Middlesex County, Virginia Housing Market

In Middlesex County, Virginia, the median home value is $352,200, with a median monthly rent of $1,059. This places Middlesex County at #407 nationally out of 3134 counties by median home value, and #38 within Virginia.

Median Home Value $352,200
Median Rent $1,059/mo
Owner Occupancy 87.4%
Price/Rent Ratio 27.7

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

2,297
jobs (private sector)
  • Avg weekly wage: $908
  • Establishments: 372
  • BLS QCEW, 2025
🏗️

Housing Supply

62
new units authorized (2025)
  • Single-family: 62
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
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Migration Patterns

+411
net migration (filers, 2021-2022)
  • Inflow: 4,707 (avg $83,822)
  • Outflow: 4,296 (avg $82,963)
  • IRS Statistics of Income

How Middlesex County Compares

MetricMiddlesex CountyVirginia AverageU.S. Average
Median Home Value $352,200 $295,807 $227,706
Median Gross Rent $1,059 $1,169 $968
Owner Occupancy Rate 87.4% 70.8% 73.3%
Price/Rent Ratio 27.7 20.3 18.7

Market Analysis

The median home value in Middlesex County is 19.1% above the Virginia state average and 54.7% above the U.S. national average. The median rent of $1,059/month is 9.4% below the state average.

With a price-to-rent ratio of 27.7, Middlesex 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.

Middlesex County has an owner-occupancy rate of 87.4%, 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
New Castle County Delaware $352,200 $1,448
Glenn County California $352,400 $1,120
Chisago County Minnesota $351,900 $1,186
Ulster County New York $352,500 $1,425
Granite County Montana $352,700 $675

Other Counties in Virginia

CountyMedian Home ValueMedian RentOwner Occ.
Richmond city $353,000 $1,372 43.5%
Warren County $348,400 $1,199 75.9%
Isle of Wight County $356,500 $1,359 80.1%
Suffolk city $347,400 $1,563 70.7%
Northumberland County $346,800 $1,038 86.1%

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).