Dinwiddie County, Virginia Housing Market Prices
Dinwiddie 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 2% above the Virginia median$260,472
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Median rent 23% below the Virginia median$1,223
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Dinwiddie County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $260,472 | $256,082 | $248,835 |
| Price Trend (Annual %) | 30.7% | 3.5% | 7.5% |
| Median Gross Rent | $1,223 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Dinwiddie County is about 2% higher than in Virginia. Rent is about 23% 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 Dinwiddie County, up about 30.7% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Dinwiddie County rose about 31.3% between 2015 and 2024, from $932 to $1,223. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Dinwiddie County.
Buying the median-priced home in Dinwiddie County costs roughly 17.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Dinwiddie County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Dinwiddie County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $260,472 | $256,082 | $248,835 |
| Median Household Income | $82,400 | $93,527 | $80,455 |
| Price-to-Income Ratio | 3.2 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Dinwiddie County rose about 110.3%, while median household income rose about 53.0% 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 | Dinwiddie County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.8% | 61.5% | 58.5% |
| Rental Rate | 18.1% | 29.8% | 31.2% |
| Vacancy Rate | 11.0% | 8.7% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Dinwiddie County has a homeownership rate of 70.8%, higher than the Virginia average of 61.5%. Its housing vacancy rate is 11.0%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Dinwiddie County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.58 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1986 | 1982 | 1978 |
| Median Number of Rooms | 6.1 | 6.0 | 5.5 |
The typical housing unit in Dinwiddie County was built around 1986. On average, 2.6 people live in a home with about 6.1 rooms, staying for about 18.0 years on average.
Dinwiddie County, VA Housing Compared With Nearby Counties
How Dinwiddie County, VA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Dinwiddie County, VA | 28,193 | $260,472 #1/3 | $1,223 #2/3 | 79.6% #1/3 |
| Chesterfield County, VA | 377,744 | $259,447 | $1,629 | 76.7% |
| Brunswick County, VA | 15,841 | $33,084 | $834 | 74.4% |
Frequently Asked Questions
Common questions about the housing market in Dinwiddie County, Virginia.
What is the median home price in Dinwiddie County, Virginia?
The median home price in Dinwiddie County, Virginia is $260,472, higher than the Virginia average of $256,082.
What is the average home price in Dinwiddie County, Virginia?
The typical home price in Dinwiddie County, Virginia, reported as the median sale price, is $260,472. 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 Dinwiddie County, Virginia?
The median gross rent in Dinwiddie County, Virginia is $1,223 per month, lower than the Virginia average of $1,579.
What was the median gross rent in Dinwiddie County in 2020?
In 2020, the median gross rent in Dinwiddie County, Virginia was $1,042 per month.
What is the price-to-rent ratio in Dinwiddie County, Virginia?
The price-to-rent ratio in Dinwiddie County, Virginia is about 17.7, meaning it would take roughly 17.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Dinwiddie County.
Are home prices or rent rising faster in Dinwiddie County, Virginia?
Both home prices and rent are rising in Dinwiddie County, up about 30.7% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Dinwiddie County, Virginia?
70.8% of households in Dinwiddie County, Virginia own their home, higher than the Virginia average of 61.5%.
What is the vacancy rate in Dinwiddie County, Virginia?
The housing vacancy rate in Dinwiddie County, Virginia is 11.0%, higher than the Virginia average of 8.7%.
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