Rose Hill, Virginia Housing Market Prices
Rose Hill 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 76% above the Virginia median$449,998
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Median rent 66% above the Virginia median$2,619
Housing Market Overview
| Metric | Rose Hill | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $449,998 | $256,082 | $248,835 |
| Price Trend (Annual %) | -2.1% | 3.5% | 7.5% |
| Median Gross Rent | $2,619 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Rose Hill is about 76% higher than in Virginia. Rent is about 66% higher than the Virginia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Rose Hill: home prices fell about 2.1% a year while rent rose about 3.3% a year. That is an unusual pattern worth watching.
Median rent in Rose Hill rose about 34.2% between 2015 and 2024, from $1,952 to $2,619. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Rose Hill.
Buying the median-priced home in Rose Hill costs roughly 14.3 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Rose Hill. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Rose Hill | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $449,998 | $256,082 | $248,835 |
| Median Household Income | $181,518 | $93,527 | $80,455 |
| Price-to-Income Ratio | 2.5 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Rose Hill rose about 19.4%, while median household income rose about 64.8% 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 | Rose Hill | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 81.4% | 61.5% | 58.5% |
| Rental Rate | 16.2% | 29.8% | 31.2% |
| Vacancy Rate | 2.4% | 8.7% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Rose Hill has a homeownership rate of 81.4%, higher than the Virginia average of 61.5%. Its housing vacancy rate is 2.4%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Rose Hill | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.96 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1975 | 1982 | 1978 |
| Median Number of Rooms | 7.5 | 6.0 | 5.5 |
The typical housing unit in Rose Hill was built around 1975. On average, 3.0 people live in a home with about 7.5 rooms, staying for about 14.0 years on average.
Rose Hill, VA Housing Compared With Nearby Cities
How Rose Hill, VA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Rose Hill, VA | 22,696 | $449,998 #2/2 | $2,619 #1/2 | 83.4% #1/2 |
| Alexandria, VA | 156,972 | $505,002 | $2,089 | 42.1% |
Frequently Asked Questions
Common questions about the housing market in Rose Hill, Virginia.
What is the median home price in Rose Hill, Virginia?
The median home price in Rose Hill, Virginia is $449,998, higher than the Virginia average of $256,082.
What is the average home price in Rose Hill, Virginia?
The typical home price in Rose Hill, Virginia, reported as the median sale price, is $449,998. 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 Rose Hill, Virginia?
The median gross rent in Rose Hill, Virginia is $2,619 per month, higher than the Virginia average of $1,579.
What was the median gross rent in Rose Hill in 2020?
In 2020, the median gross rent in Rose Hill, Virginia was $1,964 per month.
What is the price-to-rent ratio in Rose Hill, Virginia?
The price-to-rent ratio in Rose Hill, Virginia is about 14.3, meaning it would take roughly 14.3 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Rose Hill.
Are home prices or rent rising faster in Rose Hill, Virginia?
Home prices and rent are moving in opposite directions in Rose Hill: home prices fell about 2.1% a year while rent rose about 3.3% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Rose Hill, Virginia?
81.4% of households in Rose Hill, Virginia own their home, higher than the Virginia average of 61.5%.
What is the vacancy rate in Rose Hill, Virginia?
The housing vacancy rate in Rose Hill, Virginia is 2.4%, lower than the Virginia average of 8.7%.
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