Southampton County, Virginia Housing Market Prices
Southampton 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 16% below the Virginia median$213,889
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Median rent 41% below the Virginia median$930
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Southampton County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $213,889 | $256,082 | $248,835 |
| Price Trend (Annual %) | 12.6% | 3.5% | 7.5% |
| Median Gross Rent | $930 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 3.0% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Southampton County is about 16% lower 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 Southampton County, up about 12.6% and 3.0% a year respectively. Home prices are changing faster.
Median rent in Southampton County rose about 27.6% between 2015 and 2024, from $728 to $930. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 3.0 yearly household incomes in Southampton County.
Buying the median-priced home in Southampton County costs roughly 19.2 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 Southampton County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Southampton County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $213,889 | $256,082 | $248,835 |
| Median Household Income | $70,441 | $93,527 | $80,455 |
| Price-to-Income Ratio | 3.0 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Southampton County rose about 51.4%, while median household income rose about 39.2% 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 | Southampton County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.9% | 61.5% | 58.5% |
| Rental Rate | 21.0% | 29.8% | 31.2% |
| Vacancy Rate | 12.1% | 8.7% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Southampton County has a homeownership rate of 66.9%, higher than the Virginia average of 61.5%. Its housing vacancy rate is 12.1%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Southampton County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1978 | 1982 | 1978 |
| Median Number of Rooms | 6.0 | 6.0 | 5.5 |
The typical housing unit in Southampton County was built around 1978. On average, 2.4 people live in a home with about 6.0 rooms, staying for about 18.0 years on average.
Southampton County, VA Housing Compared With Nearby Counties
How Southampton County, VA compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Southampton County, VA | 17,965 | $213,889 #1/2 | $930 #1/2 | 76.1% #1/2 |
| Northampton County, NC | 16,931 | $155,023 | $758 | 74.6% |
Frequently Asked Questions
Common questions about the housing market in Southampton County, Virginia.
What is the median home price in Southampton County, Virginia?
The median home price in Southampton County, Virginia is $213,889, lower than the Virginia average of $256,082.
What is the average home price in Southampton County, Virginia?
The typical home price in Southampton County, Virginia, reported as the median sale price, is $213,889. 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 Southampton County, Virginia?
The median gross rent in Southampton County, Virginia is $930 per month, lower than the Virginia average of $1,579.
What was the median gross rent in Southampton County in 2020?
In 2020, the median gross rent in Southampton County, Virginia was $795 per month.
What is the price-to-rent ratio in Southampton County, Virginia?
The price-to-rent ratio in Southampton County, Virginia is about 19.2, meaning it would take roughly 19.2 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 Southampton County.
Are home prices or rent rising faster in Southampton County, Virginia?
Both home prices and rent are rising in Southampton County, up about 12.6% and 3.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Southampton County, Virginia?
66.9% of households in Southampton County, Virginia own their home, higher than the Virginia average of 61.5%.
What is the vacancy rate in Southampton County, Virginia?
The housing vacancy rate in Southampton County, Virginia is 12.1%, higher than the Virginia average of 8.7%.
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