Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 26,731 ↑ 0.0% since 2020 |
| Median Household Income | $64,675 13% below national median |
| Median Home Value | $174,500 |
| Unemployment Rate | 3.9% |
| Median Age | 45.5 years |
| Housing Vacancy Rate | 14.3% |
| Total Land Sales (Past 12 Months) | 199 transactions |
| Active Listings | 164 properties |
| Avg Days on Market | 288 days |
Rural Land Sales (1+ Acres) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $7,414 |
| Recent Sales | 162 transactions |
| Avg Days on Market | 293 days |
| Avg Parcel Size | 17.80 acres |
| Active Listings | 116 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026New | 25.00 | $130,000 | $5,200 | Cana |
| Mar 2026New | 4.16 | $79,900 | $19,211 | Hillsville |
| Mar 2026New | 14.91 | $425,000 | $28,508 | Hillsville |
| Mar 2026New | 1.00 | $21,000 | $21,000 | Fancy Gap |
| Feb 2026 | 49.60 | $191,672 | $3,864 | Fries |
| Feb 2026 | 70.50 | $325,000 | $4,610 | Cana |
| Feb 2026 | 3.07 | $62,000 | $20,222 | Hillsville |
| Feb 2026 | 25.00 | $181,000 | $7,240 | Dugspur |
| Feb 2026 | 5.05 | $37,000 | $7,327 | Galax |
| Feb 2026 | 9.68 | $95,000 | $9,813 | Hillsville |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $14,000 |
| Recent Sales | 37 transactions |
| Avg Days on Market | 264 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 48 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2026 | 0.40 | $65,000 | Hillsville |
| Feb 2026 | 0.30 | $4,600 | Fancy Gap |
| Feb 2026 | 0.70 | $50,000 | Laurel Fork |
| Dec 2025 | 0.60 | $9,000 | Fancy Gap |
| Nov 2025 | 0.07 | $97,000 | Hillsville |
| Nov 2025 | 0.97 | $20,000 | Galax |
| Oct 2025 | 0.22 | $50,000 | Galax |
| Oct 2025 | 0.38 | $28,900 | Hillsville |
| Sep 2025 | 0.47 | $4,500 | Hillsville |
| Sep 2025 | 0.71 | $4,500 | Hillsville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 29,158 |
| Population (2020) | 29,155 |
| Population Growth | 0.01% |
| Median Household Income | $52,575 |
| Median Home Value | $144,200 |
| Total Housing Units | 16,645 |
| Vacant Housing Units | 4,152 |
| Housing Vacancy Rate | 24.9% |
| Median Age | 49.0 |
| Bachelor's Degree or Higher | 2,575 (8.8%) |
| Unemployment Rate | 3.9% |
Market Overview
Carroll County, Virginia has a population of 29,158, which has grown 0.01% since 2020. The median household income is $52,575, below the national median of $74,580 by 29.5%. The housing vacancy rate of 24.9% suggests soft market conditions. Carroll County is part of Virginia's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $7,414 per acre, with properties averaging 17.80 acres. There are currently 164 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Carroll County, Virginia?
As of the 2023 American Community Survey, Carroll County has a population of 29,158. The county has grown 0.01% since the 2020 Census, indicating a growing community.
What is the median household income in Carroll County?
The median household income in Carroll County is $52,575, which is 29.5% below the national median of $74,580.
Is Carroll County growing or shrinking?
Carroll County is growing. The population has increased 0.01% since 2020.
What is the housing market like in Carroll County?
The median home value in Carroll County is $144,200. The housing vacancy rate is 24.9%, which suggests soft market conditions. The unemployment rate is 3.9%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $7,414 per acre. Suburban/urban lots under 1 acre have a median lot price of $14,000.
Does Reelvest buy land in Carroll County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Carroll 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.