Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 16,505 ↑ 2.7% since 2020 |
| Median Household Income | $52,791 29% below national median |
| Median Home Value | $211,700 |
| Unemployment Rate | 7.5% |
| Median Age | 23.0 years |
| Housing Vacancy Rate | 14.8% |
| Total Land Sales (Past 12 Months) | 22 transactions |
| Active Listings | 5 properties |
| Avg Days on Market | 572 days |
Rural Land Sales (1+ Acres) (Oct 2025 – Oct 2025)
| Metric | Value |
|---|---|
| Median Price/Acre | $25,151 |
| Recent Sales | 7 transactions |
| Avg Days on Market | 673 days |
| Avg Parcel Size | 17.80 acres |
| Active Listings | 2 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Oct 2025 | 39.40 | $170,000 | $4,315 | Radford |
Suburban/Urban Land Sales (Under 1 Acre) (Dec 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $37,000 |
| Recent Sales | 15 transactions |
| Avg Days on Market | 525 days |
| Avg Parcel Size | 0.30 acres |
| Active Listings | 3 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2026 | 0.54 | $50,000 | Radford |
| Dec 2025 | 0.25 | $45,000 | Radford |
| Dec 2025 | 0.98 | $45,000 | Radford |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 16,505 |
| Population (2020) | 16,070 |
| Population Growth | 2.71% |
| Median Household Income | $52,791 |
| Median Home Value | $211,700 |
| Total Housing Units | 6,457 |
| Vacant Housing Units | 957 |
| Housing Vacancy Rate | 14.8% |
| Median Age | 23.0 |
| Bachelor's Degree or Higher | 1,425 (8.6%) |
| Unemployment Rate | 7.5% |
Market Overview
Radford city, Virginia has a population of 16,505, which has grown 2.71% since 2020. The median household income is $52,791, below the national median of $74,580 by 29.2%. The housing vacancy rate of 14.8% suggests soft market conditions. As part of Virginia, Radford city benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $25,151 per acre, with properties averaging 17.80 acres. There are currently 5 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Radford city, Virginia?
As of the 2023 American Community Survey, Radford city has a population of 16,505. The county has grown 2.71% since the 2020 Census, indicating a growing community.
What is the median household income in Radford city?
The median household income in Radford city is $52,791, which is 29.2% below the national median of $74,580.
Is Radford city growing or shrinking?
Radford city is growing. The population has increased 2.71% since 2020.
What is the housing market like in Radford city?
The median home value in Radford city is $211,700. The housing vacancy rate is 14.8%, which suggests soft market conditions. The unemployment rate is 7.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $25,151 per acre. Suburban/urban lots under 1 acre have a median lot price of $37,000.
Does Reelvest buy land in Radford city, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Radford city. 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.