Why Live in Port Republic
Port Republic, VA, is a rural hamlet in the Shenandoah Valley, known for its historical significance as a Civil War battlefield and its agricultural roots. Settled in the early 1700s, the community developed around flour mills on the South Fork Shenandoah River. Today, it offers large lots with no homeowners associations, featuring ranch styles, farmhouses, and Colonial Revivals, often on 1-plus-acre tracts with views of local forests, rivers, and the Shenandoah Mountains. The area attracts a mix of retirees, young families, and professionals. Pupils attend Rockingham County Public Schools, and James Madison University, a highly rated institution, is 10 miles north. Local attractions include the Port Republic Museum, Bradburn Memorial Park, and the Grand Caverns in nearby Grottoes. The Shenandoah National Forest is 20 miles northeast. Dining options are found in surrounding areas, with CrossKeys Vineyards and various eateries in Grottoes. For shopping, Grottoes offers a Food Lion and dollar stores, while larger retailers are in Harrisonburg. The community is connected by U.S. Route 340, with Shenandoah Valley Airport 6 miles south and Charlottesville-Albemarle Airport 43 miles east. Some properties near the rivers are at risk of flooding.
Frequently Asked Questions
What is the average home price in Port Republic, VA?
Homes for sale in Port Republic, VA have an average home price of $1,564,980.
Are home prices dropping in Port Republic?
Yes, home prices in Port Republic are down 12% in the last 12 months.
How many homes have sold over the last 12 months in Port Republic, VA?
4 homes have sold in Port Republic, VA over the last 12 months.
What are the most popular zip codes in Port Republic, VA?
How much do you need to make to afford a house in Port Republic?
The median home price in Port Republic is $2,450,000. If you put a 20% down payment of $490,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $12,700 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $544K a year to afford the median home price in Port Republic.
How are the schools in Port Republic, VA?
Home Trends in Port Republic, VA
On average, homes in Port Republic, VA sell after 74 days on the market compared to the national average of 70 days. The median sale price for homes in Port Republic, VA over the last 12 months is $229,900, down 12% from the median home sale price over the previous 12 months.
Median Sale Price
$229,900
Median Single Family Sale Price
$2,450,000
Average Price Per Sq Ft
$256
Number of Homes for Sale
1
Last 12 months Home Sales
4
Median List Price
$2,450,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-12%