(STACKER/NEXSTAR) — The real estate market is booming – the median cost of a home has increased by 20 percent. But there are still plenty of places in Virginia where you can find a good deal.

Only two places in the WAVY TV 10 viewing area made the list. If you’re looking for a home in the western part of the state, however, you’ll find options that won’t break the bank. Keep reading to discover which counties in Virginia have the lowest home prices and the methodology used to put together this list.

30. Buena Vista City

• Monthly mortgage payment in 2020: $503 (4.6% less than 2019)
• Monthly mortgage payment in 2019: $527
• Median home value in 2020: $135,800
• Ranked #1,538 out of 3,120 counties nationwide

29. Sussex County

• Monthly mortgage payment in 2020: $492 (10.7% less than 2019)
• Monthly mortgage payment in 2019: $551
• Median home value in 2020: $132,900
• Ranked #1,486 out of 3,120 counties nationwide

28. Hopewell City

• Monthly mortgage payment in 2020: $481 (8.0% less than 2019)
• Monthly mortgage payment in 2019: $523
• Median home value in 2020: $129,900
• Ranked #1,432 out of 3,120 counties nationwide

27. Patrick County

• Monthly mortgage payment in 2020: $477 (5.0% less than 2019)
• Monthly mortgage payment in 2019: $502
• Median home value in 2020: $128,700
• Ranked #1,404 out of 3,120 counties nationwide

26. Giles County

• Monthly mortgage payment in 2020: $476 (11.2% less than 2019)
• Monthly mortgage payment in 2019: $536
• Median home value in 2020: $128,500
• Ranked #1,401 out of 3,120 counties nationwide

25. Alleghany County

• Monthly mortgage payment in 2020: $475 (5.6% less than 2019)
• Monthly mortgage payment in 2019: $503
• Median home value in 2020: $128,400
• Ranked #1,395 out of 3,120 counties nationwide

24. Lunenburg County

• Monthly mortgage payment in 2020: $475 (5.2% less than 2019)
• Monthly mortgage payment in 2019: $501
• Median home value in 2020: $128,200
• Ranked #1,394 out of 3,120 counties nationwide

23. Greensville County

• Monthly mortgage payment in 2020: $467 (12.3% greater than 2019)
• Monthly mortgage payment in 2019: $416
• Median home value in 2020: $126,300
• Ranked #1,359 out of 3,120 counties nationwide

22. Emporia City

• Monthly mortgage payment in 2020: $464 (13.1% less than 2019)
• Monthly mortgage payment in 2019: $534
• Median home value in 2020: $125,300
• Ranked #1,338 out of 3,120 counties nationwide

21. Halifax County

• Monthly mortgage payment in 2020: $461 (5.3% less than 2019)
• Monthly mortgage payment in 2019: $487
• Median home value in 2020: $124,500
• Ranked #1,324 out of 3,120 counties nationwide

20. Bland County

• Monthly mortgage payment in 2020: $450 (1.8% greater than 2019)
• Monthly mortgage payment in 2019: $442
• Median home value in 2020: $121,400
• Ranked #1,233 out of 3,120 counties nationwid

19. Carroll County

• Monthly mortgage payment in 2020: $448 (4.9% less than 2019)
• Monthly mortgage payment in 2019: $471
• Median home value in 2020: $121,100
• Ranked #1,224 out of 3,120 counties nationwide

18. Brunswick County

• Monthly mortgage payment in 2020: $446 (6.7% less than 2019)
• Monthly mortgage payment in 2019: $478
• Median home value in 2020: $120,400
• Ranked #1,204 out of 3,120 counties nationwide

17. Charlotte County

• Monthly mortgage payment in 2020: $444 (4.3% less than 2019)
• Monthly mortgage payment in 2019: $464
• Median home value in 2020: $120,000
• Ranked #1,195 out of 3,120 counties nationwide

16. Bristol City

• Monthly mortgage payment in 2020: $431 (14.7% less than 2019)
• Monthly mortgage payment in 2019: $505
• Median home value in 2020: $116,300
• Ranked #1,111 out of 3,120 counties nationwide

15. Petersburg City

• Monthly mortgage payment in 2020: $423 (10.4% less than 2019)
• Monthly mortgage payment in 2019: $472
• Median home value in 2020: $114,200
• Ranked #1,064 out of 3,120 counties nationwide

14. Grayson County

• Monthly mortgage payment in 2020: $409 (0.5% less than 2019)
• Monthly mortgage payment in 2019: $411
• Median home value in 2020: $110,400
• Ranked #978 out of 3,120 counties nationwide

13. Tazewell County

• Monthly mortgage payment in 2020: $396 (3.6% less than 2019)
• Monthly mortgage payment in 2019: $411
• Median home value in 2020: $106,900
• Ranked #879 out of 3,120 counties nationwide

12. Russell County

• Monthly mortgage payment in 2020: $389 (6.9% less than 2019)
• Monthly mortgage payment in 2019: $418
• Median home value in 2020: $105,100
• Ranked #830 out of 3,120 counties nationwide

11. Galax City

• Monthly mortgage payment in 2020: $384 (11.9% less than 2019)
• Monthly mortgage payment in 2019: $436
• Median home value in 2020: $103,600
• Ranked #795 out of 3,120 counties nationwide

10. Smyth County

• Monthly mortgage payment in 2020: $381 (7.1% less than 2019)
• Monthly mortgage payment in 2019: $410
• Median home value in 2020: $102,800
• Ranked #773 out of 3,120 counties nationwide

9. Henry County

• Monthly mortgage payment in 2020: $373 (8.4% less than 2019)
• Monthly mortgage payment in 2019: $407
• Median home value in 2020: $100,700
• Ranked #722 out of 3,120 counties nationwide

8. Norton City

• Monthly mortgage payment in 2020: $373 (5.8% less than 2019)
• Monthly mortgage payment in 2019: $396
• Median home value in 2020: $100,600
• Ranked #717 out of 3,120 counties nationwide

7. Scott County

• Monthly mortgage payment in 2020: $366 (13.9% less than 2019)
• Monthly mortgage payment in 2019: $425
• Median home value in 2020: $98,700
• Ranked #672 out of 3,120 counties nationwide

6. Lee County

• Monthly mortgage payment in 2020: $350 (7.9% less than 2019)
• Monthly mortgage payment in 2019: $380
• Median home value in 2020: $94,500
• Ranked #584 out of 3,120 counties nationwide

5. Martinsville City

• Monthly mortgage payment in 2020: $348 (7.2% less than 2019)
• Monthly mortgage payment in 2019: $375
• Median home value in 2020: $94,100
• Ranked #567 out of 3,120 counties nationwide

4. Wise County

• Monthly mortgage payment in 2020: $340 (8.1% less than 2019)
• Monthly mortgage payment in 2019: $370
• Median home value in 2020: $91,700
• Ranked #504 out of 3,120 counties nationwide

3. Dickenson County

• Monthly mortgage payment in 2020: $322 (1.5% less than 2019)
• Monthly mortgage payment in 2019: $327
• Median home value in 2020: $86,900
• Ranked #382 out of 3,120 counties nationwide

2. Covington City

• Monthly mortgage payment in 2020: $290 (9.4% less than 2019)
• Monthly mortgage payment in 2019: $320
• Median home value in 2020: $78,200
• Ranked #189 out of 3,120 counties nationwide

1. Buchanan County

• Monthly mortgage payment in 2020: $287 (6.2% less than 2019)
• Monthly mortgage payment in 2019: $306
• Median home value in 2020: $77,600
• Ranked #182 out of 3,120 counties nationwide

Methodology

Using 2021 data calculated by the National Association of REALTORS, Credible compiled a list of counties with the lowest median home values and monthly mortgage payments in the state. Counties were ranked by the monthly mortgage payment for a typical home in 2020, from lowest to highest. Ties were broken by median home values in 2020.

The National Association of REALTORS calculated the fourth quarter 2020 median home values by applying the Federal Housing Finance Agency’s House Price Index growth to 2019 housing and population data from the American Community Survey and determining an estimate of 2020 median home values for all counties where data is available. The monthly mortgage payments for fourth-quarter 2019 and fourth quarter 2020 were calculated for a 30-year fixed-rate mortgage with a 10% down payment.