Housing in Innovation, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$619,457
Median List Price
$529,077
Price Per Sq Ft
$318
Days on Market
19
Active Inventory
13
Months of Supply
3.3
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
101.6%
Seller's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
12
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$318
Median List $/SF
$245
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
N/A
Median Rent
$1,779
Total Housing Units
434
Vacancy Rate
6.0%
Owner Occupied
0.0%
Renter Occupied
100.0%
Median Property Tax
N/A
per year
Monthly Cost (w/ Mortgage)
N/A
Housing Types
The current median sale price in Innovation, VA is $619,457 according to Redfin data. Homes spend a median of 19 days on the market. 25.0% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $318. The median rent is $1,779 per month (Census ACS). About 0.0% of housing units are owner-occupied. The median year homes were built is 2012. There are 434 total housing units.