Orange County, Virginia Housing Market
In Orange County, Virginia, the median home value is $364,200, with a median monthly rent of $1,205. This places Orange County at #376 nationally out of 3134 counties by median home value, and #33 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: $963
- Establishments: 979
- BLS QCEW, 2025
Housing Supply
- Single-family: 339
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 16,314 (avg $85,505)
- Outflow: 15,054 (avg $85,395)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 4 active ZIP codes in Orange County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 22567 | 254.7 | +1.40% | 2025 |
| 2 | 22551 | 262.8 | -8.02% | 2025 |
| 3 | 22508 | 258.2 | -2.88% | 2025 |
| 4 | 22542 | 283.1 | -7.39% | 2024 |
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.
🔗 Explore Orange County on Our Sister Sites
Get the complete picture for Orange County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Orange County Compares
| Metric | Orange County | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $364,200 | $295,807 | $227,706 |
| Median Gross Rent | $1,205 | $1,169 | $968 |
| Owner Occupancy Rate | 78.7% | 70.8% | 73.3% |
| Price/Rent Ratio | 25.2 | 20.3 | 18.7 |
Market Analysis
The median home value in Orange County is 23.1% above the Virginia state average and 59.9% above the U.S. national average. The median rent of $1,205/month is 3.1% above the state average.
With a price-to-rent ratio of 25.2, Orange 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.
Orange County has an owner-occupancy rate of 78.7%, 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 |
|---|---|---|---|
| Mineral County | Montana | $364,300 | $801 |
| Flagler County | Florida | $364,900 | $1,722 |
| Strafford County | New Hampshire | $362,800 | $1,488 |
| Chesterfield County | Virginia | $366,000 | $1,629 |
| Lyon County | Nevada | $366,100 | $1,326 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Chesterfield County | $366,000 | $1,629 | 76.7% |
| Mathews County | $360,900 | $1,032 | 84.0% |
| Henrico County | $359,200 | $1,541 | 64.5% |
| Madison County | $370,300 | $1,166 | 77.8% |
| Isle of Wight County | $356,500 | $1,359 | 80.1% |
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).