Orange County, Virginia Housing Market Prices
Orange 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 64% above the Virginia median More expensive than 86% of counties in Virginia$418,750
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Median rent 24% below the Virginia median$1,204
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Orange County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $418,750 | $256,082 | $248,835 |
| Price Trend (Annual %) | 27.3% | 3.5% | 7.5% |
| Median Gross Rent | $1,204 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Orange County is about 64% higher than in Virginia. Rent is about 24% 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 Orange County, up about 27.3% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Orange County rose about 37.1% between 2015 and 2024, from $878 to $1,204. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 4.4 yearly household incomes in Orange County.
Buying the median-priced home in Orange County costs roughly 29.0 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 Orange County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Orange County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $418,750 | $256,082 | $248,835 |
| Median Household Income | $95,690 | $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 Orange County rose about 189.8%, while median household income rose about 61.5% 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 | Orange County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.5% | 61.5% | 58.5% |
| Rental Rate | 19.6% | 29.8% | 31.2% |
| Vacancy Rate | 7.9% | 8.7% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Orange County has a homeownership rate of 72.5%, higher than the Virginia average of 61.5%. Its housing vacancy rate is 7.9%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Orange County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1990 | 1982 | 1978 |
| Median Number of Rooms | 6.3 | 6.0 | 5.5 |
The typical housing unit in Orange County was built around 1990. On average, 2.5 people live in a home with about 6.3 rooms, staying for about 16.0 years on average.
Orange County, VA Housing Compared With Nearby Counties
Orange County, VA is the smallest of the 4 counties compared here, 37,817 residents against a local median of 54,397. The measure that sets Orange County, VA apart most is median home price: $418,750, 28% above the local median of $327,379.
Median rent tells the same story from another angle: $1,204 against a local median of $1,423, 15% below it. The counties themselves spread $783,087 on median home price, so Orange County, VA sits at one end of an already wide local range rather than apart from it. Orange County, VA has the 2nd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Orange County, VA | 37,817 | $418,750 #2/4 | $1,204 #4/4 | 78.7% #3/4 |
| Culpeper County, VA | 54,397 | $37,702 | $1,423 | 75.0% |
| Louisa County, VA | 40,041 | $820,789 | $1,219 | 82.2% |
| Spotsylvania County, VA | 146,526 | $327,379 | $1,779 | 80.1% |
Frequently Asked Questions
Common questions about the housing market in Orange County, Virginia.
What is the median home price in Orange County, Virginia?
The median home price in Orange County, Virginia is $418,750, higher than the Virginia average of $256,082.
What is the average home price in Orange County, Virginia?
The typical home price in Orange County, Virginia, reported as the median sale price, is $418,750. 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 Orange County, Virginia?
The median gross rent in Orange County, Virginia is $1,204 per month, lower than the Virginia average of $1,579.
What was the median gross rent in Orange County in 2020?
In 2020, the median gross rent in Orange County, Virginia was $937 per month.
What is the price-to-rent ratio in Orange County, Virginia?
The price-to-rent ratio in Orange County, Virginia is about 29.0, meaning it would take roughly 29.0 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 Orange County.
Are home prices or rent rising faster in Orange County, Virginia?
Both home prices and rent are rising in Orange County, up about 27.3% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Orange County, Virginia?
72.5% of households in Orange County, Virginia own their home, higher than the Virginia average of 61.5%.
What is the vacancy rate in Orange County, Virginia?
The housing vacancy rate in Orange County, Virginia is 7.9%, lower than the Virginia average of 8.7%.
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