Prince William County, Virginia Housing Market Prices
Prince William 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 78% above the Virginia median More expensive than 90% of counties in Virginia$455,810
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Median rent 31% above the Virginia median More expensive than 95% of counties in Virginia$2,067
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Prince William County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $455,810 | $256,082 | $248,835 |
| Price Trend (Annual %) | 3.9% | 3.5% | 7.5% |
| Median Gross Rent | $2,067 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Prince William County is about 78% higher than in Virginia. Rent is about 31% 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 Prince William County, up about 3.9% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Prince William County rose about 33.7% between 2015 and 2024, from $1,546 to $2,067. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 3.5 yearly household incomes in Prince William County.
Buying the median-priced home in Prince William County costs roughly 18.4 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 Prince William County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Prince William County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $455,810 | $256,082 | $248,835 |
| Median Household Income | $131,919 | $93,527 | $80,455 |
| Price-to-Income Ratio | 3.5 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Prince William County rose about 52.0%, while median household income rose about 41.2% 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 | Prince William County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 71.9% | 61.5% | 58.5% |
| Rental Rate | 24.9% | 29.8% | 31.2% |
| Vacancy Rate | 3.1% | 8.7% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Prince William County has a homeownership rate of 71.9%, higher than the Virginia average of 61.5%. Its housing vacancy rate is 3.1%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Prince William County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.09 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1993 | 1982 | 1978 |
| Median Number of Rooms | 6.9 | 6.0 | 5.5 |
The typical housing unit in Prince William County was built around 1993. On average, 3.1 people live in a home with about 6.9 rooms, staying for about 14.0 years on average.
Prince William County, VA Housing Compared With Nearby Counties
How Prince William County, VA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Prince William County, VA | 488,843 | $455,810 #2/3 | $2,067 #2/3 | 74.3% #2/3 |
| Fairfax County, VA | 1,147,383 | $654,572 | $2,275 | 68.6% |
| Stafford County, VA | 163,446 | $394,409 | $2,020 | 80.5% |
Frequently Asked Questions
Common questions about the housing market in Prince William County, Virginia.
What is the median home price in Prince William County, Virginia?
The median home price in Prince William County, Virginia is $455,810, higher than the Virginia average of $256,082.
What is the average home price in Prince William County, Virginia?
The typical home price in Prince William County, Virginia, reported as the median sale price, is $455,810. 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 Prince William County, Virginia?
The median gross rent in Prince William County, Virginia is $2,067 per month, higher than the Virginia average of $1,579.
What was the median gross rent in Prince William County in 2020?
In 2020, the median gross rent in Prince William County, Virginia was $1,737 per month.
What is the price-to-rent ratio in Prince William County, Virginia?
The price-to-rent ratio in Prince William County, Virginia is about 18.4, meaning it would take roughly 18.4 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 Prince William County.
Are home prices or rent rising faster in Prince William County, Virginia?
Both home prices and rent are rising in Prince William County, up about 3.9% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Prince William County, Virginia?
71.9% of households in Prince William County, Virginia own their home, higher than the Virginia average of 61.5%.
What is the vacancy rate in Prince William County, Virginia?
The housing vacancy rate in Prince William County, Virginia is 3.1%, lower than the Virginia average of 8.7%.
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