Why does down payment vary across Virginia?

Home prices vary widely; a 12% down payment scales with the local median. Owner financing often accepts less.

Yes, owner-finance deals commonly land in the 10-20% range. Conventional underwriting usually wants 20% to avoid PMI.

Can I find lower-down options?

Browse low-down-payment homes by city, many owner-finance and lease-option deals sit under 10%.

Buyer authority VA

Estimated owner-finance down payment by city in Virginia.

Down payments scale with home prices but flex by financing type. This ranks Virginia cities by an estimated typical down payment on an owner-financed or low-down deal (12% of estimated median home value). This is a modeled directional comparison, not a survey of actual closings.

Last updated September 2026

Virginia ranking

50 cities ranked. Click any row for the matching local page.

#	City	Est. typical down payment	Score
1	Great Falls	$101,400	0	View →
2	Mc Lean	$89,400	10	View →
3	Fairfax Station	$87,000	12	View →
4	Vienna	$79,700	20	View →
5	Oakton	$79,700	20	View →
6	Clifton	$77,500	23	View →
7	Arlington	$76,200	24	View →
8	Ashburn	$74,300	26	View →
9	Chantilly	$74,200	26	View →
10	Fairfax	$73,100	28	View →
11	Herndon	$72,600	28	View →
12	Springfield	$71,900	29	View →
13	Gainesville	$71,500	29	View →
14	Alexandria	$71,300	30	View →
15	Leesburg	$70,800	30	View →
16	Reston	$70,900	30	View →
17	Burke	$70,600	30	View →
18	Bristow	$71,300	30	View →
19	Falls Church	$70,100	31	View →
20	Haymarket	$69,600	32	View →
21	Woodbridge	$67,700	34	View →
22	Manassas	$67,600	34	View →
23	Sterling	$67,300	34	View →
24	Centreville	$67,600	34	View →
25	Lorton	$67,100	34	View →
26	Purcellville	$67,200	34	View →
27	Aldie	$66,600	35	View →
28	Midlothian	$65,400	36	View →
29	Stafford	$65,900	36	View →
30	Annandale	$65,500	36	View →
31	Warrenton	$65,800	36	View →
32	Dumfries	$65,000	37	View →
33	Fredericksburg	$64,100	38	View →
34	Glen Allen	$64,200	38	View →
35	Chesterfield	$62,900	39	View →
36	Nokesville	$62,800	39	View →
37	Mechanicsville	$61,000	41	View →
38	Williamsburg	$60,200	42	View →
39	Spotsylvania	$60,500	42	View →
40	Virginia Beach	$59,200	43	View →
41	Suffolk	$59,600	43	View →
42	Chester	$59,600	43	View →
43	Henrico	$57,100	45	View →
44	Charlottesville	$57,700	45	View →
45	Poquoson	$57,100	45	View →
46	Chesapeake	$56,400	46	View →
47	Yorktown	$57,000	46	View →
48	Berryville	$56,500	46	View →
49	King George	$55,900	47	View →
50	Fort Belvoir	$55,700	47	View →

Methodology

Estimated down = 12% of estimated median home value (representative of owner-financed and low-down deals). Conventional loans typically require 20%; FHA can be 3.5%. Use as a directional comparison.

FAQ

Why does down payment vary across Virginia?: Home prices vary widely; a 12% down payment scales with the local median. Owner financing often accepts less.
Is 12% realistic?: Yes, owner-finance deals commonly land in the 10-20% range. Conventional underwriting usually wants 20% to avoid PMI.
Can I find lower-down options?: Browse low-down-payment homes by city, many owner-finance and lease-option deals sit under 10%.