Counties / Virginia / Greensville County

Greensville County, VA

FIPS 51081 · population 11,275 · outside every metro area

$169k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$169k
▲ 4.9% year over year
Zillow ZHVI · direct
ACS median gross rent
$969
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$1,001
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+62.6%not annualized · through 2025
0%ZILLOW ZHVI2026-06+4.9%FHFA HPI2025+11.0%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$159k
Surveyed gross rent$969
Rent burden 30%+48.1%
Median year built1979
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
20.5%vacant
4,026estimated housing units
Occupied tenure33.7% renter
owner 66.3%renter 33.7%
Structure mix75.4% single-family
Single-family 75.4%20+ units 0.0%Mobile home 18.5%Other 6.1%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs3,365▼ 11.7% from the prior annual release
Covered establishments231annual average reporting locations
Average weekly wage$1,275▲ 11.0% from the prior annual release
Largest private supersectorTrade, transportation, and utilities27.7% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−11.7%WEEKLY WAGE+11.0%Trade, transportation, and utilities27.7%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Greensville’s decision tension is rising price evidence beside a weakening workplace base, leaving acquisition economics unproven. Buyers able to verify property-level rent and costs should investigate; buyers reliant on immediate cash flow or a broadening local job base should be cautious. Zillow’s median home value was $168,536 in 2026-06, up 4.89% year over year. FHFA’s separate 2025 repeat-transaction HPI gained 11.03%, confirming direction rather than supplying a value or a matching interval. QCEW reports annual covered employment at county workplaces contracting while average covered-worker wages rose; it is not resident employment, unemployment, or a forecast. Trade, transportation, and utilities is the largest disclosed private supersector, not the whole economy.

02Housing economics

Market rent is not published, so gross yield cannot be computed. The $1,001 HUD FMR is a payment standard, not an asking-rent estimate, and must not be substituted for rent. The supplied 0.54% effective property-tax rate is a carrying-cost input, but not a parcel bill or assessment result. Together, the county value, absent rent, and tax rate do not establish income after taxes; insurance, maintenance, financing, vacancy, and assessment evidence are also absent.

03Demand & competition

In Realtor.com’s 2026-06 MLS listing snapshot, median asking price was up 16.91% from the prior year. Marketing took a median 45 days, 28.53% of listings had a reduction, and pending listings equaled 51.72% of active listings. These are evidence on asking prices, visible supply, marketing time, and concessions—not closed-sale pricing or buyer demand by themselves. Tax-return mover flows are nearly balanced, although incoming movers report higher average AGI than outgoing movers; that provides no clear net-migration volume cushion. Only 2 of 55 reported purchase mortgages were to non-occupants, limiting observed investor participation rather than proving absent buyer competition.

04Risk & next checks

Inland flood is the dominant hazard, and the modeled annual climate-loss ratio is 0.13% of building value. This is a county-level modeled exposure, not an observed loss, flood-zone determination, insurance quote, or parcel condition. The thesis could change with current leased and asking rents, vacancy and turnover, closed-sale comparables, parcel assessment and tax bills, and flood and insurance terms. Their absence prevents a yield test, a reliable exit-price check, and a full all-in carrying-cost assessment.

Cities & communities

Where people live within Greensville County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Jarratt town*989
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

1 Census places

Population
  1. 01
    Jarratt townIncorporated place · spans 2 counties
    989

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.131% of building value expected lost per year

Effective property tax0.54%

$855 median annual bill

02
DemandIRS SOI household flows
Net migration+2

235 in · 233 out

Arriving vs leaving income+$6,589

$37,417 arriving · $30,828 leaving

03
CompetitionHMDA financed purchases
Purchases by investors3.6%

2 of 55 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings15▲ 11.5% year over year
Median days on market45▼ 2.7% year over year
Listings price-reduced28.5%seller-concession signal
Median listing pricen/a▲ 16.9% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Contracting covered workplace employment may not support assumed tenant or buyer income stability.
  2. Listing reductions and marketing time could be consistent with weaker eventual closing prices than current asking prices.
  3. Parcel-specific flood exposure or insurance cost could exceed the county-level modeled risk measure.
Underwriting questions

Before pricing a property

Can gross yield be calculated from the supplied record?

No. Market rent is not published, and HUD FMR cannot be used as market rent.

What do the Zillow and FHFA measures represent?

Zillow reports a county median home value, while FHFA reports a repeat-transaction appreciation index rather than a home value.

What is the principal hazard identified for the county?

Inland flood is the dominant hazard; the supplied climate-loss measure is modeled county-level exposure, not a parcel-specific finding.