Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 42,873 ↓ 0.3% since 2020 |
| Median Household Income | $88,225 18% above national median |
| Median Home Value | $268,300 |
| Unemployment Rate | 4.4% |
| Median Age | 33.4 years |
| Housing Vacancy Rate | 5.4% |
| Total Land Sales (Past 12 Months) | 64 transactions |
| Active Listings | 12 properties |
| Avg Days on Market | 556 days |
Rural Land Sales (1+ Acres) (Nov 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $8,669 |
| Recent Sales | 59 transactions |
| Avg Days on Market | 567 days |
| Avg Parcel Size | 30.70 acres |
| Active Listings | 11 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 92.83 | $725,000 | $7,810 | Disputanta |
| Feb 2026 | 26.74 | $185,000 | $6,918 | Disputanta |
| Feb 2026 | 8.44 | $177,000 | $20,974 | Petersburg |
| Feb 2026 | 1.00 | $63,000 | $63,000 | Prince George |
| Jan 2026 | 8.14 | $85,000 | $10,446 | Prince George |
| Jan 2026 | 284.00 | $425,000 | $1,496 | Disputanta |
| Dec 2025 | 31.22 | $27,300 | $874 | Disputanta |
| Dec 2025 | 2.02 | $50,000 | $24,728 | Disputanta |
| Dec 2025 | 11.10 | $80,000 | $7,207 | Hopewell |
| Nov 2025 | 25.00 | $175,000 | $7,000 | Prince George |
Suburban/Urban Land Sales (Under 1 Acre) (Dec 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $25,000 |
| Recent Sales | 5 transactions |
| Avg Days on Market | 426 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 1 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Jan 2026 | 0.71 | $50,000 | Disputanta |
| Dec 2025 | 0.37 | $25,000 | Disputanta |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 42,873 |
| Population (2020) | 43,010 |
| Population Growth | -0.32% |
| Median Household Income | $88,225 |
| Median Home Value | $268,300 |
| Total Housing Units | 13,444 |
| Vacant Housing Units | 726 |
| Housing Vacancy Rate | 5.4% |
| Median Age | 33.4 |
| Bachelor's Degree or Higher | 4,202 (9.8%) |
| Unemployment Rate | 4.4% |
Market Overview
Prince George County, Virginia has a population of 42,873, which has declined 0.32% since 2020. The median household income is $88,225, above the national median of $74,580 by 18.3%. The housing vacancy rate of 5.4% suggests tight 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 $8,669 per acre, with properties averaging 30.70 acres. There are currently 12 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Prince George County, Virginia?
As of the 2023 American Community Survey, Prince George County has a population of 42,873. The county has declined 0.32% since the 2020 Census.
What is the median household income in Prince George County?
The median household income in Prince George County is $88,225, which is 18.3% above the national median of $74,580.
Is Prince George County growing or shrinking?
Prince George County is shrinking. The population has declined 0.32% since 2020.
What is the housing market like in Prince George County?
The median home value in Prince George County is $268,300. The housing vacancy rate is 5.4%, which suggests tight market conditions. The unemployment rate is 4.4%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $8,669 per acre. Suburban/urban lots under 1 acre have a median lot price of $25,000.
Does Reelvest buy land in Prince George County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Prince George 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.