Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 39,933 ↓ 1.2% since 2020 |
| Median Household Income | $45,788 39% below national median |
| Median Home Value | $116,100 |
| Unemployment Rate | 4.8% |
| Median Age | 45.0 years |
| Housing Vacancy Rate | 19.5% |
| Total Land Sales (Past 12 Months) | 114 transactions |
| Active Listings | 60 properties |
| Avg Days on Market | 536 days |
Rural Land Sales (1+ Acres) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $2,838 |
| Recent Sales | 95 transactions |
| Avg Days on Market | 546 days |
| Avg Parcel Size | 57.00 acres |
| Active Listings | 35 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 11.75 | $68,500 | $5,830 | Pounding Mill |
| Feb 2026 | 59.42 | $232,500 | $3,913 | Tazewell |
| Feb 2026 | 59.42 | $232,500 | $3,913 | Tazewell |
| Jan 2026 | 2.03 | $57,000 | $28,079 | Cedar Bluff |
| Dec 2025 | 19.64 | $50,000 | $2,546 | Pounding Mill |
| Dec 2025 | 38.17 | $80,000 | $2,096 | Bastian |
| Dec 2025 | 5.00 | $9,800 | $1,960 | Bluefield |
| Dec 2025 | 1.21 | $95,000 | $78,512 | Cedar Bluff |
| Dec 2025 | 2.50 | $69,000 | $27,600 | Pocahontas |
| Dec 2025 | 1.18 | $20,000 | $16,949 | Bandy |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $20,000 |
| Recent Sales | 19 transactions |
| Avg Days on Market | 487 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 25 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2026 | 0.25 | $50,000 | Tazewell |
| Dec 2025 | 0.05 | $21,000 | Richlands |
| Oct 2025 | 0.48 | $27,000 | Cedar Bluff |
| Oct 2025 | 0.48 | $6,000 | Richlands |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 39,933 |
| Population (2020) | 40,429 |
| Population Growth | -1.23% |
| Median Household Income | $45,788 |
| Median Home Value | $116,100 |
| Total Housing Units | 19,804 |
| Vacant Housing Units | 3,853 |
| Housing Vacancy Rate | 19.5% |
| Median Age | 45.0 |
| Bachelor's Degree or Higher | 3,020 (7.6%) |
| Unemployment Rate (BLS) | 5.0% |
Market Overview
Tazewell County, Virginia has a population of 39,933, which has declined 1.23% since 2020. The median household income is $45,788, below the national median of $74,580 by 38.6%. With a median home value of $116,100 and an unemployment rate of 5.0%, the local economy is struggling. The housing vacancy rate of 19.5% 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 $2,838 per acre, with properties averaging 57.00 acres. There are currently 60 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Tazewell County, Virginia?
As of the 2023 American Community Survey, Tazewell County has a population of 39,933. The county has declined 1.23% since the 2020 Census.
What is the median household income in Tazewell County?
The median household income in Tazewell County is $45,788, which is 38.6% below the national median of $74,580.
Is Tazewell County growing or shrinking?
Tazewell County is shrinking. The population has declined 1.23% since 2020.
What is the housing market like in Tazewell County?
The median home value in Tazewell County is $116,100. The housing vacancy rate is 19.5%, which suggests soft market conditions. The unemployment rate is 5.0%, indicating a struggling local economy. Recent rural land sales (1+ acres) show a median price of $2,838 per acre. Suburban/urban lots under 1 acre have a median lot price of $20,000.
Does Reelvest buy land in Tazewell County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Tazewell 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.