Mortgage payment estimates, closing cost breakdowns, and homebuying data for Radford, Virginia.
Pre-filled with Radford median home price and Virginia tax/insurance rates. Adjust for your property.
Estimated closing costs based on Virginia rates and fees applied to Radford prices.
The median home price in Radford is $195,000, 51% below the Virginia state median of $400,000. With a population of 17,630, Radford is a smaller market where home prices tend to be more accessible than in many parts of Virginia.
Property taxes in Virginia average 0.82% annually. This moderate property tax rate means a $195,000 home in Radford would carry roughly $133/month in property taxes. Homeowners insurance in Virginia runs approximately $1,700 per year. This is within the normal range nationally.
Average rent in Radford is $880/month. The price-to-rent ratio in Radford is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Radford offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Virginia's Virginia Housing DPA Grant program.