Buildocrat US Land Value Book

Land and home values in Smyth County, Virginia

Smyth County (rural) covers 451 square miles and 9 census tracts. Residential land is about $3.23 per sq ft at the county median, from $1.88 in its most rural tracts to $4.06 in its most valuable. The typical home is worth about $173,000 and a 2-bedroom rents for about $935 a month, as of October 12, 2026.

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County values

Land: residential$3.23per sq ft
Land: residential$140,829per acre
Land: quarter-acre lot$35,20710,890 sq ft
Land: farmland$5,050per acre
Home: typical (median)$173,000value
Home: entry-level$95,100lower quartile
Home: upper-end$249,000upper quartile
Build new$157per sq ft, no land
Rent: 1-bedroom$770per month
Rent: 2-bedroom$935per month
Rent: 3-bedroom$1,230per month
Rent: 4-bedroom$1,480per month
Gross yield, 2-bed6.5%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Small town1$4.06$228,000$935
Rural8$2.97$152,000$920

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Highest-value places

PlaceTypeLand $/sq ftTypical home
MarionTown$3.42$203,000
ChilhowieTown$3.24$181,000
Seven Mile FordCommunity$3.22$204,000
AdwolfCommunity$3.19$169,000
McMullinCommunity$3.15$170,000
SaltvilleTown$3.03$114,000
Sugar GroveCommunity$2.86$66,500
Allison GapCommunity$2.79$82,400

Questions people ask

How much is land worth in Smyth County, VA?

Residential land in Smyth County, VA is about $3.23 per square foot, or $140,829 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $35,207. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Smyth County, VA?

The typical (median) home in Smyth County, VA is worth about $173,000, with entry-level homes around $95,100 and upper-end homes around $249,000, as of October 2026.

How much is rent in Smyth County, VA?

A 2-bedroom rents for about $935 a month in Smyth County, VA, a 1-bedroom about $770 and a 3-bedroom about $1,230 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Smyth County, VA?

Farmland averages about $5,050 an acre in Smyth County, VA (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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