41Alpha

Patrick County, VA Housing Market Brief

county · VA · as of May 2026

Balanced

What is Patrick County, VA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-17.731
Inventory Health25%
+0.943
Affordability20%
47
Economic Strength20%
-2.921
Rental Yield15%
67

Where is Patrick County, VA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Patrick County, VA is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Patrick County, VA housing market data

MetricValueYoY
Median Sale Price$278K▲ +10.1%
Median Days on Market47 days▲ +11.9%
Months of Supply9.3▲ +116.3%
Homes for Sale84▲ +23.5%
Homes Sold9-43.7%
Median Price / Sq Ft$131-16%
Sale-to-List Ratio92.5%-4.2%

How has Patrick County, VA’s Alpha Score moved?

Now: 41
3-period trend
Median sale price · 12 mo

Markets like Patrick County, VA

Frequently asked questions

Is Patrick County, VA a buyer's or seller's market?

As of May 2026, Patrick County, VA is classified as a Balanced Market, based on its Alpha Score of 41 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Patrick County, VA?

The median sale price in Patrick County, VA is $278K, having risen 10.1% over the past year.

How affordable is Patrick County, VA?

Patrick County, VA scores 47 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Patrick County, VA's Alpha Score?

Patrick County, VA's strongest dimension is Rental Yield (67/100) and its weakest is Economic Strength (21/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Patrick County, VA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.