Manassas Park city, Virginia Housing Market
In Manassas Park city, Virginia, the median home value is $395,900, with a median monthly rent of $2,146. This places Manassas Park city at #293 nationally out of 3134 counties by median home value, and #26 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: $1,370
- Establishments: 325
- BLS QCEW, 2025
Housing Supply
- Single-family: 0
- Multi-family: 8
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 7,311 (avg $63,698)
- Outflow: 6,971 (avg $65,106)
- IRS Statistics of Income
🔗 Explore Manassas Park city on Our Sister Sites
Get the complete picture for Manassas Park city — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Manassas Park city Compares
| Metric | Manassas Park city | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $395,900 | $295,807 | $227,706 |
| Median Gross Rent | $2,146 | $1,169 | $968 |
| Owner Occupancy Rate | 66.5% | 70.8% | 73.3% |
| Price/Rent Ratio | 15.4 | 20.3 | 18.7 |
Market Analysis
The median home value in Manassas Park city is 33.8% above the Virginia state average and 73.9% above the U.S. national average. The median rent of $2,146/month is 83.6% above the state average.
With a price-to-rent ratio of 15.4, the buy-vs-rent decision in Manassas Park city is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Manassas Park city has an owner-occupancy rate of 66.5%, compared to 70.8% in Virginia and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Anchorage Municipality | Alaska | $395,900 | $1,489 |
| York County | Maine | $395,700 | $1,339 |
| Wahkiakum County | Washington | $396,800 | $853 |
| Sheridan County | Wyoming | $394,900 | $939 |
| Greene County | Georgia | $394,800 | $924 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| New Kent County | $393,600 | $1,721 | 92.6% |
| Poquoson city | $400,300 | $1,707 | 84.6% |
| Hanover County | $400,400 | $1,591 | 82.1% |
| Spotsylvania County | $404,900 | $1,779 | 80.1% |
| Frederick County | $386,000 | $1,507 | 79.3% |
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).