Land Market Insights and Pricing in Henry County, Virginia

Henry County, Virginia, offers a diverse landscape within its 384 square miles, characterized by the rolling hills and scenic valleys of the Blue Ridge Mountains. Part of Greater Appalachia, this region boasts varied terrain suitable for different land uses, from rocky highlands to potentially arable lowlands. The county's six districts, including Bassett and Collinsville, provide diverse investment opportunities. Major highways like US 220 and the future I-73 enhance land accessibility and development potential. With a property tax rate of 0.5%, significantly below the national average, Henry County presents an attractive option for land buyers. The area's economy, driven by education, healthcare, and manufacturing sectors, coupled with a median home price of $120,300, reflects a balanced mix of rural charm and economic stability.