Prince William County

Virginia ยท Pop. 482,204

Ranked #134 of 200 counties

36Crisis

Median Home Price

๐Ÿ 

$480K

3.5% YoY

Median Rent

๐Ÿ”‘

$1,900

Median Income

๐Ÿ’ฐ

$100K

Rent Burden

๐Ÿ“Š

26.0%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

8,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

4,200

Price-to-Income Ratio

โš–๏ธ

4.8x

Homeownership Rate

๐Ÿก

72.0%

How Prince William County Compares

MetricPrince William CountyVirginiaNational
Home Price$480K$383K$410K
Rent$1,900$1,567$1,500
Income$100K$90K$75K
Rent Burden26.0%31.0%30.0%
Homeownership72.0%68.0%65.0%

Key Takeaways

  • โ€ข Home prices are 17% above the national average.
  • โ€ข Rent is 27% above the national average.
  • โ€ข The county has an estimated housing shortage of 8,000 units.
  • โ€ข 4,200 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.5%.