Bristol city, Virginia Housing Market
In Bristol city, Virginia, the median home value is $184,100, with a median monthly rent of $801. This places Bristol city at #1582 nationally out of 3134 counties by median home value, and #100 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: $845
- Establishments: 565
- BLS QCEW, 2025
Housing Supply
- Single-family: 5
- Multi-family: 16
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 6,391 (avg $61,108)
- Outflow: 5,962 (avg $62,666)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Bristol city · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 24201 | 271.6 | +1.06% | 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 Bristol city Compares
| Metric | Bristol city | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $184,100 | $295,807 | $227,706 |
| Median Gross Rent | $801 | $1,169 | $968 |
| Owner Occupancy Rate | 63.6% | 70.8% | 73.3% |
| Price/Rent Ratio | 19.2 | 20.3 | 18.7 |
Market Analysis
The median home value in Bristol city is 37.8% below the Virginia state average and 19.2% below the U.S. national average. The median rent of $801/month is 31.5% below the state average.
With a price-to-rent ratio of 19.2, the buy-vs-rent decision in Bristol city is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Bristol city has an owner-occupancy rate of 63.6%, compared to 70.8% in Virginia and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Vanderburgh County | Indiana | $184,000 | $985 |
| Butler County | Nebraska | $184,200 | $776 |
| Lea County | New Mexico | $184,000 | $1,101 |
| Sussex County | Virginia | $183,800 | $907 |
| Pendleton County | West Virginia | $183,800 | $770 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Sussex County | $183,800 | $907 | 69.7% |
| Hopewell city | $181,600 | $1,106 | 57.9% |
| Craig County | $189,000 | $713 | 83.7% |
| Petersburg city | $189,000 | $1,174 | 38.6% |
| Roanoke city | $190,500 | $996 | 52.4% |
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).