Market Snapshot

Report generated March 2026

IndicatorValue
Population31,385
↑ 0.2% since 2020
Median Household Income$67,298
10% below national median
Median Home Value$197,200
Unemployment Rate3.8%
Median Age43.3 years
Housing Vacancy Rate11.2%
Total Land Sales (Past 12 Months)197 transactions
Active Listings64 properties
Avg Days on Market468 days

Rural Land Sales (1+ Acres) (Jan 2026 – Feb 2026)

MetricValue
Median Price/Acre$7,239
Recent Sales173 transactions
Avg Days on Market439 days
Avg Parcel Size27.00 acres
Active Listings60 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Feb 202622.00$200,000$9,091Amherst
Feb 2026123.42$405,000$3,281Amherst
Feb 202655.60$619,500$11,142Amherst
Feb 20262.24$43,000$19,205Madison Heights
Feb 20263.61$47,000$13,023Madison Heights
Feb 202630.00$127,000$4,233Monroe
Feb 202612.25$80,000$6,531Amherst
Jan 202610.16$62,500$6,152Amherst
Jan 202610.16$80,000$7,875Amherst
Jan 20261.36$74,900$55,074Madison Heights

Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Jan 2026)

MetricValue
Median Lot Price$17,500
Recent Sales24 transactions
Avg Days on Market677 days
Avg Parcel Size0.50 acres
Active Listings4 properties

Recent Suburban/Urban Land Sales

DateAcresPriceLocation
Jan 20260.35$66,900Madison Heights
Dec 20250.66$15,000Monroe
Sep 20250.52$30,000Madison Heights

County Profile

DemographicValue
Total Population (2023)31,385
Population (2020)31,307
Population Growth0.25%
Median Household Income$67,298
Median Home Value$197,200
Total Housing Units14,301
Vacant Housing Units1,599
Housing Vacancy Rate11.2%
Median Age43.3
Bachelor's Degree or Higher3,091 (9.8%)
Unemployment Rate3.8%

Market Overview

Amherst County, Virginia has a population of 31,385, which has grown 0.25% since 2020. The median household income is $67,298, below the national median of $74,580 by 9.8%. The housing vacancy rate of 11.2% suggests balanced market conditions. Amherst County remains a key area for land acquisition in Virginia. Recent rural land sales show a median price of $7,239 per acre, with properties averaging 27.00 acres. There are currently 64 active land listings in the county.

Frequently Asked Questions

What is the current population of Amherst County, Virginia?
As of the 2023 American Community Survey, Amherst County has a population of 31,385. The county has grown 0.25% since the 2020 Census, indicating a growing community.
What is the median household income in Amherst County?
The median household income in Amherst County is $67,298, which is 9.8% below the national median of $74,580.
Is Amherst County growing or shrinking?
Amherst County is growing. The population has increased 0.25% since 2020.
What is the housing market like in Amherst County?
The median home value in Amherst County is $197,200. The housing vacancy rate is 11.2%, which suggests balanced market conditions. The unemployment rate is 3.8%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $7,239 per acre. Suburban/urban lots under 1 acre have a median lot price of $17,500.
Does Reelvest buy land in Amherst County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Amherst 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.