Fincastle, Virginia.
Typical home $328,046 (+5.8% in a year). Roanoke, VA metro.
to buy the typical home at today's mortgage rate — +$881 (+105%) since Jan 2020.
- 1 year
- Up $17,933 +6%
- $310,113$328,046 since Sep 2025
- 5 years
- Up $57,185 +21%
- $270,861$328,046 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Fincastle$1,722
- Virginia$2,164
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Fincastle, VA rose 5.8% over the past year — faster than the nation's +1.2%.
Living in Fincastle, Botetourt County, Virginia
Fincastle is a town of 755 people in Botetourt County. Half its households earn more than $72,609 a year and half less, against $81,213 across Botetourt County. Unemployment in Botetourt County was 3.0% in August 2026, and the county had 5.2% more jobs in 2025 than the year before. The most people in Botetourt County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Fincastle is a small town and the seat of Botetourt County, in the Virginia hills. Household incomes in town run below the county's, and a typical home here is worth a good deal more than a typical household earns in a year. A good share of adults hold a four-year degree. Winters are cold, with some snow, and summers are warm, with rain or melted snow spread through the year.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, professional and business services, and shops also employing many. Across Botetourt County, some of the largest workplaces are Altec Industries, Botetourt County Public Schools and Munters Corporation's Daleville site. Jobs across the county grew over the past year, and unemployment there is low and close to where it stood a year earlier. Commutes are fairly long, and some people work from home.
Things to do. The Bowyer-Holladay House, an archaeological site, is a short drive away. A longer drive brings you to the Appalachian Trail, a long-distance footpath, and to the Booker T. Washington National Monument, a museum devoted to his early life. The Jackson River is also within a longer drive for time on the water.
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- 32%of adults have a degree
- 27 mintypical commute
- 10%work from home
What people in Botetourt County work in
Employed residents by industry, from the Census survey. Botetourt County had 12,344 jobs in 2025, 5.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 46° and lows near 25°; warmest in July, with highs near 86° and lows near 64°. About 11 inches of snow and 46 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Roanoke North weather station, 11 miles away (NOAA).
Largest workplaces in Botetourt County
- Altec IndustriesManufacturing1,283
- New River Electrical Corp - CloverdaleElectric power transmission line and tower construction1,168
- Botetourt County Public SchoolsSchool district783FTE
- Botetourt County Board of SupervisorsExecutive offices, federal, state, and local655
- Munters Corporation Daleville VaAir-conditioning and warm air heating combination units manufacturing489
- Dynax AmericaAutomotive parts manufacturing457
- Metalsa RoanokeMotor vehicle metal stampings manufacturing405
- Arkay PackagingBoxes, folding, made from purchased paperboard250
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 36 workplaces with 20 or more staff, 7,348 people in all across the county; Fincastle has one of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively moderate
- LightningRelatively moderate
- Winter weatherRelatively moderate
- Cold wavesRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Fincastle’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Botetourt County and the Roanoke, VA metro.
Fincastle home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Fincastle$328,046
- Virginia$412,252
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Fincastle listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Fincastle28.85%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Fincastle24
New listings per month
Sellers arriving at the market.
- Fincastle6
Zip codes with a Fincastle address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Fincastle — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.