Goochland County, Virginia Housing Market

In Goochland County, Virginia, the median home value is $500,600, with a median monthly rent of $1,614. This places Goochland County at #138 nationally out of 3134 counties by median home value, and #11 within Virginia.

Median Home Value $500,600
Median Rent $1,614/mo
Owner Occupancy 84.9%
Price/Rent Ratio 25.8

📈 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 Goochland County rose +1.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

17,322
jobs (private sector)
  • Avg weekly wage: $2,602
  • Establishments: 982
  • BLS QCEW, 2025
🏗️

Housing Supply

314
new units authorized (2025)
  • Single-family: 314
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1028
net migration (filers, 2021-2022)
  • Inflow: 11,466 (avg $196,606)
  • Outflow: 10,438 (avg $196,870)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Goochland County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 23153 280.4 +6.71% 2025
2 23065 276.2 +14.41% 2025
3 23146 286.7 +3.89% 2025
4 23103 262.3 +12.05% 2025
5 23102 251.1 -4.16% 2025
6 23063 261.0 -0.86% 2025
7 23233 287.6 +2.48% 2025
8 23238 282.1 +2.70% 2025
9 23059 269.3 +5.69% 2025
10 23117 320.7 +7.72% 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.

How Goochland County Compares

MetricGoochland CountyVirginia AverageU.S. Average
Median Home Value $500,600 $295,807 $227,706
Median Gross Rent $1,614 $1,169 $968
Owner Occupancy Rate 84.9% 70.8% 73.3%
Price/Rent Ratio 25.8 20.3 18.7

Market Analysis

The median home value in Goochland County is 69.2% above the Virginia state average and 119.8% above the U.S. national average. The median rent of $1,614/month is 38.1% above the state average.

With a price-to-rent ratio of 25.8, Goochland County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Goochland County has an owner-occupancy rate of 84.9%, 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
Rockingham County New Hampshire $497,500 $1,687
Kittitas County Washington $497,400 $1,341
San Bernardino County California $505,000 $1,801
Los Alamos County New Mexico $495,800 $1,375
Davis County Utah $505,500 $1,621

Other Counties in Virginia

CountyMedian Home ValueMedian RentOwner Occ.
Albemarle County $495,400 $1,692 65.9%
Rappahannock County $506,400 $1,290 73.4%
Charlottesville city $486,700 $1,540 44.2%
Stafford County $485,100 $2,020 80.5%
Fredericksburg city $483,700 $1,619 39.7%

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).