Wythe County, Virginia Housing Market
In Wythe County, Virginia, the median home value is $171,200, with a median monthly rent of $764. This places Wythe County at #1780 nationally out of 3134 counties by median home value, and #104 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: $920
- Establishments: 827
- BLS QCEW, 2025
Housing Supply
- Single-family: 77
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 11,203 (avg $57,489)
- Outflow: 10,566 (avg $57,798)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Wythe County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 24382 | 249.3 | +5.03% | 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 Wythe County Compares
| Metric | Wythe County | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $171,200 | $295,807 | $227,706 |
| Median Gross Rent | $764 | $1,169 | $968 |
| Owner Occupancy Rate | 77.0% | 70.8% | 73.3% |
| Price/Rent Ratio | 18.7 | 20.3 | 18.7 |
Market Analysis
The median home value in Wythe County is 42.1% below the Virginia state average and 24.8% below the U.S. national average. The median rent of $764/month is 34.6% below the state average.
With a price-to-rent ratio of 18.7, the buy-vs-rent decision in Wythe County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Wythe 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 |
|---|---|---|---|
| Curry County | New Mexico | $171,200 | $1,024 |
| Calhoun County | Texas | $171,200 | $891 |
| Natchitoches Parish | Louisiana | $171,300 | $786 |
| Freeborn County | Minnesota | $171,100 | $849 |
| McDowell County | North Carolina | $171,100 | $806 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Buckingham County | $173,400 | $927 | 77.3% |
| Nottoway County | $167,500 | $972 | 66.6% |
| Pittsylvania County | $161,400 | $861 | 78.7% |
| Hopewell city | $181,600 | $1,106 | 57.9% |
| Greensville County | $159,400 | $969 | 66.3% |
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).