Bland County, Virginia Housing Market
In Bland County, Virginia, the median home value is $152,100, with a median monthly rent of $644. This places Bland County at #2195 nationally out of 3134 counties by median home value, and #112 within Virginia.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,291
- Establishments: 126
- BLS QCEW, 2025
Housing Supply
- Single-family: 10
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,202 (avg $60,643)
- Outflow: 2,032 (avg $60,071)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Bland County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 24084 | 267.5 | +17.92% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Bland County Compares
| Metric | Bland County | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $152,100 | $295,807 | $227,706 |
| Median Gross Rent | $644 | $1,169 | $968 |
| Owner Occupancy Rate | 86.5% | 70.8% | 73.3% |
| Price/Rent Ratio | 19.7 | 20.3 | 18.7 |
Market Analysis
The median home value in Bland County is 48.6% below the Virginia state average and 33.2% below the U.S. national average. The median rent of $644/month is 44.9% below the state average.
With a price-to-rent ratio of 19.7, the buy-vs-rent decision in Bland County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Bland County has an owner-occupancy rate of 86.5%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Covington County | Alabama | $152,100 | $746 |
| Columbia County | Arkansas | $152,100 | $649 |
| Bay County | Michigan | $152,200 | $860 |
| Sherman County | Nebraska | $152,000 | $818 |
| Cherry County | Nebraska | $152,200 | $916 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Giles County | $151,100 | $789 | 78.9% |
| Patrick County | $153,400 | $716 | 76.9% |
| Grayson County | $150,100 | $765 | 80.4% |
| Lunenburg County | $150,100 | $742 | 71.5% |
| Halifax County | $155,700 | $790 | 74.6% |
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).