Assumable Mortgages in Virginia

Assumable Homes in Virginia

Virginia has one of the most active VA assumable homes markets in the country, driven by the state's extraordinary concentration of military installations. Our Virginia dataset covers approximately 88,000 FHA and VA assumable properties across 1,907 census tracts, with a median note rate of 3.7%.

Hampton Roads — encompassing Virginia Beach, Norfolk, Chesapeake, Newport News, and Hampton — is home to Naval Station Norfolk (the world's largest naval station), Langley Air Force Base, Fort Eustis, and multiple other installations. This concentration of military activity makes Hampton Roads one of the top VA assumable property markets in the nation.

Northern Virginia — Fairfax County, Prince William County, Loudoun County, and the independent cities of Alexandria, Manassas, and Falls Church — carries both VA and FHA assumable homes inventory, driven by the large federal and defense contractor workforce. Fort Belvoir and Quantico Marine Corps Base contribute VA assumable property to the Northern Virginia market.

Richmond, Charlottesville, and the Shenandoah Valley also carry meaningful FHA assumable homes inventory. At 6.6 years median age, Virginia's assumable obligations skew toward the 2019–2021 origination window. Our Virginia data list covers all 95 counties and 38 independent cities at the census-tract level.