Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 21,932 ↑ 0.4% since 2020 |
| Median Household Income | $55,082 26% below national median |
| Median Home Value | $203,700 |
| Unemployment Rate | 2.2% |
| Median Age | 32.4 years |
| Housing Vacancy Rate | 17.6% |
| Total Land Sales (Past 12 Months) | 119 transactions |
| Active Listings | 75 properties |
| Avg Days on Market | 539 days |
Rural Land Sales (1+ Acres) (Nov 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $6,949 |
| Recent Sales | 99 transactions |
| Avg Days on Market | 528 days |
| Avg Parcel Size | 22.00 acres |
| Active Listings | 72 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Jan 2026 | 7.47 | $49,500 | $6,627 | Green Bay |
| Jan 2026 | 1.22 | $20,000 | $16,393 | Pamplin |
| Jan 2026 | 5.08 | $28,000 | $5,512 | Pamplin |
| Jan 2026 | 106.95 | $375,000 | $3,506 | Keysville |
| Jan 2026 | 3.41 | $26,000 | $7,625 | Keysville |
| Jan 2026 | 13.56 | $105,000 | $7,743 | Meherrin |
| Dec 2025 | 25.88 | $85,000 | $3,284 | Green Bay |
| Nov 2025 | 23.16 | $120,700 | $5,212 | Cullen |
| Nov 2025 | 1.84 | $87,900 | $47,772 | Farmville |
| Nov 2025 | 27.20 | $89,900 | $3,305 | Farmville |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $31,000 |
| Recent Sales | 20 transactions |
| Avg Days on Market | 596 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 3 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2025 | 0.19 | $20,500 | Farmville |
| Sep 2024 | 0.38 | $31,000 | Farmville |
| Sep 2024 | 0.26 | $31,000 | Farmville |
| Sep 2024 | 0.24 | $31,000 | Farmville |
| Sep 2024 | 0.39 | $31,000 | Farmville |
| Sep 2024 | 0.37 | $31,000 | Farmville |
| Sep 2024 | 0.47 | $31,000 | Farmville |
| Sep 2024 | 0.38 | $31,000 | Farmville |
| Sep 2024 | 0.35 | $31,000 | Farmville |
| Sep 2024 | 0.33 | $31,000 | Farmville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 21,932 |
| Population (2020) | 21,849 |
| Population Growth | 0.38% |
| Median Household Income | $55,082 |
| Median Home Value | $203,700 |
| Total Housing Units | 9,171 |
| Vacant Housing Units | 1,611 |
| Housing Vacancy Rate | 17.6% |
| Median Age | 32.4 |
| Bachelor's Degree or Higher | 1,808 (8.2%) |
| Unemployment Rate | 2.2% |
Market Overview
Prince Edward County, Virginia has a population of 21,932, which has grown 0.38% since 2020. The median household income is $55,082, below the national median of $74,580 by 26.1%. The housing vacancy rate of 17.6% suggests soft 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 $6,949 per acre, with properties averaging 22.00 acres. There are currently 75 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Prince Edward County, Virginia?
As of the 2023 American Community Survey, Prince Edward County has a population of 21,932. The county has grown 0.38% since the 2020 Census, indicating a growing community.
What is the median household income in Prince Edward County?
The median household income in Prince Edward County is $55,082, which is 26.1% below the national median of $74,580.
Is Prince Edward County growing or shrinking?
Prince Edward County is growing. The population has increased 0.38% since 2020.
What is the housing market like in Prince Edward County?
The median home value in Prince Edward County is $203,700. The housing vacancy rate is 17.6%, which suggests soft market conditions. The unemployment rate is 2.2%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $6,949 per acre. Suburban/urban lots under 1 acre have a median lot price of $31,000.
Does Reelvest buy land in Prince Edward County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Prince Edward 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.