Westmoreland County, Virginia Housing Market Prices
Westmoreland 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 110% above the Virginia median More expensive than 92% of counties in Virginia$537,500
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Median rent 36% below the Virginia median$1,018
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Westmoreland County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $537,500 | $256,082 | $248,835 |
| Price Trend (Annual %) | 16.4% | 3.5% | 7.5% |
| Median Gross Rent | $1,018 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 0.2% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Westmoreland County is about 110% higher than in Virginia. Rent is about 36% 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 Westmoreland County, up about 16.4% and 0.2% a year respectively. Home prices are changing faster.
Median rent in Westmoreland County rose about 11.9% between 2015 and 2024, from $909 to $1,018. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 8.3 yearly household incomes in Westmoreland County.
Buying the median-priced home in Westmoreland County costs roughly 44.0 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 Westmoreland County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Westmoreland County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $537,500 | $256,082 | $248,835 |
| Median Household Income | $64,504 | $93,527 | $80,455 |
| Price-to-Income Ratio | 8.3 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Westmoreland County rose about 109.8%, while median household income rose about 24.4% 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 | Westmoreland County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.0% | 61.5% | 58.5% |
| Rental Rate | 14.2% | 29.8% | 31.2% |
| Vacancy Rate | 28.8% | 8.7% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Westmoreland County has a homeownership rate of 57.0%, lower than the Virginia average of 61.5%. Its housing vacancy rate is 28.8%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Westmoreland County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.29 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1986 | 1982 | 1978 |
| Median Number of Rooms | 5.9 | 6.0 | 5.5 |
The typical housing unit in Westmoreland County was built around 1986. On average, 2.3 people live in a home with about 5.9 rooms, staying for about 17.0 years on average.
Westmoreland County, VA Housing Compared With Nearby Counties
Westmoreland County, VA is the 3rd largest of the 4 counties compared here, 18,825 residents against a local median of 27,895. The measure that sets Westmoreland County, VA apart most is median home price: $537,500, 64% above the local median of $328,342.
Median rent tells the same story from another angle: $1,018 against a local median of $1,428, 29% below it. The counties themselves sit within $95,843 of each other on median home price, a tighter band than the gap between any of them and Westmoreland County, VA, which makes it a genuine outlier here rather than one end of a wide local spread. Westmoreland County, VA has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Westmoreland County, VA | 18,825 | $537,500 #1/4 | $1,018 #3/4 | 80.1% #1/4 |
| Essex County, VA | 10,620 | $255,014 | $972 | 71.7% |
| St. Mary's County, MD | 115,126 | $350,857 | $1,747 | 73.2% |
| King George County, VA | 27,895 | $328,342 | $1,428 | 76.2% |
Frequently Asked Questions
Common questions about the housing market in Westmoreland County, Virginia.
What is the median home price in Westmoreland County, Virginia?
The median home price in Westmoreland County, Virginia is $537,500, higher than the Virginia average of $256,082.
What is the average home price in Westmoreland County, Virginia?
The typical home price in Westmoreland County, Virginia, reported as the median sale price, is $537,500. 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 Westmoreland County, Virginia?
The median gross rent in Westmoreland County, Virginia is $1,018 per month, lower than the Virginia average of $1,579.
What was the median gross rent in Westmoreland County in 2020?
In 2020, the median gross rent in Westmoreland County, Virginia was $884 per month.
What is the price-to-rent ratio in Westmoreland County, Virginia?
The price-to-rent ratio in Westmoreland County, Virginia is about 44.0, meaning it would take roughly 44.0 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 Westmoreland County.
Are home prices or rent rising faster in Westmoreland County, Virginia?
Both home prices and rent are rising in Westmoreland County, up about 16.4% and 0.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Westmoreland County, Virginia?
57.0% of households in Westmoreland County, Virginia own their home, lower than the Virginia average of 61.5%.
What is the vacancy rate in Westmoreland County, Virginia?
The housing vacancy rate in Westmoreland County, Virginia is 28.8%, higher than the Virginia average of 8.7%.
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