Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 44,630 ↑ 1.0% since 2020 |
| Median Household Income | $64,437 14% below national median |
| Median Home Value | $265,800 |
| Unemployment Rate | 3.9% |
| Median Age | 42.9 years |
| Housing Vacancy Rate | 16.6% |
| Total Land Sales (Past 12 Months) | 198 transactions |
| Active Listings | 64 properties |
| Avg Days on Market | 269 days |
Rural Land Sales (1+ Acres) (Jan 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $15,169 |
| Recent Sales | 100 transactions |
| Avg Days on Market | 243 days |
| Avg Parcel Size | 18.20 acres |
| Active Listings | 43 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 7.72 | $129,900 | $16,826 | New Market |
| Mar 2026 | 7.72 | $129,900 | $16,820 | New Market |
| Mar 2026 | 10.02 | $125,000 | $12,478 | Mount Jackson |
| Feb 2026 | 1.41 | $16,000 | $11,348 | New Market |
| Feb 2026 | 27.12 | $75,000 | $2,765 | Strasburg |
| Feb 2026 | 198.00 | $550,000 | $2,778 | Broadway |
| Jan 2026 | 9.76 | $125,000 | $12,813 | Quicksburg |
| Jan 2026 | 39.33 | $500,000 | $12,713 | Mount Jackson |
| Jan 2026 | 3.94 | $94,000 | $23,834 | Mount Jackson |
| Jan 2026 | 4.67 | $80,000 | $17,131 | Maurertown |
Suburban/Urban Land Sales (Under 1 Acre) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $14,750 |
| Recent Sales | 98 transactions |
| Avg Days on Market | 296 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 21 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.39 | $25,000 | Basye |
| Feb 2026 | 0.64 | $45,000 | Basye |
| Feb 2026 | 0.27 | $8,500 | Basye |
| Feb 2026 | 0.30 | $11,000 | Basye |
| Feb 2026 | 0.60 | $22,000 | Basye |
| Jan 2026 | 0.32 | $17,000 | Mount Jackson |
| Dec 2025 | 0.26 | $12,000 | Basye |
| Dec 2025 | 0.57 | $50,000 | Mount Jackson |
| Dec 2025 | 0.29 | $15,000 | Mount Jackson |
| Dec 2025 | 0.46 | $69,900 | New Market |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 44,630 |
| Population (2020) | 44,186 |
| Population Growth | 1.0% |
| Median Household Income | $64,437 |
| Median Home Value | $265,800 |
| Total Housing Units | 21,319 |
| Vacant Housing Units | 3,537 |
| Housing Vacancy Rate | 16.6% |
| Median Age | 42.9 |
| Bachelor's Degree or Higher | 3,896 (8.7%) |
| Unemployment Rate (BLS) | 3.3% |
Market Overview
Shenandoah County, Virginia has a population of 44,630, which has grown 1.0% since 2020. The median household income is $64,437, below the national median of $74,580 by 13.6%. With a median home value of $265,800 and an unemployment rate of 3.3%, the local economy is moderate. The housing vacancy rate of 16.6% suggests soft market conditions. Shenandoah County remains a key area for land acquisition in Virginia. Recent rural land sales show a median price of $15,169 per acre, with properties averaging 18.20 acres. There are currently 64 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Shenandoah County, Virginia?
As of the 2023 American Community Survey, Shenandoah County has a population of 44,630. The county has grown 1.0% since the 2020 Census, indicating a growing community.
What is the median household income in Shenandoah County?
The median household income in Shenandoah County is $64,437, which is 13.6% below the national median of $74,580.
Is Shenandoah County growing or shrinking?
Shenandoah County is growing. The population has increased 1.0% since 2020.
What is the housing market like in Shenandoah County?
The median home value in Shenandoah County is $265,800. The housing vacancy rate is 16.6%, which suggests soft market conditions. The unemployment rate is 3.3%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $15,169 per acre. Suburban/urban lots under 1 acre have a median lot price of $14,750.
Does Reelvest buy land in Shenandoah County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Shenandoah 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.