Virginia real estate investing data by county
Updated 2026-11-09 · Official Census, HUD, NAIC and FHFA figures
What does it cost to own and rent in Virginia?
Across Virginia's 133 counties, the median county has an effective property tax rate of 0.63%, a median home value of $240,900 and a median rent of $1,043 a month. Fairfax, the most populous county, has a median home value of $699,700 and a 1.01% tax rate. Property tax is lowest in Prince Edward (0.40%) and highest in Manassas Park city (1.14%). The average homeowners premium is $1,537 a year. On a $250,000 purchase, the Fairfax rate works out to about $2,525 a year in property tax.
- Median property tax rate
- 0.63%
- Median home value
- $240,900
- Median rent / month
- $1,043
- Average insurance / year
- $1,537
Is there a transfer tax in Virginia?
$0.25 per $100 state recordation tax (58.1-801) plus $0.50 per $500 grantor tax (58.1-802, half state and half locality); grantor pays the latter unless the parties agree otherwise. Localities may add one-third of the state recordation tax (58.1-814); Northern Virginia adds $0.10 per $100 (58.1-802.3). Rules change and exemptions exist, so confirm with your title company. Va. Code 58.1-801, 802, 814
Virginia property tax, home values and rent by county
Select a column heading to sort.
| Fairfax | 1.01% | $7,072 | $699,700 | $2,230 | $3,107 | 6.2% | 4.4% |
|---|---|---|---|---|---|---|---|
| Prince William | 0.98% | $4,910 | $500,600 | $2,002 | $3,107 | 8.1% | 5.9% |
| Virginia Beach city | 0.80% | $2,929 | $366,300 | $1,649 | $2,298 | 8.3% | 5.5% |
| Loudoun | 0.88% | $6,186 | $701,000 | $2,317 | $3,107 | 8.3% | 5.8% |
| Chesterfield | 0.78% | $2,636 | $336,700 | $1,542 | $2,039 | 9.4% | 7.0% |
| Henrico | 0.72% | $2,416 | $333,600 | $1,474 | $2,039 | 9.4% | 7.0% |
| Chesapeake city | 0.82% | $2,937 | $359,100 | $1,523 | $2,298 | 8.1% | 5.4% |
| Arlington | 0.90% | $7,774 | $864,800 | $2,275 | $3,107 | 4.4% | 3.7% |
| Norfolk city | 1.01% | $2,738 | $271,900 | $1,246 | $2,298 | 7.9% | 5.4% |
| Richmond city | 0.86% | $2,834 | $328,100 | $1,314 | $2,039 | 8.8% | 7.5% |
| Newport News city | 1.03% | $2,507 | $243,300 | $1,285 | $2,298 | 8.3% | 5.5% |
| Stafford | 0.72% | $3,301 | $458,800 | $1,925 | $3,107 | 8.5% | 5.9% |
| Alexandria city | 0.99% | $6,879 | $696,800 | $2,031 | $3,107 | 4.3% | 3.7% |
| Spotsylvania | 0.60% | $2,263 | $375,000 | $1,733 | $3,107 | 8.6% | 6.2% |
| Hampton city | 0.96% | $2,259 | $234,100 | $1,346 | $2,298 | 9.3% | 5.9% |
| Albemarle | 0.74% | $3,482 | $471,000 | $1,623 | $1,997 | 8.3% | 5.8% |
| Hanover | 0.67% | $2,506 | $372,700 | $1,496 | $2,039 | 8.2% | 6.0% |
| Montgomery | 0.77% | $2,174 | $283,600 | $1,206 | $1,783 | 7.9% | 5.6% |
| Roanoke city | 1.01% | $1,828 | $180,500 | $964 | $2,022 | 10.1% | 6.8% |
| Portsmouth city | 1.07% | $2,452 | $229,400 | $1,266 | $2,298 | 8.8% | 6.3% |
| Roanoke | 0.88% | $2,340 | $267,300 | $1,148 | $2,022 | 9.0% | 6.2% |
| Suffolk city | 0.93% | $3,073 | $329,600 | $1,484 | $2,298 | 9.0% | 6.1% |
| Frederick | 0.51% | $1,807 | $355,000 | $1,402 | $1,895 | 8.6% | 6.1% |
| Rockingham | 0.53% | $1,532 | $287,900 | $1,125 | $1,728 | 8.3% | 5.5% |
| Bedford | 0.46% | $1,265 | $276,600 | $955 | $1,547 | 8.7% | 5.6% |
| James City | 0.66% | $2,786 | $419,200 | $1,491 | $2,298 | 9.0% | 5.5% |
| Lynchburg city | 0.84% | $1,778 | $211,800 | $1,043 | $1,547 | 9.2% | 6.4% |
| Augusta | 0.49% | $1,379 | $281,400 | $1,057 | $1,634 | 8.9% | 6.1% |
| Fauquier | 0.77% | $4,185 | $543,700 | $1,561 | $3,107 | 8.3% | 5.8% |
| York | 0.65% | $2,676 | $411,200 | $1,777 | $2,298 | 7.4% | 4.6% |
| Pittsylvania | 0.59% | $907 | $153,000 | $856 | $1,289 | 10.1% | 6.1% |
| Campbell | 0.46% | $913 | $199,200 | $853 | $1,547 | 9.2% | 6.1% |
| Franklin | 0.53% | $1,188 | $222,800 | $797 | $1,495 | 10.4% | 6.5% |
| Washington | 0.51% | $1,038 | $201,800 | $832 | $1,375 | 10.2% | 6.2% |
| Culpeper | 0.55% | $2,119 | $386,400 | $1,417 | $2,187 | 8.8% | 6.0% |
| Harrisonburg city | 0.78% | $2,172 | $278,200 | $1,120 | $1,728 | 8.1% | 5.5% |
| Henry | 0.50% | $604 | $120,300 | $705 | $1,144 | 10.4% | 6.4% |
| Charlottesville city | 0.81% | $3,649 | $448,400 | $1,453 | $1,997 | 8.1% | 6.4% |
| Shenandoah | 0.55% | $1,451 | $265,800 | $968 | $1,452 | 9.2% | 6.2% |
| Prince George | 0.78% | $2,098 | $268,300 | $1,563 | $2,039 | 9.3% | 6.3% |
| Manassas city | 1.10% | $4,766 | $434,700 | $1,835 | $3,107 | 8.0% | 5.8% |
| Danville city | 0.67% | $743 | $110,200 | $808 | $1,289 | 11.2% | 6.2% |
| Warren | 0.59% | $1,850 | $315,800 | $1,199 | $1,930 | 9.4% | 6.5% |
| Tazewell | 0.62% | $718 | $116,100 | $738 | $1,154 | 6.2% | 3.8% |
| Isle of Wight | 0.72% | $2,399 | $333,600 | $1,313 | $2,298 | 7.9% | 5.2% |
| Gloucester | 0.59% | $1,718 | $289,200 | $1,144 | $2,298 | 9.1% | 5.6% |
| Louisa | 0.65% | $1,781 | $275,600 | $1,208 | $1,788 | 9.3% | 6.6% |
| Orange | 0.61% | $2,048 | $337,300 | $1,145 | $1,747 | 8.6% | 6.1% |
| Wise | 0.56% | $658 | $116,500 | $770 | $1,262 | 6.7% | 3.4% |
| Botetourt | 0.65% | $1,761 | $268,900 | $951 | $2,022 | 9.1% | 5.8% |
| Halifax | 0.49% | $729 | $148,900 | $769 | $1,230 | 8.4% | 5.5% |
| Pulaski | 0.64% | $1,176 | $182,500 | $815 | $1,267 | 9.4% | 6.2% |
| Petersburg city | 0.92% | $1,449 | $157,900 | $1,132 | $2,039 | 10.2% | 8.0% |
| Accomack | 0.50% | $962 | $193,100 | $973 | $1,370 | 10.3% | 6.2% |
| Caroline | 0.56% | $1,585 | $283,100 | $1,201 | $1,723 | 9.6% | 6.8% |
| Amherst | 0.51% | $997 | $197,200 | $842 | $1,547 | 8.1% | 5.4% |
| Powhatan | 0.63% | $2,418 | $381,300 | $1,107 | $2,039 | 9.4% | 6.5% |
| Mecklenburg | 0.49% | $826 | $169,400 | $804 | $1,268 | 9.6% | 5.8% |
| Smyth | 0.61% | $766 | $125,800 | $692 | $1,171 | 9.2% | 5.6% |
| Carroll | 0.60% | $861 | $144,200 | $687 | $1,306 | 9.2% | 6.4% |
| Fredericksburg city | 0.62% | $2,853 | $461,500 | $1,521 | $3,107 | 6.7% | 5.6% |
| Wythe | 0.49% | $851 | $172,100 | $718 | $1,290 | 8.8% | 5.6% |
| Dinwiddie | 0.60% | $1,478 | $246,100 | $1,242 | $2,039 | 8.9% | 6.4% |
| Winchester city | 0.77% | $2,505 | $325,900 | $1,298 | $1,895 | 9.4% | 6.5% |
| Fluvanna | 0.65% | $1,835 | $281,700 | $1,173 | $1,997 | 7.5% | 5.4% |
| King George | 0.56% | $2,221 | $395,900 | $1,426 | $2,105 | 8.7% | 5.8% |
| Staunton city | 0.71% | $1,696 | $239,300 | $993 | $1,634 | 10.1% | 7.1% |
| Russell | 0.54% | $644 | $119,600 | $682 | $1,212 | 7.5% | 4.2% |
| Goochland | 0.50% | $2,418 | $483,700 | $1,567 | $2,039 | 8.3% | 6.0% |
| Salem city | 0.91% | $2,232 | $244,800 | $1,046 | $2,022 | 8.9% | 5.9% |
| Fairfax city | 0.94% | $6,392 | $677,400 | $2,122 | $3,107 | 7.0% | 4.8% |
| New Kent | 0.68% | $2,523 | $371,500 | $1,653 | $2,039 | 8.2% | 5.9% |
| Page | 0.67% | $1,489 | $221,800 | $851 | $1,181 | 10.1% | 6.6% |
| Hopewell city | 0.97% | $1,600 | $165,100 | $1,085 | $2,039 | 10.5% | 8.4% |
| Rockbridge | 0.60% | $1,432 | $238,700 | $956 | $1,464 | 7.4% | 4.3% |
| Waynesboro city | 0.67% | $1,578 | $236,600 | $972 | $1,634 | 9.6% | 6.7% |
| Lee | 0.59% | $586 | $98,700 | $725 | $1,294 | — | — |
| Prince Edward | 0.40% | $820 | $203,700 | $898 | $1,342 | 7.2% | 5.0% |
| Scott | 0.68% | $826 | $122,300 | $665 | $1,375 | 11.6% | 5.8% |
| Greene | 0.64% | $2,009 | $315,300 | $1,502 | $1,997 | 8.6% | 5.6% |
| Buchanan | 0.44% | $404 | $91,400 | $712 | $1,306 | — | — |
| Westmoreland | 0.62% | $1,506 | $244,000 | $991 | $1,678 | 8.8% | 5.9% |
| King William | 0.63% | $1,733 | $276,500 | $1,246 | $2,039 | 9.2% | 6.3% |
| Colonial Heights city | 0.92% | $2,127 | $231,700 | $1,162 | $2,039 | 9.8% | 7.3% |
| Southampton | 0.66% | $1,380 | $208,800 | $930 | $1,392 | 10.5% | 6.4% |
| Patrick | 0.58% | $851 | $146,500 | $721 | $1,208 | 11.0% | 6.0% |
| Bristol city | 0.77% | $1,294 | $168,700 | $775 | $1,375 | 10.6% | 6.7% |
| Manassas Park city | 1.14% | $4,329 | $381,200 | $2,175 | $3,107 | 7.3% | 6.3% |
| Buckingham | 0.52% | $874 | $167,800 | $874 | $1,306 | 10.8% | 7.3% |
| Giles | 0.63% | $907 | $143,500 | $780 | $1,190 | 8.9% | 5.8% |
| Radford city | 0.70% | $1,488 | $211,700 | $966 | $1,783 | 8.2% | 6.0% |
| Appomattox | 0.53% | $1,006 | $189,200 | $883 | $1,547 | 8.6% | 5.7% |
| Brunswick | 0.54% | $718 | $132,700 | $864 | $1,306 | 8.3% | 5.6% |
| Nottoway | 0.42% | $756 | $179,800 | $1,009 | $1,421 | 8.8% | 5.5% |
| Williamsburg city | 0.58% | $2,265 | $393,200 | $1,361 | $2,298 | 7.7% | 4.9% |
| Floyd | 0.52% | $1,122 | $215,500 | $826 | $1,299 | 7.9% | 5.7% |
| Grayson | 0.62% | $820 | $132,300 | $712 | $1,271 | 8.5% | 5.4% |
| Clarke | 0.51% | $2,757 | $538,900 | $1,360 | $3,107 | 9.0% | 6.1% |
| Alleghany | 0.83% | $1,011 | $122,300 | $774 | $1,246 | 7.5% | 5.0% |
| Nelson | 0.54% | $1,517 | $283,000 | $950 | $1,997 | 10.1% | 6.1% |
| Falls Church city | 0.99% | $10,001 | $1,005,400 | $2,205 | $3,107 | 7.2% | 4.7% |
| Madison | 0.59% | $1,967 | $331,400 | $1,048 | $1,515 | 9.8% | 6.3% |
| Dickenson | 0.50% | $503 | $101,100 | $733 | $1,124 | — | — |
| Martinsville city | 0.81% | $746 | $92,500 | $784 | $1,144 | 11.7% | 6.2% |
| Amelia | 0.43% | $1,034 | $239,700 | $972 | $2,039 | 9.7% | 6.5% |
| Poquoson city | 0.90% | $3,640 | $403,000 | $1,634 | $2,298 | 6.9% | 4.9% |
| Northampton | 0.61% | $1,689 | $279,100 | $780 | $1,356 | 10.6% | 8.1% |
| Northumberland | 0.48% | $1,602 | $333,100 | $1,053 | $1,647 | 9.7% | 5.7% |
| Lunenburg | 0.44% | $635 | $145,500 | $780 | $1,204 | 9.0% | 6.0% |
| Charlotte | 0.51% | $739 | $144,000 | $682 | $1,161 | 14.0% | 8.1% |
| Greensville | 0.59% | $936 | $159,200 | $960 | $1,410 | 10.2% | 5.6% |
| Lancaster | 0.49% | $1,508 | $307,600 | $978 | $1,501 | 9.0% | 5.4% |
| Sussex | 0.54% | $966 | $178,500 | $952 | $2,039 | 10.1% | 6.6% |
| Middlesex | 0.56% | $1,692 | $299,800 | $1,071 | $1,500 | 8.4% | 5.2% |
| Essex | 0.57% | $1,312 | $228,600 | $967 | $1,396 | 7.7% | 5.1% |
| Cumberland | 0.64% | $1,398 | $220,100 | $847 | $1,246 | 9.9% | 6.6% |
| Richmond | 0.55% | $1,188 | $214,200 | $1,011 | $1,526 | 8.6% | 6.0% |
| Mathews | 0.42% | $1,475 | $348,800 | $1,108 | $2,298 | 11.1% | 6.2% |
| Franklin city | 0.74% | $1,677 | $227,200 | $995 | $1,392 | 6.6% | 4.8% |
| Lexington city | 0.86% | $2,378 | $275,300 | $985 | $1,464 | 9.6% | 5.6% |
| Rappahannock | 0.57% | $2,787 | $490,200 | $1,384 | $1,853 | 8.5% | 5.1% |
| Galax city | 0.76% | $962 | $126,800 | $692 | $1,306 | 9.0% | 7.0% |
| Charles City | 0.60% | $1,354 | $224,100 | $1,076 | $2,039 | 9.9% | 6.0% |
| King and Queen | 0.52% | $1,261 | $240,900 | $982 | $1,435 | 9.6% | 6.0% |
| Buena Vista city | 0.94% | $1,444 | $153,500 | $1,067 | $1,464 | 8.5% | 6.2% |
| Surry | 0.63% | $1,474 | $235,200 | $858 | $1,473 | 9.6% | 6.0% |
| Bland | 0.55% | $868 | $157,100 | $683 | $1,306 | 5.0% | 2.9% |
| Covington city | 0.78% | $629 | $80,200 | $822 | $1,246 | 8.5% | 6.0% |
| Emporia city | 0.76% | $990 | $131,100 | $1,060 | $1,410 | 9.6% | 6.0% |
| Craig | 0.46% | $958 | $210,500 | $728 | $2,022 | 7.3% | 4.9% |
| Bath | 0.40% | $834 | $206,000 | $825 | $1,203 | — | — |
| Norton city | 0.78% | $787 | $100,700 | $670 | $1,262 | — | — |
| Highland | 0.56% | $1,104 | $195,700 | $859 | $1,233 | — | — |
Common questions
What is the typical property tax rate in Virginia?
The median Virginia county has an effective property tax rate of 0.63%, calculated from median taxes paid and median home value in the Census American Community Survey (2019-2023). Rates range from 0.40% in Prince Edward to 1.14% in Manassas Park city.
How much is homeowners insurance in Virginia?
The average Virginia HO-3 homeowners premium was $1,537 a year in 2023, according to the NAIC. That ranks 29 of 51 among the states and DC. This is a statewide average, so get a quote for the specific property.
What is fair market rent in Fairfax, Virginia?
HUD's 2027 Fair Market Rent for a three-bedroom home in Fairfax is $3,107 a month, and $2,438 for a two-bedroom. HUD sets these at about the 40th percentile of rents, including utilities, so treat them as a cautious baseline.
How fast have home prices risen in Virginia?
The median Virginia county saw home prices rise 8.9% a year over the five years to 2025, according to the FHFA House Price Index. In Fairfax, the ten-year pace was 4.4% a year. Those years include an unusually strong run, so don't assume the same pace going forward.
Where these numbers come from
Tax rate is median real estate taxes paid divided by median owner-occupied home value, ACS 2019-2023. A buyer may be reassessed higher than a long-time owner, so check the county's actual rate. Rents are HUD Fair Market Rents for 2027. Insurance is the NAIC 2023 statewide HO-3 average. Price changes are annualized from FHFA's developmental county House Price Index through 2025, and a dash means FHFA doesn't report that county. Past growth doesn't predict future growth. Updated 2026-11-09. Estimates only, not financial advice.
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