Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$309,231−0.1% YoY · prices are flat
Market right nowBalanced marketFewer homes for sale than last year, 11% have cut their price
Income needed to buy, per year$67,035About 1.0× the local median income ($70,072): affordable for a typical household
Days on market72 daysSlower than a year ago: buyers have time to negotiate
The typical home in Westmoreland County, VA is worth $309,231, about the same as a year ago. That is slightly below what local incomes have historically supported: fair value is about $319,913, so the area is 3.3% undervalued. It is a balanced market: homes take about 72 days to sell, listings are down 13% from a year ago, 11% of listings have had a price cut. A household needs about $67,035 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 $70,072. Typical rent is $1,961 a month. In the latest IRS figures, 340 more people moved in than out.
Home value over time
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
$309,231
Change in 1 year
−0.1%
Overvalued %
−3.3%
Show 6 more
Fair home value
$319,913
Change in 5 years
+17.9%
Home value to income
4.4×
Monthly mortgage payment (20% down)
$1,676
Income needed to afford it
$67,035
Property tax rate
0.60%
Rent and investing
Typical rent
$1,961
Price-to-rent ratio
13.1×
HUD Fair Market Rent, 2 bedrooms
$1,245
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Gross rental yield
7.61%
Cap rate (estimate)
4.95%
Market activity
Listings vs a year ago
−12.8%
Days on market
72
Listings with a price cut
11.0%
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Homes for sale
170
Pending sales per 100 listings
31
Asking price per sq ft
$240
People and jobs
Median household income
$70,072
Population change (1 year)
+1.9%
Unemployment rate
7.3%
Show 4 more
Population
19,715
Income adjusted for cost of living
$79,267
Net moves in (IRS)
+340
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
3.8
FEMA hazard risk score (0 to 100)
37.4
Flood risk score
64.8
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Wildfire risk score
16.6
Walkability (1 to 20)
5.7
Road, rail and air noise
54 dB
Questions people ask
Is Westmoreland County, VA overvalued?
Home prices in Westmoreland County, VA are slightly below what local incomes have historically supported: fair value is about $319,913, so the area is 3.3% undervalued.
Is Westmoreland County, VA a buyer's or seller's market?
Westmoreland County, VA is a balanced market: homes take about 72 days to sell, listings are down 13% from a year ago, 11% of listings have had a price cut.
Are home prices going down in Westmoreland County, VA?
Home values in Westmoreland County, VA are down 0.1% over the last year.
How much do you need to earn to buy a home in Westmoreland County, VA?
A household needs about $67,035 a year to afford the typical home in Westmoreland County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $70,072.