13.0%
2023 $556,895 -8.2%
2024 $589,112 -2.9%
2025 $606,675 0.0%

Graph: estimated home values in Penn Laird over time (USD)



Example: 100% financing house in Penn Laird

Loan amount: $606,675

Interest rate: 6.00%

Fixed monthly payment: $3,637.32

Breakdown in the 1st month:
Interest portion: $3,033.38  –  Principal portion: $603.95

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $36,197.84 $7,450.04 $599,224.96
2 $35,738.34 $7,909.54 $591,315.42
3 $35,250.49 $8,397.39 $582,918.03
4 $34,732.56 $8,915.32 $574,002.71
5 $34,182.68 $9,465.20 $564,537.52
6 $33,598.89 $10,048.99 $554,488.53
7 $32,979.09 $10,668.79 $543,819.74
8 $32,321.06 $11,326.81 $532,492.93
9 $31,622.45 $12,025.43 $520,467.50
10 $30,880.75 $12,767.13 $507,700.37
11 $30,093.30 $13,554.58 $494,145.79
12 $29,257.28 $14,390.60 $479,755.20
13 $28,369.70 $15,278.18 $464,477.02
14 $27,427.38 $16,220.50 $448,256.52
15 $26,426.93 $17,220.95 $431,035.58
16 $25,364.78 $18,283.10 $412,752.48
17 $24,237.12 $19,410.76 $393,341.73
18 $23,039.91 $20,607.97 $372,733.76
19 $21,768.85 $21,879.02 $350,854.73
20 $20,419.40 $23,228.47 $327,626.26
21 $18,986.72 $24,661.16 $302,965.10
22 $17,465.68 $26,182.20 $276,782.90
23 $15,850.81 $27,797.06 $248,985.84
24 $14,136.35 $29,511.53 $219,474.31
25 $12,316.15 $31,331.73 $188,142.58
26 $10,383.67 $33,264.20 $154,878.38
27 $8,332.01 $35,315.87 $119,562.51
28 $6,153.81 $37,494.07 $82,068.44
29 $3,841.25 $39,806.63 $42,261.81
30 $1,386.07 $42,261.81 $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 Penn Laird, VA


1500 sqft3900 sqft
Ø selling price$355,740$756,757
Ø fast selling$323,400$681,081
Ø high price sale$388,081$832,432

In 2026, houses in Penn Laird, VA will be offered at an average price of $196 per square foot. A 1,500 sqft home priced at $355,740 is 23.18% more expensive per square foot than a 3,900 sqft home priced at $756,757. Home prices in Penn Laird, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $523,909. Sellers who can wait longer may achieve a higher price of up to $640,332.


Penn Laird, VA: A Shenandoah Valley Community

Location and Overview

Penn Laird is an unincorporated community in Rockingham County, Virginia, set along U.S. Route 33 just east of Harrisonburg.

Nestled in the Shenandoah Valley, it offers quick access to Massanutten Resort, Shenandoah National Park, and the George Washington National Forest.

Lifestyle and Amenities

Residents enjoy a blend of rural charm and modern convenience, with local shops, eateries, and farm markets serving the surrounding neighborhoods.

The area is part of Rockingham County Public Schools, including nearby Spotswood High School and Peak View Elementary.

Real Estate and Economy

Housing in Penn Laird ranges from established neighborhoods to new construction, drawing homebuyers who commute to Harrisonburg and James Madison University.

Small businesses, healthcare, and education anchor the local economy, while tourism from nearby outdoor attractions boosts service and hospitality jobs.

Outdoors and Things to Do

Hiking, biking, skiing at Massanutten, and scenic drives on Skyline Drive are popular weekend activities for locals and visitors.

Golf courses, community parks, and seasonal festivals provide family-friendly recreation throughout the year.

Visitor Tips and Practical Info

The community uses the 22846 ZIP code, and travelers will find lodging, dining, and services along the US-33 corridor.

With its convenient location, natural beauty, and welcoming vibe, Penn Laird, VA is a great base for exploring the Shenandoah Valley.



FAQ – Home Values in Penn Laird

What is the median home value in Penn Laird in 2026?

In 2026, the typical home value in Penn Laird is about $606,675 for an average home size of 3102 square feet. This corresponds to an average price of roughly $196 per square foot.

What is the average cost per square foot in Penn Laird?

In 2026, homes in Penn Laird sell for an average of around $196 per square foot, with a typical range between $218 and $218 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 Penn Laird is about 3102 square feet, with an estimated 2026 value around $606,675.



Locations close to Penn Laird, VA

Quicksburg, VA206 $ / ft²
Shenandoah, VA198 $ / ft²
Singers Glen, VA207 $ / ft²
Orkney Springs, VA227 $ / ft²
New Market, VA229 $ / ft²
Mount Solon, VA236 $ / ft²




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