Market Snapshot

Report generated March 2026

IndicatorValue
Population42,818
↓ 0.3% since 2020
Median Household Income$43,626
42% below national median
Median Home Value$120,800
Unemployment Rate9.5%
Median Age40.3 years
Housing Vacancy Rate15.0%
Total Land Sales (Past 12 Months)199 transactions
Active Listings81 properties
Avg Days on Market221 days

Rural Land Sales (1+ Acres) (Feb 2026 – Mar 2026)

MetricValue
Median Price/Acre$6,407
Recent Sales137 transactions
Avg Days on Market218 days
Avg Parcel Size21.70 acres
Active Listings66 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Mar 20262.69$22,000$8,178Rockingham
Mar 20261.36$15,500$11,397Rockingham
Feb 202646.00$142,000$3,087Ellerbe
Feb 20266.98$33,500$4,799Ellerbe
Feb 20261.00$3,000$3,000Hamlet
Feb 202610.00$30,000$3,000Hamlet
Feb 20267.28$27,000$3,709Rockingham
Feb 20261.40$20,000$14,286Hoffman
Feb 20267.28$42,000$5,769Rockingham
Feb 2026377.87$422,500$1,118Ellerbe

Suburban/Urban Land Sales (Under 1 Acre) (Dec 2025 – Mar 2026)

MetricValue
Median Lot Price$10,000
Recent Sales62 transactions
Avg Days on Market226 days
Avg Parcel Size0.50 acres
Active Listings15 properties

Recent Suburban/Urban Land Sales

DateAcresPriceLocation
Mar 20260.12$4,000Hamlet
Feb 20260.13$6,500Rockingham
Feb 20260.20$30,000Hamlet
Jan 20260.88$20,000Ellerbe
Dec 20250.25$2,500Cordova
Dec 20250.27$9,826Rockingham
Dec 20250.43$3,599Rockingham
Dec 20250.12$3,731Hamlet
Dec 20250.19$4,719Rockingham
Dec 20250.32$6,372Rockingham

County Profile

DemographicValue
Total Population (2023)42,818
Population (2020)42,946
Population Growth-0.3%
Median Household Income$43,626
Median Home Value$120,800
Total Housing Units19,840
Vacant Housing Units2,977
Housing Vacancy Rate15.0%
Median Age40.3
Bachelor's Degree or Higher2,988 (7.0%)
Unemployment Rate9.5%

Market Overview

Richmond County, North Carolina has a population of 42,818, which has declined 0.3% since 2020. The median household income is $43,626, below the national median of $74,580 by 41.5%. The housing vacancy rate of 15.0% suggests soft market conditions. Richmond County is part of North Carolina's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $6,407 per acre, with properties averaging 21.70 acres. There are currently 81 active land listings in the county.

Frequently Asked Questions

What is the current population of Richmond County, North Carolina?
As of the 2023 American Community Survey, Richmond County has a population of 42,818. The county has declined 0.3% since the 2020 Census.
What is the median household income in Richmond County?
The median household income in Richmond County is $43,626, which is 41.5% below the national median of $74,580.
Is Richmond County growing or shrinking?
Richmond County is shrinking. The population has declined 0.3% since 2020.
What is the housing market like in Richmond County?
The median home value in Richmond County is $120,800. The housing vacancy rate is 15.0%, which suggests soft market conditions. The unemployment rate is 9.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $6,407 per acre. Suburban/urban lots under 1 acre have a median lot price of $10,000.
Does Reelvest buy land in Richmond County, North Carolina?
Yes! Reelvest Properties buys vacant land throughout North Carolina, including Richmond County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.