Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 11,990 ↑ 0.5% since 2020 |
| Median Household Income | $54,460 27% below national median |
| Median Home Value | $145,500 |
| Unemployment Rate | 3.6% |
| Median Age | 44.8 years |
| Housing Vacancy Rate | 20.9% |
| Total Land Sales (Past 12 Months) | 103 transactions |
| Active Listings | 28 properties |
| Avg Days on Market | 460 days |
Rural Land Sales (1+ Acres) (Jan 2026 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $4,053 |
| Recent Sales | 100 transactions |
| Avg Days on Market | 454 days |
| Avg Parcel Size | 30.90 acres |
| Active Listings | 27 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 20.50 | $76,000 | $3,707 | Victoria |
| Feb 2026 | 1.74 | $27,000 | $15,517 | Victoria |
| Feb 2026 | 10.96 | $65,000 | $5,933 | South Hill |
| Feb 2026 | 14.00 | $79,500 | $5,679 | Kenbridge |
| Feb 2026 | 1.07 | $21,500 | $20,093 | Kenbridge |
| Jan 2026 | 11.06 | $86,900 | $7,857 | Meherrin |
| Jan 2026 | 22.83 | $82,500 | $3,614 | Victoria |
| Jan 2026 | 38.13 | $110,000 | $2,885 | Meherrin |
| Jan 2026 | 13.96 | $98,000 | $7,020 | Keysville |
| Jan 2026 | 1.30 | $9,000 | $6,923 | Chase City |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Oct 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $7,000 |
| Recent Sales | 3 transactions |
| Avg Days on Market | 680 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 1 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Oct 2025 | 0.50 | $7,000 | Victoria |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 11,990 |
| Population (2020) | 11,936 |
| Population Growth | 0.45% |
| Median Household Income | $54,460 |
| Median Home Value | $145,500 |
| Total Housing Units | 5,903 |
| Vacant Housing Units | 1,234 |
| Housing Vacancy Rate | 20.9% |
| Median Age | 44.8 |
| Bachelor's Degree or Higher | 667 (5.6%) |
| Unemployment Rate | 3.6% |
Market Overview
Lunenburg County, Virginia has a population of 11,990, which has grown 0.45% since 2020. The median household income is $54,460, below the national median of $74,580 by 27.0%. The housing vacancy rate of 20.9% suggests soft market conditions. As part of Virginia, Lunenburg County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $4,053 per acre, with properties averaging 30.90 acres. There are currently 28 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Lunenburg County, Virginia?
As of the 2023 American Community Survey, Lunenburg County has a population of 11,990. The county has grown 0.45% since the 2020 Census, indicating a growing community.
What is the median household income in Lunenburg County?
The median household income in Lunenburg County is $54,460, which is 27.0% below the national median of $74,580.
Is Lunenburg County growing or shrinking?
Lunenburg County is growing. The population has increased 0.45% since 2020.
What is the housing market like in Lunenburg County?
The median home value in Lunenburg County is $145,500. The housing vacancy rate is 20.9%, which suggests soft market conditions. The unemployment rate is 3.6%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $4,053 per acre. Suburban/urban lots under 1 acre have a median lot price of $7,000.
Does Reelvest buy land in Lunenburg County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Lunenburg 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.