Thinking about buying land in Virginia? Whether you want a weekend getaway spot or an investment, the price per acre can feel like a mystery. Let’s break down the main factors, the price brackets you’ll see across the state, and a few shortcuts to spot a good deal.
Location is the biggest driver. Land near Richmond, Northern Virginia, or the beach towns of the Hampton Roads area commands higher prices because it’s close to jobs, schools, and amenities. Zoning matters too—parcel that’s already approved for residential or commercial use will cost more than raw, undeveloped acreage.
Utilities and road access are hidden cost factors. A plot with electricity, water and a paved road will cost more upfront, but you’ll save thousands in hookup fees later. Soil quality and topography matter for farming or building—flat, well‑drained land is worth more than a hilly, rocky lot.
Finally, market trends and tax rates play a role. When the Virginia housing market heats up, land prices rise fast. County property tax rates vary, so an acre in a low‑tax county can feel cheaper even if the sticker price is higher.
Here’s a quick snapshot of what you’ll see in 2025:
These numbers are averages—individual deals can be higher or lower depending on the exact location, size and negotiating power.
If you’re hunting for a bargain, target smaller parcels (under an acre) in less‑developed counties like Bath, Franklin or Dickenson. Sellers there are often motivated, and you can negotiate down 10‑20% off the listed price.
Before you sign, check the county’s land‑use map, ask about any pending easements, and verify that the parcel has a clear title. A quick visit to the local planning office can save you from surprise restrictions later.
Financing rural land can be trickier than a house loan. Many banks require a larger down payment (20‑30%) and a shorter loan term. Alternatively, consider seller financing—it’s common in Virginia and can spread the cost over several years.
Remember to factor in ongoing costs: property tax, insurance (especially for forested land), and maintenance. A cheap acre that burns down in a fire or sits idle can become a money drain.
Bottom line: Virginia offers a wide spread of acreage costs, from a few thousand dollars in remote areas to six‑figure prices near major cities. Do your homework on location, utilities, zoning and taxes, then match the price to your purpose—whether that’s a hobby farm, a future home site, or a pure investment. With the right research, you’ll find land that fits both your budget and your vision.
The cost of land in Virginia varies significantly depending on location, local economy, and land use potential. In urban areas, prices are much higher compared to rural areas, where the landscape offers a mix of agriculture and nature. Recent trends show a rise in demand for farmland and recreational properties. With a rich tapestry of historical background and diverse economic activities, Virginia provides valuable opportunities for land investment. This article delves into current pricing trends and offers practical insights into purchasing land in the state.