Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 17,212 ↓ 1.5% since 2020 |
| Median Household Income | $47,935 36% below national median |
| Median Home Value | $102,200 |
| Unemployment Rate | 6.5% |
| Median Age | 51.6 years |
| Housing Vacancy Rate | 28.5% |
| Total Land Sales (Past 12 Months) | 199 transactions |
| Active Listings | 166 properties |
| Avg Days on Market | 335 days |
Rural Land Sales (1+ Acres) (Oct 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $31,521 |
| Recent Sales | 72 transactions |
| Avg Days on Market | 317 days |
| Avg Parcel Size | 16.70 acres |
| Active Listings | 58 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Jan 2026 | 2.51 | $320,000 | $127,490 | Machipongo |
| Jan 2026 | 4.84 | $350,000 | $72,314 | Machipongo |
| Jan 2026 | 1.27 | $60,000 | $47,244 | Franktown |
| Dec 2025 | 10.00 | $42,000 | $4,200 | Exmore |
| Dec 2025 | 2.84 | $157,500 | $55,458 | Cape Charles |
| Dec 2025 | 5.04 | $43,000 | $8,532 | Franktown |
| Dec 2025 | 3.13 | $70,000 | $22,350 | Machipongo |
| Nov 2025 | 5.70 | $180,000 | $31,579 | Cape Charles |
| Nov 2025 | 2.90 | $269,999 | $93,103 | Machipongo |
| Oct 2025 | 1.08 | $450,000 | $416,667 | Cape Charles |
Suburban/Urban Land Sales (Under 1 Acre) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $140,000 |
| Recent Sales | 127 transactions |
| Avg Days on Market | 346 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 108 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.97 | $265,000 | Cape Charles |
| Feb 2026 | 0.66 | $38,650 | Cape Charles |
| Feb 2026 | 0.37 | $70,000 | Cape Charles |
| Jan 2026 | 0.50 | $235,000 | Cape Charles |
| Jan 2026 | 0.51 | $73,500 | Cape Charles |
| Jan 2026 | 0.50 | $13,000 | Cape Charles |
| Dec 2025 | 0.65 | $87,000 | Cape Charles |
| Dec 2025 | 0.26 | $58,000 | Cape Charles |
| Dec 2025 | 0.64 | $76,500 | Cape Charles |
| Dec 2025 | 0.21 | $71,000 | Cape Charles |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 12,115 |
| Population (2020) | 12,282 |
| Population Growth | -1.36% |
| Median Household Income | $55,933 |
| Median Home Value | $279,100 |
| Total Housing Units | 7,456 |
| Vacant Housing Units | 2,118 |
| Housing Vacancy Rate | 28.4% |
| Median Age | 51.6 |
| Bachelor's Degree or Higher | 1,751 (14.5%) |
| Unemployment Rate | 6.5% |
Market Overview
Northampton County, Virginia has a population of 12,115, which has declined 1.36% since 2020. The median household income is $55,933, below the national median of $74,580 by 25.0%. The housing vacancy rate of 28.4% suggests soft market conditions. Northampton County remains a key area for land acquisition in Virginia. Recent rural land sales show a median price of $31,521 per acre, with properties averaging 16.70 acres. There are currently 166 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Northampton County, Virginia?
As of the 2023 American Community Survey, Northampton County has a population of 12,115. The county has declined 1.36% since the 2020 Census.
What is the median household income in Northampton County?
The median household income in Northampton County is $55,933, which is 25.0% below the national median of $74,580.
Is Northampton County growing or shrinking?
Northampton County is shrinking. The population has declined 1.36% since 2020.
What is the housing market like in Northampton County?
The median home value in Northampton County is $279,100. The housing vacancy rate is 28.4%, which suggests soft market conditions. The unemployment rate is 6.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $31,521 per acre. Suburban/urban lots under 1 acre have a median lot price of $140,000.
Does Reelvest buy land in Northampton County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Northampton 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.