Current Price

$176,754

1 Month Forecast

â–² $176,934

1-Year Forecast *

â–² $186,619

5-Year Forecast *

â–² $201,735

"Is it a good time to buy homes in Patrick Springs?" "Does investing in real estate in Patrick Springs (Virginia State, Patrick County) worth it?" According to our live Forecast System, buying a house in Patrick Springs is a acceptable short-term (1-year) investment*. The Patrick Springs average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Patrick Springs" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Patrick Springs in Virginia State, Patrick County. If you are looking for homes for sale with good flipping profit, Patrick Springs can be a profitable property investment option. The median price of an average house in Patrick Springs was 176,754 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Patrick Springs" area is 201,735 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +14.13% meaning that investing 100000 USD today may yield a profit of 14,134 USD by 2031.

Current Median Listing Price: 176,754 USD Median Listing Price Per Square Foot: 98 USD

Patrick Springs Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Patrick Springs (Virginia State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Patrick Springs Price Target

Patrick Springs median home price target in 12 months: $186,619* (upside of 5.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $184,897 $175,950 $175,950 $184,897
2024 $169,971 $176,754 $168,199 $178,656
2023 $161,892 $172,375 $161,892 $173,542
2022 $156,939 $159,934 $156,939 $162,846
2021 $142,659 $154,327 $142,659 $154,327
2020 $127,102 $142,354 $127,102 $142,354
2019 $122,109 $127,046 $122,109 $127,046
2018 $126,923 $121,794 $120,753 $126,923
2017 $118,786 $126,439 $118,786 $126,439
2016 $116,780 $119,053 $116,091 $119,053
2015 $122,479 $116,774 $116,272 $122,479
2014 $118,530 $123,290 $118,530 $124,460
2013 $113,934 $118,996 $113,485 $120,209
2012 $112,472 $114,459 $111,621 $114,947

Questions & Answers about the Patrick Springs Housing Market Forecast

How much does an average home cost in Patrick Springs today?

The value of an average home (the listing price) in Patrick Springs is $176,754 USD.

What is the average price per square foot in Patrick Springs?

According to Walletinvestor the median price per square foot in Patrick Springs is 98 USD.

Will the median listing price of homes in Patrick Springs grow / rise / go up?

Yes. The Patrick Springs home prices may rise from 176,754 USD to 186,619 USD in one year.

Is it profitable to invest in Patrick Springs homes?

Yes. The long-term profit potential is +5.58% in one year.

Will Patrick Springs house prices fall / drop?

No. See above.

What is the predicted price of a Patrick Springs home in 2030?

The predicted home sales price of a Patrick Springs home in 2030 in Patrick Springs is 197,840 USD.

What is the predicted price of a Patrick Springs home in 2035?

The predicted home sales price of a Patrick Springs home in 2035 in Patrick Springs is 219,901 USD.

Will real estate prices decrease in Patrick Springs?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Patrick Springs is the 12812. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Patrick, Patrick Springs decreased, looking at the past 12 months.

According to Walletinvestor's Patrick Springs real estate market research, home values will increase in the next 12 months.

Median home values decreased by 2.269% to 176,754 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 4.741% in 2021
  • 6.261% in 2022
  • 5.801% in 2023
  • 7.331% in 2024
  • 6.531% in 2025
  • 6.241% in 2026

Based on our Patrick Springs real estate market research and report the predicted sales prices will increase by 72.132% in the next 10 years.

Over the last 12 months, the value of homes in Patrick Springs fluctuated: decreasing 4 times.

Patrick Springs (Virginia) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Patrick Springs Housing Market Forecast with Real Estate Prices for 2025
August 2025 176934 163133 190735
September 2025 177990 167667 188314
October 2025 179053 165624 192482
November 2025 180122 163010 197233
December 2025 181194 167423 194965
Patrick Springs Housing Market Forecast with Real Estate Prices for 2026
January 2026 181205 169426 192983
February 2026 181496 165887 197105
March 2026 182580 167791 197369
April 2026 183670 169527 197812
May 2026 184766 170354 199178
June 2026 185869 168212 203527
July 2026 186619 172809 200428
August 2026 186672 171925 201419
September 2026 187333 177591 197074
October 2026 188451 169606 207296
November 2026 189495 173388 205602
December 2026 189326 177777 200875
Patrick Springs Housing Market Forecast with Real Estate Prices for 2027
January 2027 188493 172660 204327
February 2027 187664 175278 200050
March 2027 187551 176111 198992
April 2027 187577 175572 199582
May 2027 188697 176620 200774
June 2027 189824 178814 200833
July 2027 190957 174535 207379
August 2027 192097 180955 203239
September 2027 193067 182642 203493
October 2027 193752 176314 211190
November 2027 194352 176277 212427
December 2027 194785 179981 209588
Patrick Springs Housing Market Forecast with Real Estate Prices for 2028
January 2028 195947 183603 208292
February 2028 196913 183523 210303
March 2028 197466 179497 215436
April 2028 196598 184802 208394
May 2028 195733 183989 207477
June 2028 194872 178308 211436
July 2028 195499 184551 206446
August 2028 196666 186242 207089
September 2028 197840 183991 211689
October 2028 199021 182303 215739
November 2028 200079 184673 215485
December 2028 199976 184378 215574
Patrick Springs Housing Market Forecast with Real Estate Prices for 2029
January 2029 200015 189814 210215
February 2029 200049 180044 220054
March 2029 199284 183142 215426
April 2029 198407 183924 212891
May 2029 199592 184822 214362
June 2029 198714 188182 209246
July 2029 197840 185574 210106
August 2029 196970 179242 214697
September 2029 196132 180049 212214
October 2029 195269 183162 207376
November 2029 194410 183717 205103
December 2029 195497 180835 210160
Patrick Springs Housing Market Forecast with Real Estate Prices for 2030
January 2030 196665 179751 213578
February 2030 197839 185177 210500
March 2030 199020 186283 211757
April 2030 200204 184789 215620
May 2030 200216 190205 210227
June 2030 200538 190110 210966
July 2030 201735 188623 214848
August 2030 202940 187111 218769
September 2030 204151 191698 216605
October 2030 205370 184833 225907
November 2030 206198 187228 225168
December 2030 206257 192644 219870
Patrick Springs Housing Market Forecast with Real Estate Prices for 2031
January 2031 206987 191256 222718
February 2031 208223 190732 225714
March 2031 209376 196186 222567
April 2031 209190 188898 229481
May 2031 208269 188067 228472
June 2031 207353 190558 224149
July 2031 207229 192930 221527
August 2031 207257 187775 226739
September 2031 208495 197027 219962
October 2031 209739 191702 227777
November 2031 210992 198965 223018
December 2031 212251 201639 222864
Patrick Springs Housing Market Forecast with Real Estate Prices for 2032
January 2032 213324 196471 230176
February 2032 214080 195027 233133
March 2032 214743 199496 229990
April 2032 215221 195205 235236
May 2032 216506 197886 235125
June 2032 217572 196685 238459
July 2032 218184 206184 230184

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.