Highland County, Virginia Housing Market
In Highland County, Virginia, the median home value is $200,000, with a median monthly rent of $856. This places Highland County at #1401 nationally out of 3134 counties by median home value, and #94 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: $1,042
- Establishments: 109
- BLS QCEW, 2025
Housing Supply
- Single-family: 11
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 917 (avg $58,376)
- Outflow: 884 (avg $57,976)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Highland County Compares
| Metric | Highland County | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $200,000 | $295,807 | $227,706 |
| Median Gross Rent | $856 | $1,169 | $968 |
| Owner Occupancy Rate | 88.9% | 70.8% | 73.3% |
| Price/Rent Ratio | 19.5 | 20.3 | 18.7 |
Market Analysis
The median home value in Highland County is 32.4% below the Virginia state average and 12.2% below the U.S. national average. The median rent of $856/month is 26.8% below the state average.
With a price-to-rent ratio of 19.5, the buy-vs-rent decision in Highland County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Highland County has an owner-occupancy rate of 88.9%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Cleveland County | North Carolina | $200,000 | $914 |
| Gilchrist County | Florida | $199,900 | $926 |
| Daviess County | Kentucky | $199,900 | $918 |
| Onondaga County | New York | $200,200 | $1,108 |
| Ector County | Texas | $200,200 | $1,259 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Accomack County | $204,300 | $977 | 71.4% |
| Bath County | $206,700 | $736 | 71.3% |
| Mecklenburg County | $192,600 | $823 | 68.3% |
| Appomattox County | $207,600 | $855 | 75.8% |
| Pulaski County | $191,700 | $813 | 73.4% |
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).