Augusta County, Virginia Housing Market Prices
Augusta County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 19% above the Virginia median$304,780
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Median rent 28% below the Virginia median$1,135
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Augusta County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $304,780 | $256,082 | $248,835 |
| Price Trend (Annual %) | 39.8% | 3.5% | 7.5% |
| Median Gross Rent | $1,135 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Augusta County is about 19% higher than in Virginia. Rent is about 28% lower than the Virginia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Augusta County, up about 39.8% and 3.5% a year respectively. Home prices are changing faster.
Median rent in Augusta County rose about 36.5% between 2015 and 2024, from $832 to $1,135. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in Augusta County.
Buying the median-priced home in Augusta County costs roughly 22.4 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Augusta County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Augusta County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $304,780 | $256,082 | $248,835 |
| Median Household Income | $81,598 | $93,527 | $80,455 |
| Price-to-Income Ratio | 3.7 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Augusta County rose about 188.4%, while median household income rose about 55.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Augusta County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 75.3% | 61.5% | 58.5% |
| Rental Rate | 18.6% | 29.8% | 31.2% |
| Vacancy Rate | 6.1% | 8.7% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Augusta County has a homeownership rate of 75.3%, higher than the Virginia average of 61.5%. Its housing vacancy rate is 6.1%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Augusta County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1980 | 1982 | 1978 |
| Median Number of Rooms | 6.1 | 6.0 | 5.5 |
The typical housing unit in Augusta County was built around 1980. On average, 2.4 people live in a home with about 6.1 rooms, staying for about 17.0 years on average.
Augusta County, VA Housing Compared With Nearby Counties
How Augusta County, VA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Augusta County, VA | 78,033 | $304,780 #3/3 | $1,135 #2/3 | 80.2% #1/3 |
| Rockingham County, VA | 85,561 | $304,906 | $1,160 | 75.3% |
| Nelson County, VA | 14,732 | $508,246 | $946 | 79.7% |
Frequently Asked Questions
Common questions about the housing market in Augusta County, Virginia.
What is the median home price in Augusta County, Virginia?
The median home price in Augusta County, Virginia is $304,780, higher than the Virginia average of $256,082.
What is the average home price in Augusta County, Virginia?
The typical home price in Augusta County, Virginia, reported as the median sale price, is $304,780. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Augusta County, Virginia?
The median gross rent in Augusta County, Virginia is $1,135 per month, lower than the Virginia average of $1,579.
What was the median gross rent in Augusta County in 2020?
In 2020, the median gross rent in Augusta County, Virginia was $900 per month.
What is the price-to-rent ratio in Augusta County, Virginia?
The price-to-rent ratio in Augusta County, Virginia is about 22.4, meaning it would take roughly 22.4 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Augusta County.
Are home prices or rent rising faster in Augusta County, Virginia?
Both home prices and rent are rising in Augusta County, up about 39.8% and 3.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Augusta County, Virginia?
75.3% of households in Augusta County, Virginia own their home, higher than the Virginia average of 61.5%.
What is the vacancy rate in Augusta County, Virginia?
The housing vacancy rate in Augusta County, Virginia is 6.1%, lower than the Virginia average of 8.7%.
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