Guest, Sign inJoin

Post to Broadway

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in
2016-06-26 18 37 03 View south along Virginia State Route 42 and east along Virginia State Route 259 Alternate (Main Street) between Mason Street and Miller Street in Broadway, Rockingham County, VirginiaPhoto: Famartin · CC BY-SA 4.0
Housing in Broadway

55 homes sold in Broadway in the last year, at a typical $330K

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Broadway homes are listed.

Homes sold
55
June 2025 to May 2026
Typical sale price
$330K
median, weighted by sales
Price per square foot
$192
Virginia $237
Paid vs. asking
98.4%
20% sold over asking
For sale now
5
May 2026 · 6 sold that month
What sold · last 12 months

Houses are 73% of Broadway’s sales, at a typical $348K

55 homes sold in the year to May 2026.

Houses$348K

typical sale · 40 sold in 12 months

Per square foot
$192VA $222
Days to sell
41
Sold over asking
20%
Listings with a price cut
39%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $352K
Townhouses: 14 sold, typical $270K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

55 sales in the last year, against 96 in 2021 and a low of 35 in 2013. The typical sale went from $179K in 2016 to $330K.

Homes soldTypical sale price
0255075100$175K$250K$325K$400K2012: 45 sold, typical $168K’122013: 35 sold, typical $161K2014: 48 sold, typical $175K’142015: 47 sold, typical $174K2016: 57 sold, typical $179K’162017: 53 sold, typical $197K2018: 45 sold, typical $230K’182019: 71 sold, typical $195K2020: 79 sold, typical $249K’202021: 96 sold, typical $239K2022: 63 sold, typical $300K’222023: 59 sold, typical $323K2024: 71 sold, typical $351K’242025: 61 sold, typical $323KLast 12 months: 55 sold, typical $330KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Broadway

Houseat $192 a sq ft
The same money in Virginiaat $222 a sq ft

Is this asking price fair?

Check a listing against what Broadway homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Broadway are more common than before the pandemic, but half fewer homes come up for sale

We read every month of Broadway’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 55 sales.

If you’re buying in Broadway

  • Shop in April. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • Bid near asking. Buyers paid 98.4% of the list price on average; 20% paid over.
  • You’ll usually have time. Only 36% of homes go under contract within two weeks; the typical one takes 36 days.
Best time to buy

Spring brings the homes; fall brings the bidding wars

April has the most new listings (about 10 a month), but October is the most competitive: 38% of October sales close over asking. January has the least competition (14%) but only about 4 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 4 new listings a month, 14% sold over asking, 81 days to sellJFeb: 4 new listings a month, 24% sold over asking, 98 days to sellFMar: 7 new listings a month, 31% sold over asking, 132 days to sellMApr: 10 new listings a month, 17% sold over asking, 98 days to sellAMay: 7 new listings a month, 25% sold over asking, 53 days to sellMJun: 5 new listings a month, 23% sold over asking, 61 days to sellJJul: 8 new listings a month, 18% sold over asking, 60 days to sellJAug: 8 new listings a month, 28% sold over asking, 62 days to sellASep: 4 new listings a month, 29% sold over asking, 77 days to sellSOct: 7 new listings a month, 38% sold over asking, 71 days to sellONov: 5 new listings a month, 19% sold over asking, 81 days to sellNDec: 2 new listings a month, 28% sold over asking, 84 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Virginia

Broadway now2017–192021 peakVA now
Sold over askingShare of sales that closed above the list price20%14%30%31%
Gone within two weeksShare of homes under contract within 14 days36%2%3%43%
Listings with a price cutShare of homes for sale that cut their price37%——25%
Price paid vs. askingAverage sale price ÷ list price98.4%98.4%100.2%99.3%
Days to sellMedian days from listing to contract36909938
Supply

10 homes for sale on a typical day

That’s 1.7 times the 2022 low (6), 49% fewer than in 2017–19 and well under 2015’s 33.

2012: 18 for sale’122013: 19 for sale2014: 33 for sale2015: 33 for sale’152016: 28 for sale2017: 21 for sale2018: 16 for sale’182019: 21 for sale2020: 31 for sale2021: 25 for sale’212022: 6 for sale2023: 12 for sale2024: 11 for sale’242025: 10 for saleLast 12 months: 10 for saleNow
Room to negotiate

1 in 3 listings has cut its price

37% in the last year, against — in 2017–19 and 25% across Virginia.

2022: 32%’222023: 27%2024: 33%2025: 39%’25Last 12 months: 37%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Broadway home costs about $1,862 a month

Mortgage
Property tax
Insurance
Rent

Price: Broadway’s typical sale, last 12 months. Property tax at Broadway’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Broadway is affordable on local pay is on Cost of living.

Before you buy in Broadway

Six things worth knowing

10

New listings in April

The month with the most choice. December has the fewest, about 2.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $330K home, about $1,680 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Broadway, from test results, graduation and how much students grow.

Schools in Broadway
24 min

Typical commute

The average one-way trip to work for people who live in Broadway.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Massanetta Springs sells for less a square foot

The busier markets within 25 miles of Broadway, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Harrisonburg314$301K$19634%21
Massanetta Springs200$409K$18639%28
Massanutten86$538K$23124%31
Elkton72$325K$21417%55
Broadway55$330K$19220%36
Timberville27$279K$22426%49
McGaheysville24$379K$21613%60

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Broadway, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Broadway. People who follow the town see it, and so do people comparing Broadway with their own town. No commission, no listing fee.

Questions about buying a home in Broadway

What do homes sell for in Broadway, VA?

55 homes sold in the year to May 2026 at a typical $330K, $192 a square foot.

Is Broadway a buyer’s or seller’s market?

A seller’s market: 5 homes were for sale in May 2026 and 6 sold, about 0.8 months of supply. Buyers paid 98.4% of asking on average, and 37% of listings cut their price.

When is the best time to buy in Broadway?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Broadway?

About 0.5% of a home’s value a year. On a $330K home that’s near $1,680.

Where can I see homes for sale in Broadway?

Zillow, Redfin, Realtor.com and Homes.com all carry Broadway’s MLS listings; the search links above open each one filtered to Broadway.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).