Brunswick County, Virginia Housing Market

In Brunswick County, Virginia, the median home value is $142,700, with a median monthly rent of $834. This places Brunswick County at #2338 nationally out of 3134 counties by median home value, and #119 within Virginia.

Median Home Value $142,700
Median Rent $834/mo
Owner Occupancy 74.4%
Price/Rent Ratio 14.3

📈 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 Brunswick County fell -8.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,242
jobs (private sector)
  • Avg weekly wage: $1,046
  • Establishments: 417
  • BLS QCEW, 2025
🏗️

Housing Supply

36
new units authorized (2025)
  • Single-family: 36
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+397
net migration (filers, 2021-2022)
  • Inflow: 5,694 (avg $54,077)
  • Outflow: 5,297 (avg $53,809)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Brunswick County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 23847 205.5 +5.48% 2025
2 23868 256.9 +14.19% 2023
3 23919 201.4 +17.68% 2021

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 Brunswick County Compares

MetricBrunswick CountyVirginia AverageU.S. Average
Median Home Value $142,700 $295,807 $227,706
Median Gross Rent $834 $1,169 $968
Owner Occupancy Rate 74.4% 70.8% 73.3%
Price/Rent Ratio 14.3 20.3 18.7

Market Analysis

The median home value in Brunswick County is 51.8% below the Virginia state average and 37.3% below the U.S. national average. The median rent of $834/month is 28.7% below the state average.

With a price-to-rent ratio of 14.3, buying a home in Brunswick County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Brunswick County has an owner-occupancy rate of 74.4%, 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
Monroe County Ohio $142,700 $672
Independence County Arkansas $142,600 $845
Charlton County Georgia $142,800 $540
Marshall County Illinois $142,800 $782
Hopkins County Kentucky $142,800 $837

Other Counties in Virginia

CountyMedian Home ValueMedian RentOwner Occ.
Scott County $143,000 $699 77.0%
Galax city $141,300 $743 56.3%
Charlotte County $144,100 $732 74.7%
Smyth County $139,600 $731 71.0%
Emporia city $148,500 $1,037 38.1%

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).