22974 — Louisa County, Virginia Market Snapshot
Housing market data for zip code 22974 in Louisa County, Virginia. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$523,000
Days to Sell
10
Homes Sold
10
Inventory
9
Sale-to-List
96.6%
New Listings
24
Price/SqFt
$237
Pending Sales
15
Conforming Loan Available
Most homebuyers in 22974 can comfortably use conventional financing. The median home price of $523,000 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
22974 is an extremely competitive market with homes selling in just 10 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
The average home in 22974 sells for 3.4% below asking price (96.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 22974 can comfortably use conventional financing. The median home price of $523,000 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 22974 are set at the county level.
2026 Loan Limits — Louisa 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 22974
To purchase the median home at $523,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,157.
Monthly Payment
$4,157
Income Required
$178,160
Principal & Interest
$3,223/mo
Down Payment (5%)
$26,150
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 22974.
Estimated Monthly Payment
$3,387
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