June's First-Time Homebuyer Report for Prince Edward County

With 23,368 residents, Prince Edward County is an average-sized county in Virginia. Also, with 66.8 people per square mile, it has a lower than average density in comparison to other parts of the state. The three cities with the largest populations are Farmville, Hampden Sydney, and Pamplin City. Prince Edward County is an area where most people own their homes, with an ownership ratio of 52.8%. The top school in the county is Eureka Elementary School.

Price Range

The housing prices of Prince Edward County are close to the state average with a median home value of $154,600 and a current average list price of $129,782. The least expensive places to live are Farmville, Hampden Sydney, and Pamplin City.

Typical Dwelling

A three-bedroom detached home valued around $182,158 is considered a typical dwelling in Prince Edward County. If a buyer was looking for a similar home, they would need good credit and a $36,432 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $746 and the property tax rate is $5.32 per $1,000 of taxable assessed value.

Get started right now by checking out Prince Edward County homes for sale or reviewing Prince Edward County real estate trends.


Data reported through 6/15/2017

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