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Bridgewater, VA

Full City Profile · Virginia · Harrisonburg city County

4.0 /5.0
A Great
6,650 Population 2,639/sq mi density
$81,012 Median Income $30,850 per capita
$372,400 Home Value $368,752 Zillow
$1,141 Median Rent 26.7% income on rent
54°F Avg Temperature 302 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.5 / 5.0
$81,012 median income, 2.5% unemployment
A
Affordability
4.1 / 5.0
$372,400 home value, $1,141/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
4.9 / 5.0
48.6% bachelor's degree or higher

Housing Overview

Median Home Value
$372,400
32% above
US avg: $281,900
Median Rent
$1,141/mo
2% below
US avg: $1,163/mo
Homeownership Rate
64.0%
2% below US avg (65.4%)
Total Housing Units
2,413
Median year built: 1985

Home Value by Source

Census Median
$372,400
Zillow (ZHVI)
$368,752
Median Sale Price
$365,500
Median List Price
$359,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.0%
Owner-Occupied
36.0%
Renter-Occupied
64%
36%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $1,141/mo

Market Indicators (Redfin)

Median Days on Market
80 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$181
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
26.7%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
64.0%

Complete Housing Data

Home Values

Census Median Value$372,400
Zillow Home Value (ZHVI)$368,752
Median Sale Price$365,500
Median List Price$359,000
Price Per Sq Ft$181

Rent

Census Median Rent$1,141
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market80
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold4
Active Inventory6
Price Per Sq Ft$181

Ownership & Stock

Owner-Occupied64.0%
Renter-Occupied36.0%
Homeownership Rate64.0%
Total Housing Units2,413
Median Year Built1985
Rent Burden26.7%