Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 28,219 ↓ 0.2% since 2020 |
| Median Household Income | $55,359 26% below national median |
| Median Home Value | $172,100 |
| Unemployment Rate | 3.9% |
| Median Age | 45.9 years |
| Housing Vacancy Rate | 11.6% |
| Total Land Sales (Past 12 Months) | 170 transactions |
| Active Listings | 79 properties |
| Avg Days on Market | 578 days |
Rural Land Sales (1+ Acres) (Nov 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $7,444 |
| Recent Sales | 135 transactions |
| Avg Days on Market | 585 days |
| Avg Parcel Size | 24.70 acres |
| Active Listings | 57 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 5.48 | $50,000 | $9,127 | Ivanhoe |
| Jan 2026 | 4.43 | $29,000 | $6,540 | Ivanhoe |
| Jan 2026 | 74.00 | $450,000 | $6,081 | Rural Retreat |
| Jan 2026 | 1.06 | $14,000 | $13,208 | Ivanhoe |
| Jan 2026 | 1.49 | $33,000 | $22,148 | Max Meadows |
| Jan 2026 | 38.40 | $190,000 | $4,948 | Wytheville |
| Dec 2025 | 1.60 | $47,500 | $29,688 | Rural Retreat |
| Dec 2025 | 6.11 | $100,000 | $16,367 | Wytheville |
| Dec 2025 | 136.50 | $365,000 | $2,674 | Wytheville |
| Nov 2025 | 5.19 | $505,000 | $97,303 | Draper |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Oct 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $20,000 |
| Recent Sales | 35 transactions |
| Avg Days on Market | 552 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 22 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Oct 2025 | 0.50 | $18,500 | Rural Retreat |
| Oct 2025 | 0.48 | $35,000 | Max Meadows |
| Oct 2025 | 0.13 | $11,000 | Wytheville |
| Oct 2025 | 0.30 | $25,000 | Wytheville |
| Sep 2025 | 0.56 | $42,000 | Wytheville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 28,219 |
| Population (2020) | 28,290 |
| Population Growth | -0.25% |
| Median Household Income | $55,359 |
| Median Home Value | $172,100 |
| Total Housing Units | 14,016 |
| Vacant Housing Units | 1,620 |
| Housing Vacancy Rate | 11.6% |
| Median Age | 45.9 |
| Bachelor's Degree or Higher | 2,317 (8.2%) |
| Unemployment Rate (BLS) | 3.4% |
Market Overview
Wythe County, Virginia has a population of 28,219, which has declined 0.25% since 2020. The median household income is $55,359, below the national median of $74,580 by 25.8%. With a median home value of $172,100 and an unemployment rate of 3.4%, the local economy is struggling. The housing vacancy rate of 11.6% suggests balanced market conditions. The county's location in Virginia makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $7,444 per acre, with properties averaging 24.70 acres. There are currently 79 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Wythe County, Virginia?
As of the 2023 American Community Survey, Wythe County has a population of 28,219. The county has declined 0.25% since the 2020 Census.
What is the median household income in Wythe County?
The median household income in Wythe County is $55,359, which is 25.8% below the national median of $74,580.
Is Wythe County growing or shrinking?
Wythe County is shrinking. The population has declined 0.25% since 2020.
What is the housing market like in Wythe County?
The median home value in Wythe County is $172,100. The housing vacancy rate is 11.6%, which suggests balanced market conditions. The unemployment rate is 3.4%, indicating a struggling local economy. Recent rural land sales (1+ acres) show a median price of $7,444 per acre. Suburban/urban lots under 1 acre have a median lot price of $20,000.
Does Reelvest buy land in Wythe County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Wythe 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.