Louisa County, Virginia Housing Market
In Louisa County, Virginia, the median home value is $315,300, with a median monthly rent of $1,220. This places Louisa County at #549 nationally out of 3134 counties by median home value, and #49 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: $1,263
- Establishments: 1,019
- BLS QCEW, 2025
Housing Supply
- Single-family: 404
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 16,372 (avg $82,273)
- Outflow: 14,954 (avg $80,293)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Louisa County Compares
| Metric | Louisa County | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $315,300 | $295,807 | $227,706 |
| Median Gross Rent | $1,220 | $1,169 | $968 |
| Owner Occupancy Rate | 82.2% | 70.8% | 73.3% |
| Price/Rent Ratio | 21.5 | 20.3 | 18.7 |
Market Analysis
The median home value in Louisa County is 6.6% above the Virginia state average and 38.5% above the U.S. national average. The median rent of $1,220/month is 4.4% above the state average.
With a price-to-rent ratio of 21.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Louisa County has an owner-occupancy rate of 82.2%, 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 |
|---|---|---|---|
| Lafayette County | Mississippi | $315,400 | $1,085 |
| Petersburg Borough | Alaska | $315,100 | $950 |
| Polk County | North Carolina | $315,000 | $1,178 |
| Washington County | Vermont | $315,000 | $1,163 |
| Orleans Parish | Louisiana | $315,700 | $1,251 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| King William County | $315,700 | $1,166 | 88.9% |
| Northampton County | $316,200 | $829 | 66.1% |
| Fluvanna County | $314,100 | $1,204 | 88.7% |
| Rockingham County | $313,000 | $1,160 | 75.3% |
| Nelson County | $321,700 | $946 | 79.7% |
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).