Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 334,434 ↑ 0.0% since 2020 |
| Median Household Income | $86,397 16% above national median |
| Median Home Value | $333,600 |
| Unemployment Rate | 3.9% |
| Median Age | 39.4 years |
| Housing Vacancy Rate | 5.2% |
| Total Land Sales (Past 12 Months) | 190 transactions |
| Active Listings | 42 properties |
| Avg Days on Market | 492 days |
Rural Land Sales (1+ Acres) (Nov 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $25,500 |
| Recent Sales | 121 transactions |
| Avg Days on Market | 491 days |
| Avg Parcel Size | 17.80 acres |
| Active Listings | 18 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 6.00 | $285,000 | $47,500 | Sandston |
| Feb 2026 | 4.16 | $229,000 | $55,048 | Glen Allen |
| Jan 2026 | 2.00 | $30,000 | $15,000 | Richmond |
| Dec 2025 | 1.02 | $275,000 | $269,608 | Henrico |
| Dec 2025 | 32.78 | $1,745,194 | $53,243 | Glen Allen |
| Dec 2025 | 4.10 | $180,000 | $43,892 | Richmond |
| Dec 2025 | 3.11 | $120,000 | $38,585 | Henrico |
| Dec 2025 | 3.11 | $120,000 | $38,585 | Henrico |
| Nov 2025 | 1.27 | $65,000 | $50,980 | Sandston |
| Nov 2025 | 1.04 | $28,000 | $26,923 | Henrico |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $50,000 |
| Recent Sales | 69 transactions |
| Avg Days on Market | 493 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 24 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2026 | 0.12 | $34,000 | Glen Allen |
| Feb 2026 | 0.10 | $23,700 | Henrico |
| Jan 2026 | 0.57 | $36,000 | Sandston |
| Dec 2025 | 0.50 | $253,000 | Henrico |
| Nov 2025 | 0.67 | $35,000 | Richmond |
| Nov 2025 | 0.80 | $160,000 | Henrico |
| Nov 2025 | 0.98 | $55,000 | Richmond |
| Sep 2025 | 0.98 | $55,000 | Richmond |
| Sep 2025 | 0.45 | $150,000 | Glen Allen |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 334,434 |
| Population (2020) | 334,389 |
| Population Growth | 0.01% |
| Median Household Income | $86,397 |
| Median Home Value | $333,600 |
| Total Housing Units | 142,964 |
| Vacant Housing Units | 7,365 |
| Housing Vacancy Rate | 5.2% |
| Median Age | 39.4 |
| Bachelor's Degree or Higher | 61,964 (18.5%) |
| Unemployment Rate (BLS) | 3.3% |
Market Overview
Henrico County, Virginia has a population of 334,434, which has grown 0.01% since 2020. The median household income is $86,397, above the national median of $74,580 by 15.8%. With a median home value of $333,600 and an unemployment rate of 3.3%, the local economy is strong. The housing vacancy rate of 5.2% suggests tight 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 $25,500 per acre, with properties averaging 17.80 acres. There are currently 42 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Henrico County, Virginia?
As of the 2023 American Community Survey, Henrico County has a population of 334,434. The county has grown 0.01% since the 2020 Census, indicating a growing community.
What is the median household income in Henrico County?
The median household income in Henrico County is $86,397, which is 15.8% above the national median of $74,580.
Is Henrico County growing or shrinking?
Henrico County is growing. The population has increased 0.01% since 2020.
What is the housing market like in Henrico County?
The median home value in Henrico County is $333,600. The housing vacancy rate is 5.2%, which suggests tight market conditions. The unemployment rate is 3.3%, indicating a strong local economy. Recent rural land sales (1+ acres) show a median price of $25,500 per acre. Suburban/urban lots under 1 acre have a median lot price of $50,000.
Does Reelvest buy land in Henrico County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Henrico 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.