# Virginia — Homestead exemption amounts by state

For Virginia, homestead exemption is real or personal property used as the principal residence of the householder or the householder's dependents not exceeding $50,000 in value; how the figure is kept current is On April 1, 2027, and at each three-year interval ending on April 1 thereafter, each monetary limit in effect under this section immediately before such April 1 shall be adjusted to reflect the change in the Consumer Price Index for all urban consumers (CPI-U); statute is § 34-4. Exemption created, verified against its source on 2026-08-29.

- **State:** Virginia _(our reading, not quoted from the source)_
- **Homestead exemption:** real or personal property used as the principal residence of the householder or the householder's dependents not exceeding $50,000 in value _(verified: appears in the quote below)_
- **How the figure is kept current:** On April 1, 2027, and at each three-year interval ending on April 1 thereafter, each monetary limit in effect under this section immediately before such April 1 shall be adjusted to reflect the change in the Consumer Price Index for all urban consumers (CPI-U) _(verified: appears in the quote below)_
- **Statute:** § 34-4. Exemption created. _(verified: appears in the quote below)_

## What the source says

> real or personal property used as the principal residence of the householder or the householder's dependents not exceeding $50,000 in value. In addition, upon a showing that a householder supports dependents, the householder shall be entitled to hold exempt from creditor process real and personal property, or either, selected by the householder, including money or monetary obligations or liabilities due the householder, not exceeding $500 in value for each dependent. For the purposes of this section, "dependent" means an individual who derives support primarily from the householder and who does not have assets sufficient to support himself, but in no case shall an individual be the dependent of more than one householder. On April 1, 2027, and at each three-year interval ending on April 1 thereafter, each monetary limit in effect under this section immediately before such April 1 shall be adjusted to reflect the change in the Consumer Price Index for all urban consumers (CPI-U), as published by the Bureau of Labor Statistics of the U.S. Department of Labor, for the most recent three-year period ending immediately

## Source

- https://law.lis.virginia.gov/vacode/title34/chapter2/section34-4/

Last verified: 2026-08-29. Review by: 2027-02-25.
Part of [Homestead exemption amounts by state](https://referencesource.org/state-homestead-exemption-amounts/).