24078 — Henry County, Virginia Market Snapshot
Housing market data for zip code 24078 in Henry County, Virginia. Updated monthly with median prices, days on market, and more.
Market Sales Data
13 sales in 2026 (year to date)
Median Sale Price
$239,500
Days to Sell
56
Homes Sold
13
Inventory
18
Sale-to-List
93.9%
New Listings
21
Price/SqFt
$119
Pending Sales
18
Conforming Loan Available
Most homebuyers in 24078 can comfortably use conventional financing. The median home price of $239,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
24078's market is balanced with homes taking an average of 56 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 24078 sells for 6.1% below asking price (93.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 24078 can comfortably use conventional financing. The median home price of $239,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 24078 are set at the county level.
2026 Loan Limits — Henry County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 24078
To purchase the median home at $239,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,985.
Monthly Payment
$1,985
Income Required
$85,070
Principal & Interest
$1,476/mo
Down Payment (5%)
$11,975
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 24078.
Estimated Monthly Payment
$1,632
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 24078. Tell us what you're looking for.