Rockbridge County, Virginia Housing Market Prices
Rockbridge 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 59% above the Virginia median More expensive than 81% of counties in Virginia$406,944
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Median rent 41% below the Virginia median$925
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Rockbridge County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $406,944 | $256,082 | $248,835 |
| Price Trend (Annual %) | 17.0% | 3.5% | 7.5% |
| Median Gross Rent | $925 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Rockbridge County is about 59% higher than in Virginia. Rent is about 41% 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 Rockbridge County, up about 17.0% and 3.9% a year respectively. Home prices are changing faster.
Median rent in Rockbridge County rose about 35.3% between 2015 and 2024, from $683 to $925. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 6.2 yearly household incomes in Rockbridge County.
Buying the median-priced home in Rockbridge County costs roughly 36.7 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 Rockbridge County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Rockbridge County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $406,944 | $256,082 | $248,835 |
| Median Household Income | $65,884 | $93,527 | $80,455 |
| Price-to-Income Ratio | 6.2 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Rockbridge County rose about 56.1%, while median household income rose about 43.5% 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 | Rockbridge County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.6% | 61.5% | 58.5% |
| Rental Rate | 17.4% | 29.8% | 31.2% |
| Vacancy Rate | 15.9% | 8.7% | 10.2% |
| Median Tenure (years) | 19.0 | 15.0 | 15.0 |
| Median Year Moved In | 2007 | 2011 | 2011 |
Rockbridge County has a homeownership rate of 66.6%, higher than the Virginia average of 61.5%. Its housing vacancy rate is 15.9%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Rockbridge County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.30 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1974 | 1982 | 1978 |
| Median Number of Rooms | 5.9 | 6.0 | 5.5 |
The typical housing unit in Rockbridge County was built around 1974. On average, 2.3 people live in a home with about 5.9 rooms, staying for about 19.0 years on average.
Rockbridge County, VA Housing Compared With Nearby Counties
How Rockbridge County, VA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Rockbridge County, VA | 22,531 | $406,944 #1/3 | $925 #2/3 | 79.3% #3/3 |
| Amherst County, VA | 31,478 | $337,931 | $871 | 80.8% |
| Botetourt County, VA | 34,003 | $186,363 | $1,035 | 85.5% |
Frequently Asked Questions
Common questions about the housing market in Rockbridge County, Virginia.
What is the median home price in Rockbridge County, Virginia?
The median home price in Rockbridge County, Virginia is $406,944, higher than the Virginia average of $256,082.
What is the average home price in Rockbridge County, Virginia?
The typical home price in Rockbridge County, Virginia, reported as the median sale price, is $406,944. 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 Rockbridge County, Virginia?
The median gross rent in Rockbridge County, Virginia is $925 per month, lower than the Virginia average of $1,579.
What was the median gross rent in Rockbridge County in 2020?
In 2020, the median gross rent in Rockbridge County, Virginia was $842 per month.
What is the price-to-rent ratio in Rockbridge County, Virginia?
The price-to-rent ratio in Rockbridge County, Virginia is about 36.7, meaning it would take roughly 36.7 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 Rockbridge County.
Are home prices or rent rising faster in Rockbridge County, Virginia?
Both home prices and rent are rising in Rockbridge County, up about 17.0% and 3.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Rockbridge County, Virginia?
66.6% of households in Rockbridge County, Virginia own their home, higher than the Virginia average of 61.5%.
What is the vacancy rate in Rockbridge County, Virginia?
The housing vacancy rate in Rockbridge County, Virginia is 15.9%, higher than the Virginia average of 8.7%.
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