Dickenson County, Virginia Housing Market Prices
Dickenson 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 20% below the Virginia median$204,673
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Median rent 53% below the Virginia median Cheaper than 92% of counties in Virginia$737
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Dickenson County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $204,673 | $256,082 | $248,835 |
| Price Trend (Annual %) | 27.0% | 3.5% | 7.5% |
| Median Gross Rent | $737 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Dickenson County is about 20% lower than in Virginia. Rent is about 53% 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 Dickenson County, up about 27.0% and 3.9% a year respectively. Home prices are changing faster.
Median rent in Dickenson County rose about 39.9% between 2015 and 2024, from $527 to $737. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 4.4 yearly household incomes in Dickenson County.
Buying the median-priced home in Dickenson County costs roughly 23.1 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 Dickenson County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Dickenson County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $204,673 | $256,082 | $248,835 |
| Median Household Income | $46,837 | $93,527 | $80,455 |
| Price-to-Income Ratio | 4.4 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Dickenson County rose about 19.3%, while median household income rose about 47.7% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Dickenson County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.3% | 61.5% | 58.5% |
| Rental Rate | 19.3% | 29.8% | 31.2% |
| Vacancy Rate | 19.4% | 8.7% | 10.2% |
| Median Tenure (years) | 22.0 | 15.0 | 15.0 |
| Median Year Moved In | 2004 | 2011 | 2011 |
Dickenson County has a homeownership rate of 61.3%, about the same as the Virginia average of 61.5%. Its housing vacancy rate is 19.4%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Dickenson County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.24 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1982 | 1982 | 1978 |
| Median Number of Rooms | 6.1 | 6.0 | 5.5 |
The typical housing unit in Dickenson County was built around 1982. On average, 2.2 people live in a home with about 6.1 rooms, staying for about 22.0 years on average.
Dickenson County, VA Housing Compared With Nearby Counties
Dickenson County, VA is the smallest of the 5 counties compared here, 13,730 residents against a local median of 30,481. The measure that sets Dickenson County, VA apart most is median home price: $204,673, more than 4 times the local median of $51,155.
The counties themselves sit within $70,559 of each other on median home price, a tighter band than the gap between any of them and Dickenson County, VA, which makes it a genuine outlier here rather than one end of a wide local spread. Dickenson County, VA has the highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Dickenson County, VA | 13,730 | $204,673 #1/5 | $737 #4/5 | 76.1% #3/5 |
| Wise County, VA | 35,431 | $64,936 | $789 | 74.2% |
| Russell County, VA | 25,530 | $37,374 | $653 | 76.3% |
| Buchanan County, VA | 19,415 | $99,903 | $743 | 83.1% |
| Pike County, KY | 56,725 | $29,344 | $858 | 75.3% |
Frequently Asked Questions
Common questions about the housing market in Dickenson County, Virginia.
What is the median home price in Dickenson County, Virginia?
The median home price in Dickenson County, Virginia is $204,673, lower than the Virginia average of $256,082.
What is the average home price in Dickenson County, Virginia?
The typical home price in Dickenson County, Virginia, reported as the median sale price, is $204,673. 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 Dickenson County, Virginia?
The median gross rent in Dickenson County, Virginia is $737 per month, lower than the Virginia average of $1,579.
What was the median gross rent in Dickenson County in 2020?
In 2020, the median gross rent in Dickenson County, Virginia was $579 per month.
What is the price-to-rent ratio in Dickenson County, Virginia?
The price-to-rent ratio in Dickenson County, Virginia is about 23.1, meaning it would take roughly 23.1 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 Dickenson County.
Are home prices or rent rising faster in Dickenson County, Virginia?
Both home prices and rent are rising in Dickenson County, up about 27.0% and 3.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Dickenson County, Virginia?
61.3% of households in Dickenson County, Virginia own their home, about the same as the Virginia average.
What is the vacancy rate in Dickenson County, Virginia?
The housing vacancy rate in Dickenson County, Virginia is 19.4%, higher than the Virginia average of 8.7%.
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