King George County, Virginia Housing Market Prices
King George 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 28% above the Virginia median More expensive than 71% of counties in Virginia$328,342
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Median rent 10% below the Virginia median More expensive than 79% of counties in Virginia$1,428
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | King George County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $328,342 | $256,082 | $248,835 |
| Price Trend (Annual %) | 88.7% | 3.5% | 7.5% |
| Median Gross Rent | $1,428 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in King George County is about 28% higher than in Virginia. Rent is about 10% 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 King George County, up about 88.7% and 3.7% a year respectively. Home prices are changing faster.
Median rent in King George County rose about 30.1% between 2015 and 2024, from $1,097 to $1,428. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in King George County.
Buying the median-priced home in King George County costs roughly 19.2 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 King George County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | King George County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $328,342 | $256,082 | $248,835 |
| Median Household Income | $115,859 | $93,527 | $80,455 |
| Price-to-Income Ratio | 2.8 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in King George County rose about 28.5%, while median household income rose about 48.0% 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 | King George County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.3% | 61.5% | 58.5% |
| Rental Rate | 22.6% | 29.8% | 31.2% |
| Vacancy Rate | 5.1% | 8.7% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
King George County has a homeownership rate of 72.3%, higher than the Virginia average of 61.5%. Its housing vacancy rate is 5.1%, compared with 8.7% in Virginia.
Housing Stock
| Metric | King George County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.73 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1992 | 1982 | 1978 |
| Median Number of Rooms | 6.7 | 6.0 | 5.5 |
The typical housing unit in King George County was built around 1992. On average, 2.7 people live in a home with about 6.7 rooms, staying for about 14.0 years on average.
King George County, VA Housing Compared With Nearby Counties
King George County, VA is the 4th largest of the 5 counties compared here, 27,895 residents against a local median of 97,772. Nothing separates King George County, VA sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is median home price, 12% below the local median at $328,342 against $374,338. King George County, VA has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| King George County, VA | 27,895 | $328,342 #4/5 | $1,428 #3/5 | 76.2% #5/5 |
| Charles County, MD | 170,501 | $354,268 | $1,919 | 82.1% |
| Caroline County, VA | 32,098 | $129,640 | $1,292 | 82.3% |
| Stafford County, VA | 163,446 | $394,409 | $2,020 | 80.5% |
| Westmoreland County, VA | 18,825 | $537,500 | $1,018 | 80.1% |
Frequently Asked Questions
Common questions about the housing market in King George County, Virginia.
What is the median home price in King George County, Virginia?
The median home price in King George County, Virginia is $328,342, higher than the Virginia average of $256,082.
What is the average home price in King George County, Virginia?
The typical home price in King George County, Virginia, reported as the median sale price, is $328,342. 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 King George County, Virginia?
The median gross rent in King George County, Virginia is $1,428 per month, lower than the Virginia average of $1,579.
What was the median gross rent in King George County in 2020?
In 2020, the median gross rent in King George County, Virginia was $1,240 per month.
What is the price-to-rent ratio in King George County, Virginia?
The price-to-rent ratio in King George County, Virginia is about 19.2, meaning it would take roughly 19.2 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 King George County.
Are home prices or rent rising faster in King George County, Virginia?
Both home prices and rent are rising in King George County, up about 88.7% and 3.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in King George County, Virginia?
72.3% of households in King George County, Virginia own their home, higher than the Virginia average of 61.5%.
What is the vacancy rate in King George County, Virginia?
The housing vacancy rate in King George County, Virginia is 5.1%, lower than the Virginia average of 8.7%.
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