Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 10,905 ↓ 0.9% since 2020 |
| Median Household Income | $41,750 44% below national median |
| Median Home Value | $107,000 |
| Unemployment Rate | 11.1% |
| Median Age | 49.3 years |
| Housing Vacancy Rate | 20.1% |
| Total Land Sales (Past 12 Months) | 196 transactions |
| Active Listings | 164 properties |
| Avg Days on Market | 235 days |
Rural Land Sales (1+ Acres) (Jan 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $17,500 |
| Recent Sales | 138 transactions |
| Avg Days on Market | 239 days |
| Avg Parcel Size | 17.30 acres |
| Active Listings | 91 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 82.10 | $550,000 | $6,699 | Glade Spring |
| Feb 2026 | 5.46 | $95,000 | $17,399 | Abingdon |
| Feb 2026 | 5.45 | $95,000 | $17,415 | Abingdon |
| Feb 2026 | 9.08 | $18,000 | $1,982 | Abingdon |
| Feb 2026 | 51.00 | $215,000 | $4,216 | Abingdon |
| Feb 2026 | 2.29 | $15,000 | $6,550 | Chilhowie |
| Jan 2026 | 47.01 | $26,944 | $573 | Bristol |
| Jan 2026 | 100.19 | $209,000 | $2,086 | Glade Spring |
| Jan 2026 | 6.67 | $43,000 | $6,451 | Glade Spring |
| Jan 2026 | 6.67 | $43,000 | $6,447 | Glade Spring |
Suburban/Urban Land Sales (Under 1 Acre) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $39,250 |
| Recent Sales | 58 transactions |
| Avg Days on Market | 224 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 73 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.70 | $109,000 | Bristol |
| Mar 2026 | 0.74 | $109,000 | Bristol |
| Mar 2026 | 0.70 | $109,000 | Bristol |
| Mar 2026 | 0.74 | $109,000 | Bristol |
| Mar 2026 | 0.55 | $39,500 | Bristol |
| Feb 2026 | 0.57 | $3,500 | Abingdon |
| Jan 2026 | 0.76 | $57,000 | Abingdon |
| Jan 2026 | 0.60 | $68,000 | Abingdon |
| Jan 2026 | 0.63 | $68,000 | Abingdon |
| Dec 2025 | 0.44 | $244,900 | Abingdon |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 53,913 |
| Population (2020) | 53,935 |
| Population Growth | -0.04% |
| Median Household Income | $62,774 |
| Median Home Value | $201,800 |
| Total Housing Units | 25,505 |
| Vacant Housing Units | 3,387 |
| Housing Vacancy Rate | 13.3% |
| Median Age | 46.9 |
| Bachelor's Degree or Higher | 7,008 (13.0%) |
| Unemployment Rate (BLS) | 3.6% |
Market Overview
Washington County, Virginia has a population of 53,913, which has declined 0.04% since 2020. The median household income is $62,774, below the national median of $74,580 by 15.8%. With a median home value of $201,800 and an unemployment rate of 3.6%, the local economy is moderate. The housing vacancy rate of 13.3% suggests soft market conditions. Washington County remains a key area for land acquisition in Virginia. Recent rural land sales show a median price of $17,500 per acre, with properties averaging 17.30 acres. There are currently 164 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Washington County, Virginia?
As of the 2023 American Community Survey, Washington County has a population of 53,913. The county has declined 0.04% since the 2020 Census.
What is the median household income in Washington County?
The median household income in Washington County is $62,774, which is 15.8% below the national median of $74,580.
Is Washington County growing or shrinking?
Washington County is shrinking. The population has declined 0.04% since 2020.
What is the housing market like in Washington County?
The median home value in Washington County is $201,800. The housing vacancy rate is 13.3%, which suggests soft market conditions. The unemployment rate is 3.6%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $17,500 per acre. Suburban/urban lots under 1 acre have a median lot price of $39,250.
Does Reelvest buy land in Washington County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Washington 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.