Market Snapshot

Report generated March 2026

IndicatorValue
Population17,024
↓ 1.1% since 2020
Median Household Income$44,706
40% below national median
Median Home Value$168,700
Unemployment Rate4.4%
Median Age42.6 years
Housing Vacancy Rate15.3%
Total Land Sales (Past 12 Months)33 transactions
Active Listings16 properties
Avg Days on Market570 days

Rural Land Sales (1+ Acres) (May 2025 – May 2025)

MetricValue
Median Price/Acre$23,622
Recent Sales9 transactions
Avg Days on Market783 days
Avg Parcel Size5.30 acres
Active Listings5 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
May 20253.32$110,000$33,133Bristol

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

MetricValue
Median Lot Price$14,625
Recent Sales24 transactions
Avg Days on Market491 days
Avg Parcel Size0.30 acres
Active Listings11 properties

Recent Suburban/Urban Land Sales

DateAcresPriceLocation
Mar 2026New0.33$9,500Bristol
Jan 20260.28$20,000Bristol
Jan 20260.28$20,000Bristol
Jan 20260.21$290,000Bristol
Dec 20250.35$115,900Bristol
Dec 20250.09$10,000Bristol
Nov 20250.46$25,000Bristol
Nov 20250.46$25,000Bristol
Sep 20250.10$14,000Bristol

County Profile

DemographicValue
Total Population (2023)17,024
Population (2020)17,219
Population Growth-1.13%
Median Household Income$44,706
Median Home Value$168,700
Total Housing Units8,654
Vacant Housing Units1,327
Housing Vacancy Rate15.3%
Median Age42.6
Bachelor's Degree or Higher1,722 (10.1%)
Unemployment Rate (BLS)3.6%

Market Overview

Bristol city, Virginia has a population of 17,024, which has declined 1.13% since 2020. The median household income is $44,706, below the national median of $74,580 by 40.1%. With a median home value of $168,700 and an unemployment rate of 3.6%, the local economy is struggling. The housing vacancy rate of 15.3% suggests soft market conditions. Bristol city remains a key area for land acquisition in Virginia. Recent rural land sales show a median price of $23,622 per acre, with properties averaging 5.30 acres. There are currently 16 active land listings in the county.

Frequently Asked Questions

What is the current population of Bristol city, Virginia?
As of the 2023 American Community Survey, Bristol city has a population of 17,024. The county has declined 1.13% since the 2020 Census.
What is the median household income in Bristol city?
The median household income in Bristol city is $44,706, which is 40.1% below the national median of $74,580.
Is Bristol city growing or shrinking?
Bristol city is shrinking. The population has declined 1.13% since 2020.
What is the housing market like in Bristol city?
The median home value in Bristol city is $168,700. The housing vacancy rate is 15.3%, which suggests soft market conditions. The unemployment rate is 3.6%, indicating a struggling local economy. Recent rural land sales (1+ acres) show a median price of $23,622 per acre. Suburban/urban lots under 1 acre have a median lot price of $14,625.
Does Reelvest buy land in Bristol city, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Bristol city. 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.