Housing · Rustburg

Rustburg, VA housing market

The typical Rustburg home is worth about $286,000, up 1.6% in a year, 31% below the Virginia typical home.

Home values, sales, trends and how Rustburg compares with the towns next door — updated as new data is published.

The market right now

Rustburg at a glance

Typical home value
$286K
▲ 1.6% in a year · Zillow
Median sale price
$290K
May 2026 · Redfin
Homes sold
1
in May

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

RustburgVirginia
$150K$200K$250K$300K$350K$400K$450K 20182020202220242026 Rustburg $286K Virginia $415K
Show as a table
JanuaryRustburgVirginia
2017$163,000$253,000
2018$164,000$263,000
2019$174,000$271,000
2020$183,000$284,000
2021$202,000$311,000
2022$222,000$345,000
2023$245,000$367,000
2024$266,000$386,000
2025$278,000$405,000
2026$283,000$411,000
August 2026$286,000$415,000
Affordability

3.9 years of income

The typical Rustburg home costs about 3.9 years of the town's median household income, less than across Virginia (4.5 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
41.6%
Virginia: 67.3%
Median tax bill
$1,041
Virginia: $2,790
Median rent
$910
Virginia: $1,579
Typical home built
1967
Virginia: 1984

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,080

HUD's Fair Market Rent for a two-bedroom in Rustburg is $1,080 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Rustburg pay a median of $910, so moving in tends to cost more than staying put. A two-bedroom takes about 18% of the town's median household income.

1 bedroom
$960
a month, with utilities
2 bedrooms
$1,080
a month, with utilities
3 bedrooms
$1,490
a month, with utilities
Share of income
18%
2 bedrooms ÷ median income

Studio $940 · 4 bedrooms $1,610

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (24588; Lynchburg, VA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

The coffee’s on

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01