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Winchester city Housing Market

Virginia · 133 counties · Ranked #2737 in home value

Above National Avg

Housing at a Glance

Median Home Value

$325,900

vs national+$325,900 vs $281,900 national

Median Gross Rent

$1,298/mo

vs national+$1,298 vs $1,163 national

Effective Tax Rate

0.77%

vs national0.77% vs 1.02% national

Median Household Income

$64,648

vs national$64,648 vs $74,755 national

Affordability Ratio

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$2,505

Tax as % of Home Value

0.77%

Monthly Owner Cost

$1,367

Renter Income

$55,582

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Frequently Asked Questions

What is the median home value in Winchester city?

The median home value in Winchester city is $325,900. This is above the national median of $281,900.

How much is rent in Winchester city?

The median gross rent in Winchester city is $1,298 per month.

What is the property tax rate in Winchester city?

The effective property tax rate in Winchester city is 0.77%. The median annual property tax bill is $2,505.

Is Winchester city affordable?

With a home-value-to-income ratio of 5x, Winchester city is moderately 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.