Land Market Insights and Pricing in Buchanan County, Virginia

Nestled in far western Virginia, Buchanan County offers a rugged Appalachian landscape spanning 502.7 square miles of predominantly forested terrain. The Levisa Fork of the Big Sandy River winds through the county, complemented by numerous streams and creeks, creating opportunities for water-based recreation and potential hydroelectric development. While the mountainous topography limits large-scale agriculture, it provides rich biodiversity and timber resources. U.S. Routes 460 and 23 enhance land accessibility, connecting major towns like Grundy and Oakwood. With a median home price of $91,400 and property taxes at 0.44% (well below the national average), Buchanan presents affordable land options. However, potential buyers should note the county's economic challenges, including a low labor force participation rate of 35.3% and a poverty rate of 17.9%. Despite these factors, the area's natural beauty and outdoor recreation potential, exemplified by Poplar Gap Park, make Buchanan an intriguing option for land investors seeking Appalachian acreage.