Warren County, Virginia Housing Market Prices
Warren 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.
-
Median home price 95% below the Virginia median Among the top 3 cheapest counties in Virginia$12,500
-
Median rent 24% below the Virginia median$1,198
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Warren County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $12,500 | $256,082 | $248,835 |
| Price Trend (Annual %) | -25.9% | 3.5% | 7.5% |
| Median Gross Rent | $1,198 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 3.2% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Warren County is about 95% lower 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
Home prices and rent are moving in opposite directions in Warren County: home prices fell about 25.9% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
Median rent in Warren County rose about 31.0% between 2015 and 2024, from $915 to $1,198. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 0.1 yearly household incomes in Warren County.
Buying the median-priced home in Warren County costs roughly 0.9 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 Warren County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Warren County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $12,500 | $256,082 | $248,835 |
| Median Household Income | $85,417 | $93,527 | $80,455 |
| Price-to-Income Ratio | 0.1 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Warren County fell about 95.3%, while median household income rose about 37.1% 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 | Warren County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.2% | 61.5% | 58.5% |
| Rental Rate | 21.7% | 29.8% | 31.2% |
| Vacancy Rate | 10.1% | 8.7% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Warren County has a homeownership rate of 68.2%, higher than the Virginia average of 61.5%. Its housing vacancy rate is 10.1%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Warren County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.65 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1982 | 1982 | 1978 |
| Median Number of Rooms | 5.9 | 6.0 | 5.5 |
The typical housing unit in Warren County was built around 1982. On average, 2.6 people live in a home with about 5.9 rooms, staying for about 15.0 years on average.
Warren County, VA Housing Compared With Nearby Counties
How Warren County, VA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Warren County, VA | 41,487 | $12,500 #3/3 | $1,198 #2/3 | 75.8% #2/3 |
| Frederick County, VA | 94,959 | $340,016 | $1,507 | 79.3% |
| Shenandoah County, VA | 44,927 | $177,005 | $983 | 73.3% |
Frequently Asked Questions
Common questions about the housing market in Warren County, Virginia.
What is the median home price in Warren County, Virginia?
The median home price in Warren County, Virginia is $12,500, lower than the Virginia average of $256,082.
What is the average home price in Warren County, Virginia?
The typical home price in Warren County, Virginia, reported as the median sale price, is $12,500. 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 Warren County, Virginia?
The median gross rent in Warren County, Virginia is $1,198 per month, lower than the Virginia average of $1,579.
What was the median gross rent in Warren County in 2020?
In 2020, the median gross rent in Warren County, Virginia was $1,050 per month.
What is the price-to-rent ratio in Warren County, Virginia?
The price-to-rent ratio in Warren County, Virginia is about 0.9, meaning it would take roughly 0.9 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 Warren County.
Are home prices or rent rising faster in Warren County, Virginia?
Home prices and rent are moving in opposite directions in Warren County: home prices fell about 25.9% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Warren County, Virginia?
68.2% of households in Warren County, Virginia own their home, higher than the Virginia average of 61.5%.
What is the vacancy rate in Warren County, Virginia?
The housing vacancy rate in Warren County, Virginia is 10.1%, higher than the Virginia average of 8.7%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →