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Featured local agent — Prince George, VA
Sarah Mitchell
Compass Real Estate · Prince George, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Prince George, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$299,000median sale price
How is the Prince George, VA housing market right now?
The median home sale price in Prince George, VA is $299,000, down 21.6% year-over-year. Homes sell in an average of 6 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Prince George a buyer's or seller's market?
Prince George, VA is currently a seller's market, based on 2.0 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
6
Fast-moving
Active listings
2
2.0 months supply
Sale-to-list
100.0%
Above asking
What does the Prince George housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $299,000 |
| Median list price | $389,990 |
| Year-over-year price change | -21.6% |
| Average days on market | 6 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $255/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Prince George by property type?
How the Prince George, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $299,000 | $255/sq ft | 1 | 6 days |
Source: Redfin · Updated monthly
The Prince George housing market is currently classified as a seller's market with a median sale price of $299,000. Prices have fallen 21.6% compared to last year, with homes spending an average of 6 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Prince George
There are currently 2 homes listed for sale in Prince George, Virginia. The median listing price is $390K.
Active listings
2
Homes on market
Median list price
$390K
Avg. days on market
6
Days until sale
New this week
1
Newly listed
Who lives in Prince George?
Population
2,066
Median income
$71,831/yr
Median age
34.1 years
Owner-occupied
57.3%
College grads
20.4%
Avg commute
22.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Prince George?
Zillow home value
$355,434
Zillow rent index
$2,167/mo
Price-to-rent ratio
13.7x
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Prince George?
Prince George is a community of approximately 2K residents with a median age of 34.1 years.The median household income is $71,831, which represents a working-class community with solid middle-income opportunities. 20.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.3%, showing a blend of owner and renter-occupied properties. The average commute time is 22.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Prince George offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Prince George?
4 schools tracked · 3,774 students
The largest public schools serving Prince George, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Prince George High
Grades 9-12 · 1,817 students
Middle Road Elementary
Grades PK-5 · 741 students
North Elementary
Grades PK-5 · 720 students
L.L. Beazley Elementary
Grades PK-5 · 496 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Prince George, VA?
Want a head-to-head view? Compare Prince George side-by-side with any other U.S. city using our market-comparison tool.
Is Prince George a good real estate investment market?
For investors evaluating Prince George, the price-to-rent ratio of 13.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 21.6% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Prince George's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Prince George's median home price.
Frequently asked questions
What is the average home price in Prince George?
The median home sale price in Prince George is $299,000, down 21.6% from last year.
How long do homes stay on market in Prince George?
Homes typically spend 6 days on market before going under contract.
What is the median income in Prince George?
The median household income is $71,831 per year.
Is Prince George a buyer's or seller's market?
With 2.0 months of supply, Prince George is currently a seller's market.
What is the Zillow home value estimate for Prince George?
The Zillow Home Value Index (ZHVI) for Prince George is $355,434, representing the typical home value in the area.
How much does a single-family home cost in Prince George?
The median single-family home price in Prince George, VA is $299,000 (about $255 per square foot).
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