Northampton County, Virginia Housing Market
In Northampton County, Virginia, the median home value is $316,200, with a median monthly rent of $829. This places Northampton County at #543 nationally out of 3134 counties by median home value, and #47 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: $816
- Establishments: 542
- BLS QCEW, 2025
Housing Supply
- Single-family: 133
- Multi-family: 12
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,071 (avg $80,519)
- Outflow: 4,655 (avg $76,700)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Northampton County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 23310 | 479.5 | -1.64% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Northampton County Compares
| Metric | Northampton County | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $316,200 | $295,807 | $227,706 |
| Median Gross Rent | $829 | $1,169 | $968 |
| Owner Occupancy Rate | 66.1% | 70.8% | 73.3% |
| Price/Rent Ratio | 31.8 | 20.3 | 18.7 |
Market Analysis
The median home value in Northampton County is 6.9% above the Virginia state average and 38.9% above the U.S. national average. The median rent of $829/month is 29.1% below the state average.
With a price-to-rent ratio of 31.8, Northampton 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.
Northampton County has an owner-occupancy rate of 66.1%, 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 |
|---|---|---|---|
| Towns County | Georgia | $316,100 | $808 |
| Elmore County | Idaho | $316,500 | $1,243 |
| Le Sueur County | Minnesota | $316,500 | $942 |
| Kent County | Delaware | $316,600 | $1,354 |
| 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% |
| Louisa County | $315,300 | $1,220 | 82.2% |
| 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).