Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 15,560 ↑ 0.5% since 2020 |
| Median Household Income | $61,401 18% below national median |
| Median Home Value | $215,500 |
| Unemployment Rate | 3.3% |
| Median Age | 48.0 years |
| Housing Vacancy Rate | 16.3% |
| Total Land Sales (Past 12 Months) | 200 transactions |
| Active Listings | 58 properties |
| Avg Days on Market | 488 days |
Rural Land Sales (1+ Acres) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $8,600 |
| Recent Sales | 191 transactions |
| Avg Days on Market | 496 days |
| Avg Parcel Size | 28.20 acres |
| Active Listings | 53 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 1.87 | $39,000 | $20,856 | Check |
| Mar 2026 | 23.43 | $140,000 | $5,975 | Copper Hill |
| Mar 2026 | 23.43 | $140,000 | $5,975 | Copper Hill |
| Feb 2026 | 29.30 | $132,000 | $4,505 | Copper Hill |
| Feb 2026 | 7.80 | $45,000 | $5,769 | Willis |
| Feb 2026 | 1.35 | $80,000 | $59,259 | Willis |
| Jan 2026 | 1.86 | $42,500 | $22,849 | Riner |
| Jan 2026 | 14.30 | $85,000 | $5,944 | Floyd |
| Jan 2026 | 9.80 | $85,000 | $8,673 | Floyd |
| Dec 2025 | 2.15 | $25,000 | $11,628 | Riner |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Oct 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $6,000 |
| Recent Sales | 9 transactions |
| Avg Days on Market | 327 days |
| Avg Parcel Size | 0.70 acres |
| Active Listings | 5 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Oct 2025 | 0.79 | $15,000 | Copper Hill |
| Oct 2025 | 0.79 | $15,000 | Copper Hill |
| Oct 2025 | 0.34 | $6,000 | Copper Hill |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 15,560 |
| Population (2020) | 15,476 |
| Population Growth | 0.54% |
| Median Household Income | $61,401 |
| Median Home Value | $215,500 |
| Total Housing Units | 7,946 |
| Vacant Housing Units | 1,297 |
| Housing Vacancy Rate | 16.3% |
| Median Age | 48.0 |
| Bachelor's Degree or Higher | 1,654 (10.6%) |
| Unemployment Rate (BLS) | 3.0% |
Market Overview
Floyd County, Virginia has a population of 15,560, which has grown 0.54% since 2020. The median household income is $61,401, below the national median of $74,580 by 17.7%. With a median home value of $215,500 and an unemployment rate of 3.0%, the local economy is moderate. The housing vacancy rate of 16.3% suggests soft market conditions. As part of Virginia, Floyd County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $8,600 per acre, with properties averaging 28.20 acres. There are currently 58 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Floyd County, Virginia?
As of the 2023 American Community Survey, Floyd County has a population of 15,560. The county has grown 0.54% since the 2020 Census, indicating a growing community.
What is the median household income in Floyd County?
The median household income in Floyd County is $61,401, which is 17.7% below the national median of $74,580.
Is Floyd County growing or shrinking?
Floyd County is growing. The population has increased 0.54% since 2020.
What is the housing market like in Floyd County?
The median home value in Floyd County is $215,500. The housing vacancy rate is 16.3%, which suggests soft market conditions. The unemployment rate is 3.0%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $8,600 per acre. Suburban/urban lots under 1 acre have a median lot price of $6,000.
Does Reelvest buy land in Floyd County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Floyd 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.