Market Snapshot

Report generated March 2026

IndicatorValue
Population22,574
↑ 1.7% since 2020
Median Household Income$56,364
24% below national median
Median Home Value$236,600
Unemployment Rate3.8%
Median Age38.9 years
Housing Vacancy Rate7.5%
Total Land Sales (Past 12 Months)44 transactions
Active Listings15 properties
Avg Days on Market614 days

Rural Land Sales (1+ Acres) (Jul 2025 – Jan 2026)

MetricValue
Median Price/Acre$26,639
Recent Sales19 transactions
Avg Days on Market635 days
Avg Parcel Size13.40 acres
Active Listings10 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Jan 20261.53$277,000$181,046Waynesboro
Jul 20255.47$74,000$13,528Waynesboro

Suburban/Urban Land Sales (Under 1 Acre)

MetricValue
Median Lot Price$70,000
Recent Sales25 transactions
Avg Days on Market598 days
Avg Parcel Size0.40 acres
Active Listings5 properties

Recent Suburban/Urban Land Sales

DateAcresPriceLocation
Aug 20250.95$194,489Waynesboro
Jul 20250.47$91,000Waynesboro
Jul 20250.33$75,000Waynesboro
Jun 20250.24$70,000Waynesboro
Jun 20250.28$70,000Waynesboro
Jun 20250.22$75,000Waynesboro
Mar 20250.14$25,000Waynesboro
Feb 20250.27$80,000Waynesboro
Dec 20240.06$10,000Waynesboro
Dec 20240.86$356,000Waynesboro

County Profile

DemographicValue
Total Population (2023)22,574
Population (2020)22,196
Population Growth1.7%
Median Household Income$56,364
Median Home Value$236,600
Total Housing Units10,395
Vacant Housing Units775
Housing Vacancy Rate7.5%
Median Age38.9
Bachelor's Degree or Higher2,495 (11.1%)
Unemployment Rate (BLS)2.9%

Market Overview

Waynesboro city, Virginia has a population of 22,574, which has grown 1.7% since 2020. The median household income is $56,364, below the national median of $74,580 by 24.4%. With a median home value of $236,600 and an unemployment rate of 2.9%, the local economy is moderate. The housing vacancy rate of 7.5% suggests balanced market conditions. Waynesboro city is part of Virginia's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $26,639 per acre, with properties averaging 13.40 acres. There are currently 15 active land listings in the county.

Frequently Asked Questions

What is the current population of Waynesboro city, Virginia?
As of the 2023 American Community Survey, Waynesboro city has a population of 22,574. The county has grown 1.7% since the 2020 Census, indicating a growing community.
What is the median household income in Waynesboro city?
The median household income in Waynesboro city is $56,364, which is 24.4% below the national median of $74,580.
Is Waynesboro city growing or shrinking?
Waynesboro city is growing. The population has increased 1.7% since 2020.
What is the housing market like in Waynesboro city?
The median home value in Waynesboro city is $236,600. The housing vacancy rate is 7.5%, which suggests balanced market conditions. The unemployment rate is 2.9%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $26,639 per acre. Suburban/urban lots under 1 acre have a median lot price of $70,000.
Does Reelvest buy land in Waynesboro city, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Waynesboro 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.