Spotsylvania County, Virginia Housing Market

In Spotsylvania County, Virginia, the median home value is $404,900, with a median monthly rent of $1,779. This places Spotsylvania County at #280 nationally out of 3134 counties by median home value, and #23 within Virginia.

Median Home Value $404,900
Median Rent $1,779/mo
Owner Occupancy 80.1%
Price/Rent Ratio 19.0

📈 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 Spotsylvania County rose +1.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

31,609
jobs (private sector)
  • Avg weekly wage: $1,011
  • Establishments: 3,558
  • BLS QCEW, 2025
🏗️

Housing Supply

681
new units authorized (2025)
  • Single-family: 681
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+4010
net migration (filers, 2021-2022)
  • Inflow: 59,526 (avg $90,688)
  • Outflow: 55,516 (avg $91,565)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Spotsylvania County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 22553 297.1 +7.34% 2025
2 22534 270.8 -1.10% 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.

How Spotsylvania County Compares

MetricSpotsylvania CountyVirginia AverageU.S. Average
Median Home Value $404,900 $295,807 $227,706
Median Gross Rent $1,779 $1,169 $968
Owner Occupancy Rate 80.1% 70.8% 73.3%
Price/Rent Ratio 19.0 20.3 18.7

Market Analysis

The median home value in Spotsylvania County is 36.9% above the Virginia state average and 77.8% above the U.S. national average. The median rent of $1,779/month is 52.2% above the state average.

With a price-to-rent ratio of 19.0, the buy-vs-rent decision in Spotsylvania County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Spotsylvania County has an owner-occupancy rate of 80.1%, 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

CountyStateMedian Home ValueMedian Rent
Hamilton County Indiana $405,500 $1,574
Josephine County Oregon $404,300 $1,194
Stillwater County Montana $405,800 $961
Box Elder County Utah $403,600 $1,116
Dawson County Georgia $406,700 $1,626

Other Counties in Virginia

CountyMedian Home ValueMedian RentOwner Occ.
Culpeper County $409,200 $1,423 75.0%
Hanover County $400,400 $1,591 82.1%
Poquoson city $400,300 $1,707 84.6%
Manassas Park city $395,900 $2,146 66.5%
Powhatan County $416,000 $1,168 93.2%

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).