Commercial Real Estate Market in Dillwyn, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 247 off-market properties in Dillwyn, VA.
Market Trends
Dillwyn, VA spans 207.2 square miles in Buckingham County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Dillwyn, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Dillwyn, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Dillwyn, VA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Dillwyn, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 84.5%
- Industrial 9.9%
- Commercial 5.6%
Largest Zones share of zoned land by district
Neighborhood Residential
Business
Heavy Industrial
Light Industrial
General Residential
Dillwyn, VA zones 405 acres across 5 districts. Commercial zoning covers 5.6% of zoned land, residential 84.5% and industrial 9.9%. The largest single district is Neighborhood Residential at 84.2%. For commercial buyers the practical constraint is that only 15.5% of land carries a commercial or industrial designation.
Neighborhood Residential (R-1)
R-1 Neighborhood Residential R-2 General Residential B-1 Business M-1 Limited Industrial M-2 General Industrial §11-46. Zoning Permits. Zoning permits must be issued by the Town of Dillwyn prior to the issuance of a Buckingham County building permit, land disturbance permit, or if required, business license in accordance with the following provisions and pro…
Market overview
Demographics & Economy
Dillwyn, VA has 7,850 residents in 2,656 households. Density runs 38 people per square mile. Median household income here is $55,569 and median gross rent $827 a month.
7,850
Population
2,656
Households
3
Avg Household Size
43
Median Age
10%
College-Educated
85%
High-School Grad
207.2 sq mi
ZIP Area
38
Density / Sq Mi
$55,569
Median Household Income
$36,102
Median Earnings
$827
Median Rent
$172,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sprouses Corner | — | — |
| Buckingham | — | — |
| Andersonville | — | — |
| Arvonia | — | — |
Commercial property in Dillwyn, VA asks $216/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Dillwyn?
Commercial property in Dillwyn, VA asks an average of $216 per square foot.
What zoning applies to commercial property in Dillwyn?
Dillwyn, VA zones 405 acres across 5 districts, of which 5.6% is commercial and 9.9% industrial. The largest single district is Neighborhood Residential at 84.2% of zoned land. R-1 Neighborhood Residential R-2 General Residential B-1 Business M-1 Limited Industrial M-2 General Industrial §11-46. Zoning Permits. Zoning permits must be issued by the Town of Dillwyn prior to the issuance of a Buckingham County building permit, land disturbance permit, or if required, business license in accordance with the following provisions and pro… Residential zoning covers 84.5% and open space 0%.
Where does Realmo's Dillwyn market data come from?
Realmo compiles Dillwyn, VA figures from 34 active sale listings, 2 active lease listings, 247 tracked off-market properties, the current Dillwyn zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 34 active for-sale and 2 active for-lease listings in Dillwyn, VA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 405 zoned acres across 5 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
