Charles City County, Virginia Housing Market
In Charles City County, Virginia, the median home value is $241,400, with a median monthly rent of $1,099. This places Charles City County at #965 nationally out of 3134 counties by median home value, and #75 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: $1,168
- Establishments: 215
- BLS QCEW, 2025
Housing Supply
- Single-family: 24
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,910 (avg $79,267)
- Outflow: 2,779 (avg $79,717)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 4 active ZIP codes in Charles City County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 23030 | 265.1 | +18.47% | 2025 |
| 2 | 23140 | 255.0 | +5.30% | 2025 |
| 3 | 23185 | 270.6 | +6.12% | 2025 |
| 4 | 23231 | 290.5 | +2.24% | 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 Charles City County Compares
| Metric | Charles City County | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $241,400 | $295,807 | $227,706 |
| Median Gross Rent | $1,099 | $1,169 | $968 |
| Owner Occupancy Rate | 86.3% | 70.8% | 73.3% |
| Price/Rent Ratio | 18.3 | 20.3 | 18.7 |
Market Analysis
The median home value in Charles City County is 18.4% below the Virginia state average and 6.0% above the U.S. national average. The median rent of $1,099/month is 6.0% below the state average.
With a price-to-rent ratio of 18.3, the buy-vs-rent decision in Charles City County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Charles City County has an owner-occupancy rate of 86.3%, 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 |
|---|---|---|---|
| Caribou County | Idaho | $241,500 | $847 |
| Lake County | Minnesota | $241,300 | $1,093 |
| Seward County | Nebraska | $241,300 | $980 |
| Alamance County | North Carolina | $241,500 | $1,064 |
| Catawba County | North Carolina | $241,600 | $965 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Franklin County | $240,400 | $829 | 78.5% |
| Cumberland County | $239,300 | $877 | 75.9% |
| Surry County | $238,800 | $983 | 79.5% |
| Essex County | $238,100 | $972 | 71.7% |
| Waynesboro city | $245,500 | $1,020 | 59.9% |
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).