Amelia County, Virginia Housing Market

In Amelia County, Virginia, the median home value is $282,400, with a median monthly rent of $1,164. This places Amelia County at #718 nationally out of 3134 counties by median home value, and #62 within Virginia.

Median Home Value $282,400
Median Rent $1,164/mo
Owner Occupancy 82.5%
Price/Rent Ratio 20.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Amelia County rose +3.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,958
jobs (private sector)
  • Avg weekly wage: $958
  • Establishments: 386
  • BLS QCEW, 2025
🏗️

Housing Supply

50
new units authorized (2025)
  • Single-family: 50
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+272
net migration (filers, 2021-2022)
  • Inflow: 5,449 (avg $69,901)
  • Outflow: 5,177 (avg $70,757)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Amelia County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 23002 279.7 +4.98% 2025
2 23833 270.5 -8.29% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Amelia County Compares

MetricAmelia CountyVirginia AverageU.S. Average
Median Home Value $282,400 $295,807 $227,706
Median Gross Rent $1,164 $1,169 $968
Owner Occupancy Rate 82.5% 70.8% 73.3%
Price/Rent Ratio 20.2 20.3 18.7

Market Analysis

The median home value in Amelia County is 4.5% below the Virginia state average and 24.0% above the U.S. national average. The median rent of $1,164/month is about equal to the state average.

With a price-to-rent ratio of 20.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Amelia County has an owner-occupancy rate of 82.5%, compared to 70.8% in Virginia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Putnam County Tennessee $282,500 $908
Daggett County Utah $282,300 $900
Hubbard County Minnesota $282,600 $905
Umatilla County Oregon $282,600 $997
Monroe County Illinois $282,100 $1,042

Other Counties in Virginia

CountyMedian Home ValueMedian RentOwner Occ.
Roanoke County $286,000 $1,224 75.7%
Botetourt County $289,200 $1,035 85.5%
Lexington city $275,200 $1,081 53.8%
Norfolk city $289,900 $1,321 46.3%
Prince George County $293,400 $1,594 74.3%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).