Market Snapshot

Report generated March 2026

IndicatorValue
Population96,793
↓ 0.1% since 2020
Median Household Income$82,931
11% above national median
Median Home Value$267,300
Unemployment Rate2.9%
Median Age43.7 years
Housing Vacancy Rate7.1%
Total Land Sales (Past 12 Months)196 transactions
Active Listings100 properties
Avg Days on Market303 days

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

MetricValue
Median Price/Acre$24,268
Recent Sales135 transactions
Avg Days on Market296 days
Avg Parcel Size10.00 acres
Active Listings73 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Mar 20261.00$32,000$32,000Salem
Feb 20262.03$100,000$49,261Roanoke
Feb 20266.02$80,000$13,289Roanoke
Dec 20253.50$42,000$12,000Salem
Dec 20251.00$94,855$94,855Roanoke
Dec 202559.34$405,000$6,825Roanoke
Dec 20251.00$46,500$46,500Roanoke
Dec 2025102.00$1,700,000$16,667Salem
Dec 20251.00$46,500$46,500Roanoke
Nov 20255.05$677,500$134,158Roanoke

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

MetricValue
Median Lot Price$35,000
Recent Sales61 transactions
Avg Days on Market318 days
Avg Parcel Size0.50 acres
Active Listings27 properties

Recent Suburban/Urban Land Sales

DateAcresPriceLocation
Jan 20260.75$150,000Roanoke
Jan 20260.75$150,000Roanoke
Dec 20250.71$150,000Roanoke
Dec 20250.83$120,500Roanoke
Dec 20250.31$3,937Roanoke
Dec 20250.15$515,954Roanoke
Nov 20250.30$40,000Vinton
Nov 20250.39$11,000Salem
Nov 20250.30$40,000Vinton
Nov 20250.40$16,000Salem

County Profile

DemographicValue
Total Population (2023)96,793
Population (2020)96,929
Population Growth-0.14%
Median Household Income$82,931
Median Home Value$267,300
Total Housing Units42,251
Vacant Housing Units3,020
Housing Vacancy Rate7.1%
Median Age43.7
Bachelor's Degree or Higher17,049 (17.6%)
Unemployment Rate2.9%

Market Overview

Roanoke County, Virginia has a population of 96,793, which has declined 0.14% since 2020. The median household income is $82,931, above the national median of $74,580 by 11.2%. The housing vacancy rate of 7.1% suggests balanced market conditions. Roanoke 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 $24,268 per acre, with properties averaging 10.00 acres. There are currently 100 active land listings in the county.

Frequently Asked Questions

What is the current population of Roanoke County, Virginia?
As of the 2023 American Community Survey, Roanoke County has a population of 96,793. The county has declined 0.14% since the 2020 Census.
What is the median household income in Roanoke County?
The median household income in Roanoke County is $82,931, which is 11.2% above the national median of $74,580.
Is Roanoke County growing or shrinking?
Roanoke County is shrinking. The population has declined 0.14% since 2020.
What is the housing market like in Roanoke County?
The median home value in Roanoke County is $267,300. The housing vacancy rate is 7.1%, which suggests balanced market conditions. The unemployment rate is 2.9%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $24,268 per acre. Suburban/urban lots under 1 acre have a median lot price of $35,000.
Does Reelvest buy land in Roanoke County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Roanoke 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.