The story of this market
The typical home in Lancaster County, Virginia sells for about $385,000, or $270 per square foot.
Prices are up +5.4% from a year ago, so sellers still have some momentum. Homes take about 27 days to sell, which is fast. Over the long run, values in this county have grown 128% since 2000. The biggest natural hazard here is drought, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,091 a month.
HUD sets the fair market rent for a 2-bedroom at $1,091 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
+1.5%
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: 2006 (+17.1%). Worst: 2010 (-9.9%). 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
$1,501
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
+1.5%
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
71
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $7,491,919.
Mortgage activity
Home lending in this county
73.6%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 547 | 292 | 73.6% | 6% | $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 Approval rate is approved ÷ decided (withdrawn and incomplete files excluded).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.
Lancaster County, Virginia
The Lancaster County housing market is experiencing strong demand, with median prices reaching record highs in mid-2026. Increased inventory is providing more options for buyers, though competition remains high as homes continue to sell above list price. The market is characterized by resilience and steady value growth heading into the second half of the year.
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 · 3 cities · 7 ZIP reports
Median prices moved up 0.9% year over year.
Homes spend a median of 84 days on market with 0.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 1.16% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 12.0% — 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 7 researched ZIP reports — 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.
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.
researched Sep 16
researched Sep 19
researched Sep 20
researched Sep 21
researched Sep 19
researched Sep 16
researched Sep 17
| 22403 | Lancaster | $365,000 | $232 | +10.6% | 19 | — | — | — | 202 | $2,395 | researched Sep 16 |
| 22432 | Burgess | $245,000 | $148 | +2.4% | 52 | 97.5% | 12% | 4.6 | 14 | $1,350 | researched Sep 19 |
| 22435 | Callao | $202,200 | $115 | 0% | 90 | — | — | — | 434 | $722 | researched Sep 20 |
| 22437 | Center Cross | $350,000 | $206 | +2.9% | 68 | 97.5% | 12% | 5.2 | 106 | $1,650 | researched Sep 21 |
| 22476 | Hustle | $441,000 | $202 | +2.1% | 61 | 100.5% | — | 1 | 4 | $1,091 | researched Sep 19 |
| 22478 | White Stone | $476,072 | $222 | +2.1% | 61 | — | — | — | 224 | $2,100 | researched Sep 16 |
| 22482 | Kilmarnock | $347,600 | $202 | +2.1% | 61 | 99.5% | — | 1 | 4 | $919 | researched Sep 17 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county is located on the Northern Neck near the mouth of the Rappahannock River, necessitating awareness of coastal flood and storm surge risks.
The county is part of the Northern Neck George Washington Birthplace wine-growing region, with an economy supported by local agriculture and tourism.
Property taxes are assessed by the county government based on fair market value; specific exemptions for elderly or disabled residents may apply per local ordinance.
The economy is anchored by the wine-growing industry, tourism, and local services within the Northern Neck region.
The county is served by regional road networks connecting the Northern Neck to the broader Virginia Tidewater area.
The county assessor maintains property valuations based on periodic reassessments of fair market value.
The county is served by local school and utility districts typical of rural Virginia jurisdictions.
Coastal proximity influences property insurance premiums, with hazard coverage for wind and flood being a primary consideration 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.
A recognized American Viticultural Area that draws visitors to local vineyards and supports the regional economy.
Data sourced from US Census Bureau and Data Commons.