Land Market Insights and Pricing in Montgomery County, Virginia

Montgomery County, Virginia, offers a diverse landscape of 387 square miles, characterized by the rugged Blue Ridge Mountains and the scenic New River watershed. Land buyers will find a mix of fertile valleys and challenging mountainous terrain, with the Jefferson National Forest partially located within the county. The area boasts a property tax rate of 0.77%, slightly below the national average, enhancing its appeal for potential landowners. Montgomery's economy is anchored by educational services and healthcare, with Virginia Tech serving as a significant hub. The county's natural beauty is complemented by practical amenities, including major highways like Interstate 81 and U.S. Route 460, ensuring good connectivity. With a low unemployment rate of 3.3% and FEMA's assessment of very low economic risk from natural disasters, Montgomery County presents an attractive blend of natural splendor and economic stability for land investments.