Market Snapshot

Report generated March 2026

IndicatorValue
Population31,541
↑ 2.1% since 2020
Median Household Income$86,267
16% above national median
Median Home Value$283,100
Unemployment Rate4.3%
Median Age39.4 years
Housing Vacancy Rate8.0%
Total Land Sales (Past 12 Months)185 transactions
Active Listings44 properties
Avg Days on Market351 days

Rural Land Sales (1+ Acres) (Dec 2025 – Mar 2026)

MetricValue
Median Price/Acre$11,361
Recent Sales134 transactions
Avg Days on Market368 days
Avg Parcel Size39.20 acres
Active Listings34 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Mar 20261.00$55,000$54,945Ruther Glen
Mar 202634.25$238,000$6,949Milford
Feb 20261.30$35,000$26,923Ruther Glen
Feb 2026148.08$610,000$4,119Ruther Glen
Feb 202654.30$408,700$7,527Hanover
Feb 20262.30$55,000$23,923Ruther Glen
Jan 202658.25$310,000$5,322Ruther Glen
Jan 2026843.00$2,825,000$3,351Corbin
Dec 202510.00$100,000$10,000Bowling Green
Dec 20255.00$406,761$81,352Woodford

Suburban/Urban Land Sales (Under 1 Acre) (Nov 2025 – Mar 2026)

MetricValue
Median Lot Price$30,000
Recent Sales51 transactions
Avg Days on Market303 days
Avg Parcel Size0.40 acres
Active Listings10 properties

Recent Suburban/Urban Land Sales

DateAcresPriceLocation
Mar 20260.38$40,000Ruther Glen
Feb 20260.44$27,000Ruther Glen
Jan 20260.83$77,000Woodford
Dec 20250.27$37,000Ruther Glen
Dec 20250.38$58,000Ruther Glen
Dec 20250.35$53,000Ruther Glen
Nov 20250.46$37,500Ruther Glen
Nov 20250.46$37,500Ruther Glen
Nov 20250.61$28,500Bowling Green
Nov 20250.76$53,500Ruther Glen

County Profile

DemographicValue
Total Population (2023)31,541
Population (2020)30,887
Population Growth2.12%
Median Household Income$86,267
Median Home Value$283,100
Total Housing Units12,693
Vacant Housing Units1,013
Housing Vacancy Rate8.0%
Median Age39.4
Bachelor's Degree or Higher2,994 (9.5%)
Unemployment Rate4.3%

Market Overview

Caroline County, Virginia has a population of 31,541, which has grown 2.12% since 2020. The median household income is $86,267, above the national median of $74,580 by 15.7%. The housing vacancy rate of 8.0% suggests balanced market conditions. As part of Virginia, Caroline County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $11,361 per acre, with properties averaging 39.20 acres. There are currently 44 active land listings in the county.

Frequently Asked Questions

What is the current population of Caroline County, Virginia?
As of the 2023 American Community Survey, Caroline County has a population of 31,541. The county has grown 2.12% since the 2020 Census, indicating a growing community.
What is the median household income in Caroline County?
The median household income in Caroline County is $86,267, which is 15.7% above the national median of $74,580.
Is Caroline County growing or shrinking?
Caroline County is growing. The population has increased 2.12% since 2020.
What is the housing market like in Caroline County?
The median home value in Caroline County is $283,100. The housing vacancy rate is 8.0%, which suggests balanced market conditions. The unemployment rate is 4.3%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $11,361 per acre. Suburban/urban lots under 1 acre have a median lot price of $30,000.
Does Reelvest buy land in Caroline County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Caroline 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.