Middlesex County, Virginia Housing Market Prices
Middlesex 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 45% above the Virginia median More expensive than 77% of counties in Virginia$371,623
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Median rent 33% below the Virginia median$1,058
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Middlesex County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $371,623 | $256,082 | $248,835 |
| Price Trend (Annual %) | 5.2% | 3.5% | 7.5% |
| Median Gross Rent | $1,058 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Middlesex County is about 45% higher than in Virginia. Rent is about 33% 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 Middlesex County, up about 5.2% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Middlesex County rose about 35.7% between 2015 and 2024, from $780 to $1,058. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 4.9 yearly household incomes in Middlesex County.
Buying the median-priced home in Middlesex County costs roughly 29.3 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 Middlesex County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Middlesex County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $371,623 | $256,082 | $248,835 |
| Median Household Income | $75,089 | $93,527 | $80,455 |
| Price-to-Income Ratio | 4.9 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Middlesex County rose about 26.4%, while median household income rose about 41.0% 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 | Middlesex County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.3% | 61.5% | 58.5% |
| Rental Rate | 8.4% | 29.8% | 31.2% |
| Vacancy Rate | 33.3% | 8.7% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Middlesex County has a homeownership rate of 58.3%, lower than the Virginia average of 61.5%. Its housing vacancy rate is 33.3%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Middlesex County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.20 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1983 | 1982 | 1978 |
| Median Number of Rooms | 5.8 | 6.0 | 5.5 |
The typical housing unit in Middlesex County was built around 1983. On average, 2.2 people live in a home with about 5.8 rooms, staying for about 18.0 years on average.
Middlesex County, VA Housing Compared With Nearby Counties
Middlesex County, VA is typical in size for this group, 10,847 residents against a local median of 11,562, so the measures below are close to a like for like comparison. The measure that sets Middlesex County, VA apart most is median home price: $371,623, 80% above the local median of $206,804.
The counties themselves spread $178,155 on median home price, so Middlesex County, VA sits at one end of an already wide local range rather than apart from it. Middlesex County, VA has the highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Middlesex County, VA | 10,847 | $371,623 #1/5 | $1,058 #2/5 | 87.4% #1/5 |
| Lancaster County, VA | 10,936 | $307,530 | $1,033 | 81.5% |
| Gloucester County, VA | 39,526 | $180,357 | $1,096 | 80.4% |
| Northumberland County, VA | 12,188 | $129,375 | $1,038 | 86.1% |
| Mathews County, VA | 8,540 | $233,252 | $1,032 | 84.0% |
Frequently Asked Questions
Common questions about the housing market in Middlesex County, Virginia.
What is the median home price in Middlesex County, Virginia?
The median home price in Middlesex County, Virginia is $371,623, higher than the Virginia average of $256,082.
What is the average home price in Middlesex County, Virginia?
The typical home price in Middlesex County, Virginia, reported as the median sale price, is $371,623. 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 Middlesex County, Virginia?
The median gross rent in Middlesex County, Virginia is $1,058 per month, lower than the Virginia average of $1,579.
What was the median gross rent in Middlesex County in 2020?
In 2020, the median gross rent in Middlesex County, Virginia was $888 per month.
What is the price-to-rent ratio in Middlesex County, Virginia?
The price-to-rent ratio in Middlesex County, Virginia is about 29.3, meaning it would take roughly 29.3 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 Middlesex County.
Are home prices or rent rising faster in Middlesex County, Virginia?
Both home prices and rent are rising in Middlesex County, up about 5.2% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Middlesex County, Virginia?
58.3% of households in Middlesex County, Virginia own their home, lower than the Virginia average of 61.5%.
What is the vacancy rate in Middlesex County, Virginia?
The housing vacancy rate in Middlesex County, Virginia is 33.3%, higher than the Virginia average of 8.7%.
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