8 of the Most Expensive Mountain Towns in Virginia to Buy a Second Home

Virginia is divided into three main geographic regions: the Appalachian Mountains in the West, the rolling foothills of the Piedmont in the center of the state, and the Tidewater, a flat coastal plane extending to the Chesapeake Bay. Each region has its own charms depending on whether you prefer to live in the downtown of a bustling urban center, a peaceful suburb with all the conveniences, or a rural or mountain village with natural beauty, wildlife, and a relaxed pace of life. Some people don’t have to choose, though, and decide to buy a vacation home in the mountains. In this article, we’ll describe some of the most expensive mountain towns in Virginia and the average home prices there. Depending on your budget, these may be communities you’ll want to move to . . . or just to visit on your next vacation.

The Most Expensive Communities in Virginia

The most expensive houses in the state are found in the greater Washington D.C. area. In the Northern Virginia suburbs, the most expensive community is Great Falls, a community to the northwest of D.C. on the Potomac River. The average home there costs an astounding $1.47 million dollars!

The Most Expensive Mountain Communities in Virginia

1. Union Hall

Union Hall is a small community of about 1,100 people in Franklin County on the southwest shore of Smith Moutain Lake. This is the second-largest reservoir in the state, drawing retirees and vacationers from all over the state and region. The area has above-average public schools. The average home price in the community is $769,653.

2. Keswick

The town of Keswick is 7.5 miles to the southeast of Charlottesville in central Virginia. This is the heart of Virginia’s wine country, with some 80 wineries in the scenic rolling hills. It has a population of about 26,750 and the average home price is $741,388.

3. Charlottesville

Charlottesville’s biggest claim to fame is Monticello, the home of Thomas Jefferson, and the University of Virginia, which he founded. Today it is considered to be one of the 15 “Public Ivy” universities that draw top students and academics from around the world. The local culture is a fusion of genteel Virginia tradition and international influences. The town strictly controls development to maintain the historic and scenic charm of the area. About 47,000 people live there and the average home price is $559,000.

4. Harrisonburg

Harrisonburg is a city of 52,000 in the Shenandoah Valley, framed by extraordinary views of the Blue Ridge Mountains. It’s a college town, the home of James Madison University and Eastern Mennonite University. Harrisonburg is a quiet, safe college town with nice shopping and dining opportunities. The average home price is $340,000 and some of the best neighborhoods are Reherd Acres, Pleasant Acres, and Sunrise Heights.

5. Lexington

Lexington, population 7,300, is a city in the southern Shenandoah Valley. Even though the average home price is $312,647, most residents own their homes. It’s a mainly suburban community with a great many young professionals and the amenities they enjoy, such as specialty boutiques, restaurants, and coffee shops. Lexington is a short drive from Natural Bridge and the George Washington National Forest. It’s one of the most beautiful mountain towns in Virginia.

6. Roanoke

About 100,000 people call Roanoke, Virginia home. It is by far the largest city in the western part of the state, located about 250 miles southwest of Washington D.C., and 50 miles north of the North Carolina border. Although it is a large modern metropolis, it is located in the Blue Ridge Mountains and is on the route of Skyline Drive, a scenic mountaintop route stretching from Waynesboro, Virginia to Cherokee, North Carolina. Natural beauty and wildlife abound in the region. People wanting a second home that is the best of both worlds can find one at an average cost of $275,000.

7. Bedford

8. Big Stone Gap

Of all the mountain towns in Virginia on our list, Big Stone Gap is the most isolated. It is located deep in the Appalachian Mountains in southwestern Virginia near the Kentucky border. The nearest large city is Kingsport, Tennesee, located a 49-minute drive to the southeast. Big Stone Gap was once named “Mineral City” and was a thriving iron- and coal-mining town. Developers hoped it would become the “Pittsburg of the South.” But over time the mining industry declined and the city renamed itself for a nearby valley in the Appalachians. In recent decades Big Stone Gap has become more noted for its natural beauty and peaceful atmosphere. Much of the town has been updated and there are nice walking and biking trails and a children’s park. The average home price is $219,900.

Virginia is for Lovers

One of Virginia’s longstanding advertising mottos is “Virginia is for Lovers.” That’s true on more than one level. Lovers of any age can build romantic memories in the state’s cities, beaches, and mountains. But lovers of nature can also find much to appreciate in each region of the state. If you’re considering a mountain vacation home in Virginia and find those on this list outside your budget, check out the innumerable other mountain towns in Virginia, like Waynesboro, Staunton, Blacksburg, or Bristol. You just really can’t go wrong in a state that has so much to love.