Home/Virginia/Buchanan County

Buchanan County Housing Market

Virginia · 133 counties · Ranked #170 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$91,400

vs national$91,400 vs $281,900 national

Median Gross Rent

$712/mo

vs national$712 vs $1,163 national

Effective Tax Rate

0.44%

vs national0.44% vs 1.02% national

Median Household Income

$42,216

vs national$42,216 vs $74,755 national

Affordability Ratio

2.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

36.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$404

Tax as % of Home Value

0.44%

Monthly Owner Cost

$392

Renter Income

$21,892

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$61+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in Buchanan County. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in Buchanan County?

The median home value in Buchanan County is $91,400. This is below the national median of $281,900.

How much is rent in Buchanan County?

The median gross rent in Buchanan County is $712 per month.

What is the property tax rate in Buchanan County?

The effective property tax rate in Buchanan County is 0.44%. The median annual property tax bill is $404.

Is Buchanan County affordable?

With a home-value-to-income ratio of 2.2x, Buchanan County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.