Manassas city, Virginia: What It Costs to Buy a Home
The median home in Manassas city is worth $434,700, property taxes on it run about $4,766 a year (1.1%), the FHA loan limit is $1,249,125, and closing on it means about $1,449 in transfer tax plus $1,972 in title insurance. Each number below opens its own page with the source and a calculator.
| Median home value | $434,700 | Title insurance at this price → |
|---|---|---|
| Property taxes (median paid) | $4,766 a year, 1.1% 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 | $1,449 | Virginia transfer tax page → |
| Title insurance on the median home | $1,722 owner's + $250 lender's | Title insurance page → |
| Closing costs from these items | $3,421 | 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 Manassas city?
The median owner-occupied home in Manassas city is valued at $434,700, 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 Manassas city?
The median Manassas city homeowner pays $4,766 a year in real estate taxes, about 1.1% of the median home value ($4,741 for homes with a mortgage), per the Census Bureau's American Community Survey.
What is the FHA loan limit in Manassas city?
$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 Manassas city?
On the $434,700 median home: transfer tax $1,449, title insurance $1,972 for both policies, about $3,421 for those items before lender fees, prepaid taxes and insurance.
What is the area median income in Manassas city?
HUD's FY 2026 median family income for Manassas city (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
- Lunenburg County $145,500
- Lynchburg city $211,800
- Madison County $331,400
- Manassas Park city $381,200
- Martinsville city $92,500
- Mathews County $348,800
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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