Woodbridge, Virginia Housing Market Prices
Woodbridge 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 58% above the Virginia median$405,650
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Median rent 33% above the Virginia median$2,105
Housing Market Overview
| Metric | Woodbridge | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $405,650 | $256,082 | $248,835 |
| Price Trend (Annual %) | 8.2% | 3.5% | 7.5% |
| Median Gross Rent | $2,105 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Woodbridge is about 58% higher than in Virginia. Rent is about 33% higher 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 Woodbridge, up about 8.2% and 4.4% a year respectively. Home prices are changing faster.
Median rent in Woodbridge rose about 45.6% between 2015 and 2024, from $1,445 to $2,105. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 3.9 yearly household incomes in Woodbridge.
Buying the median-priced home in Woodbridge costs roughly 16.1 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 Woodbridge. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Woodbridge | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $405,650 | $256,082 | $248,835 |
| Median Household Income | $103,519 | $93,527 | $80,455 |
| Price-to-Income Ratio | 3.9 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Woodbridge rose about 80.3%, while median household income rose about 51.0% 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 | Woodbridge | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.7% | 61.5% | 58.5% |
| Rental Rate | 43.1% | 29.8% | 31.2% |
| Vacancy Rate | 5.1% | 8.7% | 10.2% |
| Median Tenure (years) | 11.0 | 15.0 | 15.0 |
| Median Year Moved In | 2015 | 2011 | 2011 |
Woodbridge has a homeownership rate of 51.7%, lower than the Virginia average of 61.5%. Its housing vacancy rate is 5.1%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Woodbridge | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.15 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1983 | 1982 | 1978 |
| Median Number of Rooms | 5.8 | 6.0 | 5.5 |
The typical housing unit in Woodbridge was built around 1983. On average, 3.2 people live in a home with about 5.8 rooms, staying for about 11.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Woodbridge, Virginia.
What is the median home price in Woodbridge, Virginia?
The median home price in Woodbridge, Virginia is $405,650, higher than the Virginia average of $256,082.
What is the average home price in Woodbridge, Virginia?
The typical home price in Woodbridge, Virginia, reported as the median sale price, is $405,650. 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 Woodbridge, Virginia?
The median gross rent in Woodbridge, Virginia is $2,105 per month, higher than the Virginia average of $1,579.
What was the median gross rent in Woodbridge in 2020?
In 2020, the median gross rent in Woodbridge, Virginia was $1,657 per month.
What is the price-to-rent ratio in Woodbridge, Virginia?
The price-to-rent ratio in Woodbridge, Virginia is about 16.1, meaning it would take roughly 16.1 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 Woodbridge.
Are home prices or rent rising faster in Woodbridge, Virginia?
Both home prices and rent are rising in Woodbridge, up about 8.2% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Woodbridge, Virginia?
51.7% of households in Woodbridge, Virginia own their home, lower than the Virginia average of 61.5%.
What is the vacancy rate in Woodbridge, Virginia?
The housing vacancy rate in Woodbridge, Virginia is 5.1%, lower than the Virginia average of 8.7%.
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