Poquoson city, Virginia Housing Market
In Poquoson city, Virginia, the median home value is $400,300, with a median monthly rent of $1,707. This places Poquoson city at #286 nationally out of 3134 counties by median home value, and #25 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: $864
- Establishments: 242
- BLS QCEW, 2025
Housing Supply
- Single-family: 98
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,200 (avg $113,984)
- Outflow: 4,804 (avg $115,532)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Poquoson city · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 23662 | 261.0 | +4.60% | 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 Poquoson city Compares
| Metric | Poquoson city | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $400,300 | $295,807 | $227,706 |
| Median Gross Rent | $1,707 | $1,169 | $968 |
| Owner Occupancy Rate | 84.6% | 70.8% | 73.3% |
| Price/Rent Ratio | 19.5 | 20.3 | 18.7 |
Market Analysis
The median home value in Poquoson city is 35.3% above the Virginia state average and 75.8% above the U.S. national average. The median rent of $1,707/month is 46.0% above the state average.
With a price-to-rent ratio of 19.5, the buy-vs-rent decision in Poquoson city is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Poquoson city has an owner-occupancy rate of 84.6%, 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 |
|---|---|---|---|
| Hanover County | Virginia | $400,400 | $1,591 |
| Park County | Wyoming | $400,500 | $925 |
| Dutchess County | New York | $400,600 | $1,582 |
| Hays County | Texas | $399,800 | $1,495 |
| Ocean County | New Jersey | $398,400 | $1,755 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Hanover County | $400,400 | $1,591 | 82.1% |
| Manassas Park city | $395,900 | $2,146 | 66.5% |
| Spotsylvania County | $404,900 | $1,779 | 80.1% |
| New Kent County | $393,600 | $1,721 | 92.6% |
| Culpeper County | $409,200 | $1,423 | 75.0% |
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).