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Prince George County, VA housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$356,119+3.8% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$77,199About 1.0× the local median income ($80,906): affordable for a typical household
Days on market43 daysFaster than a year ago: sellers have the edge
Next 12 months+2.4%Zillow expects prices to rise slightly

The typical home in Prince George County, VA is worth $356,119, up 3.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $262,369, so the area is 35.7% overvalued. It is a balanced market, leaning toward buyers: homes take about 43 days to sell, listings are up 7% from a year ago, 21% of listings have had a price cut. Zillow expects prices to rise about 2.4% over the next year. A household needs about $77,199 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,906. Typical rent is $1,472 a month, or $1,934 for a house. In the latest IRS figures, 41 more people moved out than in.

Home value over time

$0K$100K$200K$300K1990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$356,119
Change in 1 year+3.8%
Overvalued %+35.7%
Show 7 more
Fair home value$262,369
Change in 5 years+32.3%
Zillow forecast, next 12 months+2.4%
Home value to income4.4×
Monthly mortgage payment (20% down)$1,930
Income needed to afford it$77,199
Property tax rate0.74%

Rent and investing

Typical rent$1,472
Typical rent for houses$1,934
Price-to-rent ratio20.2×
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HUD Fair Market Rent, 2 bedrooms$1,651
Gross rental yield4.96%
Cap rate (estimate)3.22%

Market activity

Listings vs a year ago+6.9%
Days on market43
Listings with a price cut20.6%
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Homes for sale77
Pending sales per 100 listings35
Asking price per sq ft$205

People and jobs

Median household income$80,906
Population change (1 year)+0.4%
Unemployment rate5.2%
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Population43,936
Income adjusted for cost of living$82,641
Net moves in (IRS)−41
Cost of living (US = 100)97.9

Schools, risk and environment

School rating (1 to 10)7.1
FEMA hazard risk score (0 to 100)13.9
Flood risk score40.0
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Wildfire risk score24.2
Walkability (1 to 20)5.3
Road, rail and air noise55 dB

Questions people ask

Is Prince George County, VA overvalued?
Home prices in Prince George County, VA are well above what local incomes have historically supported: fair value is about $262,369, so the area is 35.7% overvalued.
Is Prince George County, VA a buyer's or seller's market?
Prince George County, VA is a balanced market, leaning toward buyers: homes take about 43 days to sell, listings are up 7% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Prince George County, VA?
Home values in Prince George County, VA are up 3.8% over the last year. Zillow's forecast for the next 12 months is +2.4%.
How much do you need to earn to buy a home in Prince George County, VA?
A household needs about $77,199 a year to afford the typical home in Prince George County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,906.

Nearby and similar counties

ZIP codes in Prince George County (open on the map)

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