Clarke County, Virginia: What It Costs to Buy a Home
The median home in Clarke County is worth $538,900, property taxes on it run about $2,757 a year (0.51%), the FHA loan limit is $1,249,125, and closing on it means about $1,796 in transfer tax plus $2,365 in title insurance. Each number below opens its own page with the source and a calculator.
| Median home value | $538,900 | Title insurance at this price → |
|---|---|---|
| Property taxes (median paid) | $2,757 a year, 0.51% of value | Property tax page → |
| FHA loan limit (1 unit) | $1,249,125 | Loan limits page → |
| Conforming loan limit (1 unit) | $1,249,125 | Loan limits page → |
| Transfer tax on the median home | $1,796 | Virginia transfer tax page → |
| Title insurance on the median home | $2,115 owner's + $250 lender's | Title insurance page → |
| Closing costs from these items | $4,161 | Closing costs page → |
| Area median income (HUD, family of 4) | $166,100; low-income limit $106,800 | Income limits page → |
Frequently asked questions
How much do homes cost in Clarke County?
The median owner-occupied home in Clarke County is valued at $538,900, per U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units).
How much are property taxes in Clarke County?
The median Clarke County homeowner pays $2,757 a year in real estate taxes, about 0.51% of the median home value ($2,763 for homes with a mortgage), per the Census Bureau's American Community Survey.
What is the FHA loan limit in Clarke County?
$1,249,125 for a one-unit home in 2026 (a high-cost limit above the national floor), per HUD; the conforming limit for Fannie Mae and Freddie Mac loans is $1,249,125, per FHFA.
What does it cost to close on a home in Clarke County?
On the $538,900 median home: transfer tax $1,796, title insurance $2,365 for both policies, about $4,161 for those items before lender fees, prepaid taxes and insurance.
What is the area median income in Clarke County?
HUD's FY 2026 median family income for Clarke County (Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area) is $166,100. A family of four counts as low income below $106,800 under HUD's 80% tier (adjusted for local housing costs, so it can sit above 80% of the median), which is the line many first-time buyer assistance programs use.
Nearby Virginia counties
- Charlottesville city $448,400
- Chesapeake city $359,100
- Chesterfield County $336,700
- Colonial Heights city $231,700
- Covington city $80,200
- Craig County $210,500
Sources
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units)
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25103 (median real estate taxes paid)
- HUD, FHA forward mortgage loan limits for calendar year 2026 (CHUMS county limits file, Mortgagee Letter 2025-23)
- FHFA, conforming loan limits for mortgages acquired in calendar year 2026, by county
Figures are computed from the documents above and rounded to the dollar. All sources.
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General information, not financial, tax or legal advice. Figures are medians and schedule computations, not quotes.
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