Scott County, Virginia Housing Market
In Scott County, Virginia, the median home value is $143,000, with a median monthly rent of $699. This places Scott County at #2332 nationally out of 3134 counties by median home value, and #118 within Virginia.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $911
- Establishments: 342
- BLS QCEW, 2025
Housing Supply
- Single-family: 32
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 7,122 (avg $54,552)
- Outflow: 6,948 (avg $54,690)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Scott County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 24202 | 245.8 | +5.23% | 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 Scott County Compares
| Metric | Scott County | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $143,000 | $295,807 | $227,706 |
| Median Gross Rent | $699 | $1,169 | $968 |
| Owner Occupancy Rate | 77.0% | 70.8% | 73.3% |
| Price/Rent Ratio | 17.0 | 20.3 | 18.7 |
Market Analysis
The median home value in Scott County is 51.7% below the Virginia state average and 37.2% below the U.S. national average. The median rent of $699/month is 40.2% below the state average.
With a price-to-rent ratio of 17.0, the buy-vs-rent decision in Scott County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Scott County has an owner-occupancy rate of 77.0%, 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 |
|---|---|---|---|
| Carson County | Texas | $143,000 | $956 |
| Monona County | Iowa | $142,900 | $855 |
| Jones County | Mississippi | $143,100 | $869 |
| Audrain County | Missouri | $143,100 | $693 |
| Charlton County | Georgia | $142,800 | $540 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Brunswick County | $142,700 | $834 | 74.4% |
| Charlotte County | $144,100 | $732 | 74.7% |
| Galax city | $141,300 | $743 | 56.3% |
| Smyth County | $139,600 | $731 | 71.0% |
| Emporia city | $148,500 | $1,037 | 38.1% |
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).