Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 48,219 ↓ 0.8% since 2020 |
| Median Household Income | $45,071 40% below national median |
| Median Home Value | $102,500 |
| Unemployment Rate | 8.7% |
| Median Age | 43.8 years |
| Housing Vacancy Rate | 18.4% |
| Total Land Sales (Past 12 Months) | 196 transactions |
| Active Listings | 90 properties |
| Avg Days on Market | 299 days |
Rural Land Sales (1+ Acres) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $5,032 |
| Recent Sales | 179 transactions |
| Avg Days on Market | 294 days |
| Avg Parcel Size | 30.60 acres |
| Active Listings | 81 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 4.05 | $45,000 | $11,111 | Halifax |
| Mar 2026 | 2.20 | $10,000 | $4,545 | Nathalie |
| Feb 2026 | 20.33 | $72,500 | $3,566 | Nathalie |
| Feb 2026 | 202.20 | $653,000 | $3,229 | Nathalie |
| Feb 2026 | 153.00 | $569,000 | $3,719 | Alton |
| Feb 2026 | 5.00 | $39,899 | $7,980 | Clover |
| Feb 2026 | 3.50 | $32,899 | $9,400 | Clover |
| Feb 2026 | 27.51 | $130,000 | $4,726 | South Boston |
| Feb 2026 | 3.50 | $33,000 | $9,429 | Clover |
| Feb 2026 | 41.69 | $239,000 | $5,733 | Virgilina |
Suburban/Urban Land Sales (Under 1 Acre) (Jan 2026 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $8,726 |
| Recent Sales | 17 transactions |
| Avg Days on Market | 355 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 9 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2026 | 0.70 | $4,000 | South Boston |
| Jan 2026 | 0.17 | $6,000 | South Boston |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 33,811 |
| Population (2020) | 34,022 |
| Population Growth | -0.62% |
| Median Household Income | $49,244 |
| Median Home Value | $148,900 |
| Total Housing Units | 17,382 |
| Vacant Housing Units | 3,709 |
| Housing Vacancy Rate | 21.3% |
| Median Age | 46.7 |
| Bachelor's Degree or Higher | 2,920 (8.6%) |
| Unemployment Rate (BLS) | 4.7% |
Market Overview
Halifax County, Virginia has a population of 33,811, which has declined 0.62% since 2020. The median household income is $49,244, below the national median of $74,580 by 34.0%. With a median home value of $148,900 and an unemployment rate of 4.7%, the local economy is struggling. The housing vacancy rate of 21.3% suggests soft market conditions. The county's location in Virginia makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $5,032 per acre, with properties averaging 30.60 acres. There are currently 90 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Halifax County, Virginia?
As of the 2023 American Community Survey, Halifax County has a population of 33,811. The county has declined 0.62% since the 2020 Census.
What is the median household income in Halifax County?
The median household income in Halifax County is $49,244, which is 34.0% below the national median of $74,580.
Is Halifax County growing or shrinking?
Halifax County is shrinking. The population has declined 0.62% since 2020.
What is the housing market like in Halifax County?
The median home value in Halifax County is $148,900. The housing vacancy rate is 21.3%, which suggests soft market conditions. The unemployment rate is 4.7%, indicating a struggling local economy. Recent rural land sales (1+ acres) show a median price of $5,032 per acre. Suburban/urban lots under 1 acre have a median lot price of $8,726.
Does Reelvest buy land in Halifax County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Halifax 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.