Augusta County, Virginia Housing Market
In Augusta County, Virginia, the median home value is $306,100, with a median monthly rent of $1,136. This places Augusta County at #596 nationally out of 3134 counties by median home value, and #53 within Virginia.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,204
- Establishments: 1,918
- BLS QCEW, 2025
Housing Supply
- Single-family: 248
- Multi-family: 247
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 32,468 (avg $76,313)
- Outflow: 30,747 (avg $76,231)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Augusta County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 22939 | 260.9 | +7.09% | 2025 |
| 2 | 24482 | 292.2 | +18.44% | 2025 |
| 3 | 22980 | 276.5 | +7.22% | 2025 |
| 4 | 24477 | 267.9 | +2.63% | 2025 |
| 5 | 24441 | 258.7 | +4.95% | 2025 |
| 6 | 24421 | 265.3 | +7.43% | 2025 |
| 7 | 24401 | 285.6 | +6.60% | 2025 |
| 8 | 22812 | 261.9 | +2.62% | 2025 |
| 9 | 24486 | 245.4 | -1.81% | 2025 |
| 10 | 22958 | 216.3 | — | 2024 |
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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Augusta County Compares
| Metric | Augusta County | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $306,100 | $295,807 | $227,706 |
| Median Gross Rent | $1,136 | $1,169 | $968 |
| Owner Occupancy Rate | 80.2% | 70.8% | 73.3% |
| Price/Rent Ratio | 22.5 | 20.3 | 18.7 |
Market Analysis
The median home value in Augusta County is 3.5% above the Virginia state average and 34.4% above the U.S. national average. The median rent of $1,136/month is 2.8% below the state average.
With a price-to-rent ratio of 22.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Augusta County has an owner-occupancy rate of 80.2%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Isanti County | Minnesota | $306,200 | $1,273 |
| Dickson County | Tennessee | $306,400 | $1,015 |
| Hood County | Texas | $306,400 | $1,428 |
| Powell County | Montana | $306,500 | $820 |
| Fannin County | Georgia | $306,600 | $900 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Montgomery County | $304,600 | $1,240 | 55.3% |
| Caroline County | $307,700 | $1,293 | 82.3% |
| Rockingham County | $313,000 | $1,160 | 75.3% |
| Harrisonburg city | $299,100 | $1,184 | 39.5% |
| Fluvanna County | $314,100 | $1,204 | 88.7% |
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).