Page County, Virginia Housing Market

In Page County, Virginia, the median home value is $233,200, with a median monthly rent of $879. This places Page County at #1043 nationally out of 3134 counties by median home value, and #80 within Virginia.

Median Home Value $233,200
Median Rent $879/mo
Owner Occupancy 71.8%
Price/Rent Ratio 22.1

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Page County rose +5.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,185
jobs (private sector)
  • Avg weekly wage: $838
  • Establishments: 574
  • BLS QCEW, 2025
🏗️

Housing Supply

141
new units authorized (2025)
  • Single-family: 141
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+413
net migration (filers, 2021-2022)
  • Inflow: 9,592 (avg $61,899)
  • Outflow: 9,179 (avg $61,613)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 4 active ZIP codes in Page County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 22849 307.0 -3.90% 2025
2 22835 288.1 +7.26% 2025
3 22851 290.9 — 2025
4 22827 266.6 +4.83% 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.

How Page County Compares

MetricPage CountyVirginia AverageU.S. Average
Median Home Value $233,200 $295,807 $227,706
Median Gross Rent $879 $1,169 $968
Owner Occupancy Rate 71.8% 70.8% 73.3%
Price/Rent Ratio 22.1 20.3 18.7

Market Analysis

The median home value in Page County is 21.2% below the Virginia state average and 2.4% above the U.S. national average. The median rent of $879/month is 24.8% below the state average.

With a price-to-rent ratio of 22.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Page County has an owner-occupancy rate of 71.8%, 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

CountyStateMedian Home ValueMedian Rent
Lincoln County New Mexico $233,200 $956
Spartanburg County South Carolina $233,300 $1,084
Santa Cruz County Arizona $233,000 $829
Marion County Iowa $233,000 $884
Roane County Tennessee $232,900 $785

Other Counties in Virginia

CountyMedian Home ValueMedian RentOwner Occ.
King and Queen County $231,600 $1,004 75.7%
Richmond County $231,500 $1,067 74.7%
Lynchburg city $229,800 $1,073 48.9%
Essex County $238,100 $972 71.7%
Surry County $238,800 $983 79.5%

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).