Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 336,749 ↑ 0.6% since 2020 |
| Median Household Income | $58,780 21% below national median |
| Median Home Value | $183,700 |
| Unemployment Rate | 6.2% |
| Median Age | 31.8 years |
| Housing Vacancy Rate | 10.5% |
| Total Land Sales (Past 12 Months) | 97 transactions |
| Active Listings | 11 properties |
| Avg Days on Market | 556 days |
Rural Land Sales (1+ Acres) (Sep 2025 – Dec 2025)
| Metric | Value |
|---|---|
| Median Price/Acre | $8,198 |
| Recent Sales | 90 transactions |
| Avg Days on Market | 553 days |
| Avg Parcel Size | 19.30 acres |
| Active Listings | 9 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Dec 2025 | 2.60 | $26,000 | $10,000 | Farmville |
| Dec 2025 | 2.60 | $26,000 | $10,000 | Farmville |
| Dec 2025 | 10.52 | $180,000 | $17,117 | Powhatan |
| Dec 2025 | 9.42 | $83,900 | $8,907 | Farmville |
| Dec 2025 | 57.94 | $250,000 | $4,315 | Farmville |
| Nov 2025 | 11.43 | $129,900 | $11,365 | Farmville |
| Nov 2025 | 6.18 | $52,000 | $8,414 | Cartersville |
| Nov 2025 | 2.00 | $49,950 | $24,975 | Cumberland |
| Sep 2025 | 5.59 | $64,000 | $11,449 | Farmville |
| Sep 2025 | 7.10 | $64,000 | $9,014 | Farmville |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $31,000 |
| Recent Sales | 7 transactions |
| Avg Days on Market | 598 days |
| Avg Parcel Size | 0.30 acres |
| Active Listings | 2 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Jun 2025 | 0.22 | $32,500 | Cartersville |
| Sep 2024 | 0.35 | $31,000 | Farmville |
| Sep 2024 | 0.39 | $31,000 | Farmville |
| Sep 2024 | 0.31 | $31,000 | Farmville |
| Sep 2024 | 0.38 | $31,000 | Farmville |
| Mar 2024 | 0.34 | $18,000 | Farmville |
| Jul 2023 | 0.21 | $45,000 | Cartersville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 9,745 |
| Population (2020) | 9,675 |
| Population Growth | 0.72% |
| Median Household Income | $57,057 |
| Median Home Value | $220,100 |
| Total Housing Units | 4,695 |
| Vacant Housing Units | 520 |
| Housing Vacancy Rate | 11.1% |
| Median Age | 45.2 |
| Bachelor's Degree or Higher | 719 (7.4%) |
| Unemployment Rate | 6.2% |
Market Overview
Cumberland County, Virginia has a population of 9,745, which has grown 0.72% since 2020. The median household income is $57,057, below the national median of $74,580 by 23.5%. The housing vacancy rate of 11.1% suggests balanced market conditions. Cumberland County remains a key area for land acquisition in Virginia. Recent rural land sales show a median price of $8,198 per acre, with properties averaging 19.30 acres. There are currently 11 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Cumberland County, Virginia?
As of the 2023 American Community Survey, Cumberland County has a population of 9,745. The county has grown 0.72% since the 2020 Census, indicating a growing community.
What is the median household income in Cumberland County?
The median household income in Cumberland County is $57,057, which is 23.5% below the national median of $74,580.
Is Cumberland County growing or shrinking?
Cumberland County is growing. The population has increased 0.72% since 2020.
What is the housing market like in Cumberland County?
The median home value in Cumberland County is $220,100. The housing vacancy rate is 11.1%, which suggests balanced market conditions. The unemployment rate is 6.2%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $8,198 per acre. Suburban/urban lots under 1 acre have a median lot price of $31,000.
Does Reelvest buy land in Cumberland County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Cumberland 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.