Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 39,444 ↑ 2.2% since 2020 |
| Median Household Income | $96,118 29% above national median |
| Median Home Value | $333,600 |
| Unemployment Rate | 4.5% |
| Median Age | 44.2 years |
| Housing Vacancy Rate | 8.3% |
| Total Land Sales (Past 12 Months) | 48 transactions |
| Active Listings | 31 properties |
| Avg Days on Market | 302 days |
Rural Land Sales (1+ Acres) (Sep 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $18,188 |
| Recent Sales | 36 transactions |
| Avg Days on Market | 325 days |
| Avg Parcel Size | 31.10 acres |
| Active Listings | 22 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 178.84 | $600,000 | $3,355 | Smithfield |
| Nov 2025 | 25.81 | $150,000 | $5,812 | Windsor |
| Sep 2025 | 265.64 | $825,000 | $3,106 | Suffolk |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $54,750 |
| Recent Sales | 12 transactions |
| Avg Days on Market | 232 days |
| Avg Parcel Size | 0.60 acres |
| Active Listings | 9 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Jul 2023 | 0.60 | $405,000 | Carrollton |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 39,444 |
| Population (2020) | 38,606 |
| Population Growth | 2.17% |
| Median Household Income | $96,118 |
| Median Home Value | $333,600 |
| Total Housing Units | 16,827 |
| Vacant Housing Units | 1,401 |
| Housing Vacancy Rate | 8.3% |
| Median Age | 44.2 |
| Bachelor's Degree or Higher | 5,023 (12.7%) |
| Unemployment Rate (BLS) | 3.3% |
Market Overview
Isle of Wight County, Virginia has a population of 39,444, which has grown 2.17% since 2020. The median household income is $96,118, above the national median of $74,580 by 28.9%. With a median home value of $333,600 and an unemployment rate of 3.3%, the local economy is strong. The housing vacancy rate of 8.3% suggests balanced market conditions. Isle of Wight County is part of Virginia's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $18,188 per acre, with properties averaging 31.10 acres. There are currently 31 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Isle of Wight County, Virginia?
As of the 2023 American Community Survey, Isle of Wight County has a population of 39,444. The county has grown 2.17% since the 2020 Census, indicating a growing community.
What is the median household income in Isle of Wight County?
The median household income in Isle of Wight County is $96,118, which is 28.9% above the national median of $74,580.
Is Isle of Wight County growing or shrinking?
Isle of Wight County is growing. The population has increased 2.17% since 2020.
What is the housing market like in Isle of Wight County?
The median home value in Isle of Wight County is $333,600. The housing vacancy rate is 8.3%, which suggests balanced market conditions. The unemployment rate is 3.3%, indicating a strong local economy. Recent rural land sales (1+ acres) show a median price of $18,188 per acre. Suburban/urban lots under 1 acre have a median lot price of $54,750.
Does Reelvest buy land in Isle of Wight County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Isle of Wight 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.