Land Market Insights and Pricing in Mathews County, Virginia

Mathews County, Virginia, offers a land buyer's paradise with its extensive waterfront properties along the Chesapeake Bay. This coastal gem boasts 252 square miles, of which an impressive 65.9% is water, creating abundant opportunities for waterfront development and water-based activities. The terrain is predominantly flat with gentle undulations, typical of coastal plains, and features fertile soil suitable for agriculture. Gwynn's Island, where the Piankatank River meets the bay, is a hotspot for boating enthusiasts. The county's rural charm is evident in its lack of traffic signals, appealing to those seeking a quieter lifestyle. With property taxes at a remarkably low 0.42%, well below the national average, Mathews presents an attractive investment opportunity. The local economy, driven by educational services, healthcare, and construction, supports a median worker income of $41,908, slightly above the national average, indicating a stable community for potential landowners.