Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 27,981 ↓ 0.5% since 2020 |
| Median Household Income | $64,648 13% below national median |
| Median Home Value | $325,900 |
| Unemployment Rate | 5.8% |
| Median Age | 36.7 years |
| Housing Vacancy Rate | 9.7% |
| Total Land Sales (Past 12 Months) | 25 transactions |
| Active Listings | 7 properties |
| Avg Days on Market | 553 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Oct 2025)
| Metric | Value |
|---|---|
| Median Price/Acre | $192,204 |
| Recent Sales | 6 transactions |
| Avg Days on Market | 620 days |
| Avg Parcel Size | 5.70 acres |
| Active Listings | 2 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Oct 2025 | 1.33 | $295,000 | $221,805 | Winchester |
| Mar 2025 | 3.69 | $600,000 | $162,602 | Winchester |
Suburban/Urban Land Sales (Under 1 Acre) (Jan 2026 – Jan 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $110,000 |
| Recent Sales | 19 transactions |
| Avg Days on Market | 532 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 5 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Jan 2026 | 0.16 | $130,000 | Winchester |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 27,981 |
| Population (2020) | 28,120 |
| Population Growth | -0.49% |
| Median Household Income | $64,648 |
| Median Home Value | $325,900 |
| Total Housing Units | 12,468 |
| Vacant Housing Units | 1,213 |
| Housing Vacancy Rate | 9.7% |
| Median Age | 36.7 |
| Bachelor's Degree or Higher | 3,344 (12.0%) |
| Unemployment Rate (BLS) | 3.1% |
Market Overview
Winchester city, Virginia has a population of 27,981, which has declined 0.49% since 2020. The median household income is $64,648, below the national median of $74,580 by 13.3%. With a median home value of $325,900 and an unemployment rate of 3.1%, the local economy is moderate. The housing vacancy rate of 9.7% suggests balanced market conditions. Winchester city remains a key area for land acquisition in Virginia. Recent rural land sales show a median price of $192,204 per acre, with properties averaging 5.70 acres. There are currently 7 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Winchester city, Virginia?
As of the 2023 American Community Survey, Winchester city has a population of 27,981. The county has declined 0.49% since the 2020 Census.
What is the median household income in Winchester city?
The median household income in Winchester city is $64,648, which is 13.3% below the national median of $74,580.
Is Winchester city growing or shrinking?
Winchester city is shrinking. The population has declined 0.49% since 2020.
What is the housing market like in Winchester city?
The median home value in Winchester city is $325,900. The housing vacancy rate is 9.7%, which suggests balanced market conditions. The unemployment rate is 3.1%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $192,204 per acre. Suburban/urban lots under 1 acre have a median lot price of $110,000.
Does Reelvest buy land in Winchester city, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Winchester 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.