Goochland County, Virginia Housing Market Prices
Goochland 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 747% above the Virginia median Most expensive county in Virginia$2,168,607
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Median rent 2% above the Virginia median More expensive than 86% of counties in Virginia$1,609
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Goochland County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $2,168,607 | $256,082 | $248,835 |
| Price Trend (Annual %) | 383.7% | 3.5% | 7.5% |
| Median Gross Rent | $1,609 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 5.4% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Goochland County is about 747% higher than in Virginia. Rent is about 2% higher 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 Goochland County, up about 383.7% and 5.4% a year respectively. Home prices are changing faster.
Median rent in Goochland County rose about 56.6% between 2015 and 2024, from $1,027 to $1,609. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 18.4 yearly household incomes in Goochland County.
Buying the median-priced home in Goochland County costs roughly 112.3 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 Goochland County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Goochland County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $2,168,607 | $256,082 | $248,835 |
| Median Household Income | $117,817 | $93,527 | $80,455 |
| Price-to-Income Ratio | 18.4 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Goochland County rose about 1064.5%, while median household income rose about 49.1% 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 | Goochland County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 78.4% | 61.5% | 58.5% |
| Rental Rate | 13.9% | 29.8% | 31.2% |
| Vacancy Rate | 7.7% | 8.7% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Goochland County has a homeownership rate of 78.4%, higher than the Virginia average of 61.5%. Its housing vacancy rate is 7.7%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Goochland County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.46 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1989 | 1982 | 1978 |
| Median Number of Rooms | 7.3 | 6.0 | 5.5 |
The typical housing unit in Goochland County was built around 1989. On average, 2.5 people live in a home with about 7.3 rooms, staying for about 14.0 years on average.
Goochland County, VA Housing Compared With Nearby Counties
How Goochland County, VA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Goochland County, VA | 26,549 | $2,168,607 #1/3 | $1,609 #1/3 | 84.9% #2/3 |
| Louisa County, VA | 40,041 | $820,789 | $1,219 | 82.2% |
| Fluvanna County, VA | 28,092 | $411,111 | $1,204 | 88.7% |
Frequently Asked Questions
Common questions about the housing market in Goochland County, Virginia.
What is the median home price in Goochland County, Virginia?
The median home price in Goochland County, Virginia is $2,168,607, higher than the Virginia average of $256,082.
What is the average home price in Goochland County, Virginia?
The typical home price in Goochland County, Virginia, reported as the median sale price, is $2,168,607. 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 Goochland County, Virginia?
The median gross rent in Goochland County, Virginia is $1,609 per month, higher than the Virginia average of $1,579.
What was the median gross rent in Goochland County in 2020?
In 2020, the median gross rent in Goochland County, Virginia was $1,128 per month.
What is the price-to-rent ratio in Goochland County, Virginia?
The price-to-rent ratio in Goochland County, Virginia is about 112.3, meaning it would take roughly 112.3 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 Goochland County.
Are home prices or rent rising faster in Goochland County, Virginia?
Both home prices and rent are rising in Goochland County, up about 383.7% and 5.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Goochland County, Virginia?
78.4% of households in Goochland County, Virginia own their home, higher than the Virginia average of 61.5%.
What is the vacancy rate in Goochland County, Virginia?
The housing vacancy rate in Goochland County, Virginia is 7.7%, lower than the Virginia average of 8.7%.
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