The story of this market
The typical home in Greene County, Virginia sells for about $343,300, or $185 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. Over the long run, values in this county have grown 146% since 2000. HUD's fair market rent for a two-bedroom is $1,642 a month.
HUD sets the fair market rent for a 2-bedroom at $1,642 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+2.8%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2005 (+19.3%). Worst: 2009 (-6.4%). Hover to read a year.
Monthly price momentum
Home values since 2015
+2.6%
VA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,997
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+2.8%
2025 change
FHFA repeat-sales index, median of 4 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
46
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $4,726,209.
Mortgage activity
Home lending in this county
75.1%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 1088 | 543 | 75.1% | 2.9% | $245,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Greene County, Virginia
Greene County's housing market remains resilient, characterized by steady price appreciation and consistent demand from commuters. While inventory remains tight, infrastructure investments like the White Run Reservoir are supporting long-term growth. The market is currently balanced, with transaction activity reflecting a healthy, albeit slow-growing, suburban environment.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 2 cities · 2 ZIP reports
Median prices moved sideways 0.0% year over year.
Homes spend a median of 237 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 7.8% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 1 researched ZIP reports of 2 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Greene County, Virginia — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
Greene County generally reports lower crime rates compared to the national average, with property crime being the most common offense. The area is considered relatively safe, consistent with its rural and suburban character in the Piedmont region.
Public schools in Greene County are managed by the Greene County Public Schools district, which generally maintains stable performance ratings. The district is characterized by its focus on community-based education and steady academic improvement.
The county faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas near the Blue Ridge Mountains. Insurance posture is standard for the region, with residents typically maintaining coverage for wind and water damage.
Economic momentum is driven by proximity to the Charlottesville employment hub and local infrastructure investments, such as the White Run Reservoir project. The county is experiencing steady residential growth as it transitions from a rural base to a suburban-commuter community.
Property taxes are assessed by the county based on fair market value, with rates set annually by the Board of Supervisors. The county utilizes a standard real estate tax structure without significant special district surcharges for general residential parcels.
The county offers significant outdoor recreation, including access to the Blue Ridge Mountains and Shenandoah National Park. Residents enjoy local parks, hiking trails, and proximity to regional lakes for fishing and boating.
The rental market is characterized by limited inventory and steady demand, largely driven by workers commuting to Charlottesville. Vacancy rates remain low, and rent growth has tracked with regional inflation.
The economy is primarily service-oriented with strong ties to the Charlottesville labor market, education, and healthcare sectors. Local government and small-scale retail provide the primary employment base within the county.
Transportation is dominated by U.S. Route 29, which serves as the primary corridor for commuting to Charlottesville and Northern Virginia. Public transit options are limited, necessitating personal vehicle ownership.
Development is focused on residential expansion and necessary utility infrastructure to support the growing population. Planning efforts prioritize maintaining the rural character while accommodating suburban growth.
The Greene County Commissioner of the Revenue oversees the assessment of real property at fair market value. Reassessments are conducted periodically to ensure tax equity across the county.
The county is served by the Greene County Public Schools district and various regional utility authorities. No major special tax districts significantly impact residential property tax rates.
Property insurance premiums are influenced by regional wildfire and storm risks common to the Blue Ridge foothills. Market health is stable, with standard coverage availability for homeowners.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Provides extensive hiking, camping, and scenic driving opportunities along the Blue Ridge Mountains.
Features the 1838 courthouse and preserved architecture that anchors the county seat's history.
Data retrieved from U.S. Census Bureau QuickFacts and FRED.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.