When's the last time someone told you what your house is worth? Not what some online valuation tool guessed. Not what your neighbor's house sold for. What yours is actually worth right now.

For a lot of homeowners, it's been years. And if you've been thinking about moving, but higher home prices or mortgage rates have made you hesitate, here’s why it’s time to take a second look at that number.

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When a home changes hands, the impact extends well beyond the buyer, seller and closing table.

According to the Virginia Realtors® Research Team, a typical Virginia home sale generated $152,400 in economic activity in 2025.

That’s a significant impact from a single transaction, and it’s a reminder of how closely real estate is connected to the broader economy.

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